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Multifamily Loans in
Parker, CO

Overview

Parker is located in a good market for 5+ unit multifamily loans. Multifamily loans in Parker are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Parker are competitive. Parker apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Parker.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Parker, CO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Parker are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.37% - 3.61%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.47% - 3.71%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/03/2021. This is not an offer or commitment to lend. Multifamily loan rates in Parker may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Lenders in Parker, CO

All major multifamily lender types are lending in Parker.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 04, 2021


Parker Market

The city of Parker in Douglas County has a population of 57,706. The median rent in Douglas County for a 2 bedroom is $1,750. The median Parker resident is 35 years old with a yearly income of $51,470. The average family has 3.3 members and a median household income of $110,934. Parker has a 53% higher education rate. The unemployment rate in Parker is 2.9%.


Population
57,706 people

County
Douglas County

Renters

23.5% of Parker households are renters.


Rent Burden

28.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Douglas County 1
Colorado 2
National 2
Studio $1,286 $873 $737
1 bedroom $1,422 $932 $813
2 bedroom $1,750 $1,168 $1,015
3 bedroom $2,383 $1,570 $1,325
4 bedroom $2,710 $1,825 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Parker Demographics


Median Individual Income
$51,470 / year

Median Household Income
$110,934 / year

Families w/ Dual Incomes
68%

Unemployment Rate
2.9%
Household Income Distribution
Parker, CO

Median Age
35 years

Avg Family Size
3.3 people
Age Distribution
Parker, CO

College Education or Above
53%

STEM College Graduates
44%
Education Distribution
Parker, CO
Source: U.S. Census Bureau

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