Loading...

Multifamily Loans in
Perry Hall, MD

Overview

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

Get multifamily loan quotes for Dec 05, 2021


Multifamily Loan Rates in Perry Hall, MD

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Perry Hall 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 3.32% - 3.56%
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 12/04/2021. This is not an offer or commitment to lend. Multifamily loan rates in Perry Hall 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 05, 2021


Multifamily Lenders in Perry Hall, MD

All major multifamily lender types are lending in Perry Hall.


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 05, 2021


Perry Hall Market

The city of Perry Hall in Baltimore County has a population of 28,266. The median rent in Baltimore County for a 2 bedroom is $1,505. The median Perry Hall resident is 39 years old with a yearly income of $41,768. The average family has 3.17 members and a median household income of $88,825. Perry Hall has a 43% higher education rate. The unemployment rate in Perry Hall is 3.5%.


Population
28,266 people

County
Baltimore County

Renters

23.6% of Perry Hall households are renters.


Rent Burden

25.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Baltimore County 1
Maryland 2
National 2
Studio $997 $1,013 $737
1 bedroom $1,213 $1,126 $813
2 bedroom $1,505 $1,365 $1,015
3 bedroom $1,950 $1,803 $1,325
4 bedroom $2,233 $2,127 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Perry Hall Demographics


Median Individual Income
$41,768 / year

Median Household Income
$88,825 / year

Families w/ Dual Incomes
66%

Unemployment Rate
3.5%
Household Income Distribution
Perry Hall, MD

Median Age
39 years

Avg Family Size
3.17 people
Age Distribution
Perry Hall, MD

College Education or Above
43%

STEM College Graduates
44%
Education Distribution
Perry Hall, MD
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day