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Multifamily Loans in
Pemberton, NJ

Overview

Pemberton is located in a good market for 5+ unit multifamily loans. Multifamily loans in Pemberton are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Pemberton are competitive. Pemberton 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 Pemberton.

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Pemberton, NJ

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Pemberton 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 3.42% - 3.66%
7 Year Fixed 3.33% - 3.57%
10 Year Fixed 3.52% - 3.76%
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 3.05% - 3.30%
7 Year Fixed 3.25% - 3.70%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/01/2021. This is not an offer or commitment to lend. Multifamily loan rates in Pemberton 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 02, 2021


Multifamily Lenders in Pemberton, NJ

All major multifamily lender types are lending in Pemberton.


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 02, 2021


Pemberton Market

The city of Pemberton in Burlington County has a population of 27,169. The median rent in Burlington County for a 2 bedroom is $1,358. The median Pemberton resident is 36 years old with a yearly income of $33,429. The average family has 3.19 members and a median household income of $64,444. Pemberton has a 17% higher education rate. The unemployment rate in Pemberton is 9.4%.


Population
27,169 people

County
Burlington County

Renters

30.7% of Pemberton households are renters.


Rent Burden

31.6% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Burlington County 1
New Jersey 2
National 2
Studio $970 $1,166 $737
1 bedroom $1,121 $1,353 $813
2 bedroom $1,358 $1,671 $1,015
3 bedroom $1,689 $2,131 $1,325
4 bedroom $1,935 $2,445 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Pemberton Demographics


Median Individual Income
$33,429 / year

Median Household Income
$64,444 / year

Families w/ Dual Incomes
49%

Unemployment Rate
9.4%
Household Income Distribution
Pemberton, NJ

Median Age
36 years

Avg Family Size
3.19 people
Age Distribution
Pemberton, NJ

College Education or Above
17%

STEM College Graduates
39%
Education Distribution
Pemberton, NJ
Source: U.S. Census Bureau

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