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Multifamily Loans in
Webster Groves, MO

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Webster Groves, MO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Webster Groves 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 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
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 Webster Groves 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 Webster Groves, MO

All major multifamily lender types are lending in Webster Groves.


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


Webster Groves Market

The city of Webster Groves in St. Louis County has a population of 22,819. The median rent in St. Louis County for a 2 bedroom is $1,005. The median Webster Groves resident is 40 years old with a yearly income of $51,620. The average family has 3.05 members and a median household income of $102,759. Webster Groves has a 68% higher education rate. The unemployment rate in Webster Groves is 3.0%.


Population
22,819 people

County
St. Louis County

Renters

21.6% of Webster Groves households are renters.


Rent Burden

33.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
St. Louis County 1
Missouri 2
National 2
Studio $719 $535 $737
1 bedroom $783 $594 $813
2 bedroom $1,005 $761 $1,015
3 bedroom $1,311 $1,010 $1,325
4 bedroom $1,543 $1,155 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Webster Groves Demographics


Median Individual Income
$51,620 / year

Median Household Income
$102,759 / year

Families w/ Dual Incomes
67%

Unemployment Rate
3.0%
Household Income Distribution
Webster Groves, MO

Median Age
40 years

Avg Family Size
3.05 people
Age Distribution
Webster Groves, MO

College Education or Above
68%

STEM College Graduates
43%
Education Distribution
Webster Groves, MO
Source: U.S. Census Bureau

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