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Multifamily Loans in
Valparaiso, IN

Overview

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

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Valparaiso, IN

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Valparaiso 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 3.11% - 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 Valparaiso 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 Valparaiso, IN

All major multifamily lender types are lending in Valparaiso.


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


Valparaiso Market

The city of Valparaiso in Porter County has a population of 33,897. The median rent in Porter County for a 2 bedroom is $978. The median Valparaiso resident is 36 years old with a yearly income of $30,942. The average family has 2.92 members and a median household income of $59,533. Valparaiso has a 41% higher education rate. The unemployment rate in Valparaiso is 4.7%.


Population
33,897 people

County
Porter County

Renters

44.3% of Valparaiso households are renters.


Rent Burden

31.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Porter County 1
Indiana 2
National 2
Studio $645 $593 $737
1 bedroom $794 $666 $813
2 bedroom $978 $840 $1,015
3 bedroom $1,216 $1,099 $1,325
4 bedroom $1,378 $1,251 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Valparaiso Demographics


Median Individual Income
$30,942 / year

Median Household Income
$59,533 / year

Families w/ Dual Incomes
50%

Unemployment Rate
4.7%
Household Income Distribution
Valparaiso, IN

Median Age
36 years

Avg Family Size
2.92 people
Age Distribution
Valparaiso, IN

College Education or Above
41%

STEM College Graduates
38%
Education Distribution
Valparaiso, IN
Source: U.S. Census Bureau

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