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Multifamily Loans in
Stamford, CT

Overview

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.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Stamford, CT

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Stamford 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 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.38% - 3.62%
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 2.98% - 3.23%
7 Year Fixed 3.14% - 3.59%
10 Year Fixed 3.20% - 3.60%
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 Stamford 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 Stamford, CT

All major multifamily lender types are lending in Stamford.


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


Stamford Market

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%.


Population
129,638 people

County
Fairfield County

Renters

48.4% of Stamford households are renters.


Rent Burden

35.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

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
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Stamford Demographics


Median Individual Income
$42,669 / year

Median Household Income
$93,059 / year

Families w/ Dual Incomes
61%

Unemployment Rate
6.3%
Household Income Distribution
Stamford, CT

Median Age
37 years

Avg Family Size
3.21 people
Age Distribution
Stamford, CT

College Education or Above
50%

STEM College Graduates
44%
Education Distribution
Stamford, CT
Source: U.S. Census Bureau

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