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Multifamily Loans in
Raymore, MO

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Raymore, MO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Raymore 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 3.25% - 3.49%
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 Raymore 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 Raymore, MO

All major multifamily lender types are lending in Raymore.


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


Raymore Market

The city of Raymore in Cass County has a population of 22,194. The median rent in Cass County for a 2 bedroom is $1,095. The median Raymore resident is 42 years old with a yearly income of $40,892. The average family has 2.93 members and a median household income of $84,697. Raymore has a 38% higher education rate. The unemployment rate in Raymore is 1.3%.


Population
22,194 people

County
Cass County

Renters

19% of Raymore households are renters.


Rent Burden

29.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Cass County 1
Missouri 2
National 2
Studio $784 $535 $737
1 bedroom $919 $594 $813
2 bedroom $1,095 $761 $1,015
3 bedroom $1,463 $1,010 $1,325
4 bedroom $1,665 $1,155 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Raymore Demographics


Median Individual Income
$40,892 / year

Median Household Income
$84,697 / year

Families w/ Dual Incomes
58%

Unemployment Rate
1.3%
Household Income Distribution
Raymore, MO

Median Age
42 years

Avg Family Size
2.93 people
Age Distribution
Raymore, MO

College Education or Above
38%

STEM College Graduates
37%
Education Distribution
Raymore, MO
Source: U.S. Census Bureau

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