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Multifamily Loans in
Scottsdale, AZ

Overview

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

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Scottsdale, AZ

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Scottsdale 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 3.52% - 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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
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 Scottsdale 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 Scottsdale, AZ

All major multifamily lender types are lending in Scottsdale.


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


Scottsdale Market

The city of Scottsdale in Maricopa County has a population of 258,069. The median rent in Maricopa County for a 2 bedroom is $1,346. The median Scottsdale resident is 48 years old with a yearly income of $47,240. The average family has 2.81 members and a median household income of $88,213. Scottsdale has a 59% higher education rate. The unemployment rate in Scottsdale is 3.3%.


Population
258,069 people

County
Maricopa County

Renters

33.8% of Scottsdale households are renters.


Rent Burden

26% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Maricopa County 1
Arizona 2
National 2
Studio $1,004 $747 $737
1 bedroom $1,111 $822 $813
2 bedroom $1,346 $1,038 $1,015
3 bedroom $1,899 $1,433 $1,325
4 bedroom $2,162 $1,597 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Scottsdale Demographics


Median Individual Income
$47,240 / year

Median Household Income
$88,213 / year

Families w/ Dual Incomes
46%

Unemployment Rate
3.3%
Household Income Distribution
Scottsdale, AZ

Median Age
48 years

Avg Family Size
2.81 people
Age Distribution
Scottsdale, AZ

College Education or Above
59%

STEM College Graduates
42%
Education Distribution
Scottsdale, AZ
Source: U.S. Census Bureau

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