Stamford is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Stamford are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Stamford are some of the lowest nationally. Stamford 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 Stamford.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Stamford are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.71% - 7.45% |
| 7 Year Fixed | 6.66% - 7.17% |
| 10 Year Fixed | 6.64% - 7.04% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.32% - 6.56% |
| 7 Year Fixed | 6.43% - 6.67% |
| 10 Year Fixed | 6.39% - 6.63% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.51% - 7.25% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.44% - 6.84% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.44% - 5.54% |
| 7 Year Fixed | 5.49% - 5.59% |
| 10 Year Fixed | 5.47% - 5.57% |
All major multifamily lender types are lending in Stamford.
The city of Stamford in Fairfield County has a population of 129,638. The median rent in Fairfield County for a 2 bedroom is $1,557. The median Stamford resident is 37 years old with a yearly income of $42,669. The average family has 3.21 members and a median household income of $93,059. Stamford has a 50% higher education rate. The unemployment rate in Stamford is 6.3%.
48.4% of Stamford households are renters.
35.7% median household income spent on rent.
Bedrooms |
Fairfield County 1 |
Connecticut 2 |
National 2 |
|---|---|---|---|
| Studio | $1,027 | $974 | $737 |
| 1 bedroom | $1,245 | $1,155 | $813 |
| 2 bedroom | $1,557 | $1,442 | $1,015 |
| 3 bedroom | $1,983 | $1,820 | $1,325 |
| 4 bedroom | $2,387 | $2,144 | $1,521 |
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