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Multifamily Loans in
Sun City West, AZ

Overview

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

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Sun City West, AZ

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Sun City West 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 3.05% - 3.30%
7 Year Fixed 3.25% - 3.70%
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 Sun City West 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 Sun City West, AZ

All major multifamily lender types are lending in Sun City West.


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


Sun City West Market

The city of Sun City West in Maricopa County has a population of 25,544. The median rent in Maricopa County for a 2 bedroom is $1,346. The median Sun City West resident is 76 years old with a yearly income of $29,057. The average family has 2.08 members and a median household income of $52,196. Sun City West has a 34% higher education rate. The unemployment rate in Sun City West is 7.4%.


Population
25,544 people

County
Maricopa County

Renters

12.1% of Sun City West households are renters.


Rent Burden

41.5% 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

Sun City West Demographics


Median Individual Income
$29,057 / year

Median Household Income
$52,196 / year

Families w/ Dual Incomes
8%

Unemployment Rate
7.4%
Household Income Distribution
Sun City West, AZ

Median Age
76 years

Avg Family Size
2.08 people
Age Distribution
Sun City West, AZ

College Education or Above
34%

STEM College Graduates
38%
Education Distribution
Sun City West, AZ
Source: U.S. Census Bureau

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