Loading...

Multifamily Loans in
Pine Hills, FL

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Pine Hills, FL

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Pine Hills 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 3.16% - 3.41%
7 Year Fixed 3.33% - 3.78%
10 Year Fixed 3.28% - 3.68%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/07/2021. This is not an offer or commitment to lend. Multifamily loan rates in Pine Hills 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 08, 2021


Multifamily Lenders in Pine Hills, FL

All major multifamily lender types are lending in Pine Hills.


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 08, 2021


Pine Hills Market

The city of Pine Hills in Orange County has a population of 78,995. The median rent in Orange County for a 2 bedroom is $1,422. The median Pine Hills resident is 31 years old with a yearly income of $21,044. The average family has 3.93 members and a median household income of $40,894. Pine Hills has a 14% higher education rate. The unemployment rate in Pine Hills is 9.1%.


Population
78,995 people

County
Orange County

Renters

48% of Pine Hills households are renters.


Rent Burden

40.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Orange County 1
Florida 2
National 2
Studio $1,135 $822 $737
1 bedroom $1,227 $891 $813
2 bedroom $1,422 $1,089 $1,015
3 bedroom $1,844 $1,448 $1,325
4 bedroom $2,215 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Pine Hills Demographics


Median Individual Income
$21,044 / year

Median Household Income
$40,894 / year

Families w/ Dual Incomes
49%

Unemployment Rate
9.1%
Household Income Distribution
Pine Hills, FL

Median Age
31 years

Avg Family Size
3.93 people
Age Distribution
Pine Hills, FL

College Education or Above
14%

STEM College Graduates
36%
Education Distribution
Pine Hills, FL
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