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Multifamily Loans in
Battle Ground, WA

Overview

Battle Ground is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Battle Ground are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Battle Ground are some of the lowest nationally. Battle Ground 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 Battle Ground.

Get multifamily loan quotes for Dec 03, 2024


Multifamily Loan Rates in Battle Ground, WA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Battle Ground are:

Fannie Mae®
$1M to $6M
5 Year Fixed 6.56% - 7.30%
7 Year Fixed 6.46% - 6.97%
10 Year Fixed 6.40% - 6.80%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 5.71% - 5.46%
7 Year Fixed 5.10% - 5.34%
10 Year Fixed 5.09% - 5.33%
Fannie Mae®
$6M to $100M
5 Year Fixed 6.36% - 7.10%
7 Year Fixed 6.26% - 6.77%
10 Year Fixed 6.20% - 6.60%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 5.55% - 5.70%
7 Year Fixed 5.56% - 5.71%
10 Year Fixed 5.56% - 5.71%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2024. This is not an offer or commitment to lend. Multifamily loan rates in Battle Ground 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 03, 2024


Multifamily Lenders in Battle Ground, WA

All major multifamily lender types are lending in Battle Ground.


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 03, 2024


Battle Ground Market

The city of Battle Ground in Clark County has a population of 21,252. The median rent in Clark County for a 2 bedroom is $1,620. The median Battle Ground resident is 32 years old with a yearly income of $37,153. The average family has 3.33 members and a median household income of $75,208. Battle Ground has a 21% higher education rate. The unemployment rate in Battle Ground is 4.5%.


Population
21,252 people

County
Clark County

Renters

29.6% of Battle Ground households are renters.


Rent Burden

28.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Clark County 1
Washington 2
National 2
Studio $1,313 $801 $737
1 bedroom $1,404 $904 $813
2 bedroom $1,620 $1,138 $1,015
3 bedroom $2,312 $1,591 $1,325
4 bedroom $2,802 $1,874 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Battle Ground Demographics


Median Individual Income
$37,153 / year

Median Household Income
$75,208 / year

Families w/ Dual Incomes
55%

Unemployment Rate
4.5%
Household Income Distribution
Battle Ground, WA

Median Age
32 years

Avg Family Size
3.33 people
Age Distribution
Battle Ground, WA

College Education or Above
21%

STEM College Graduates
38%
Education Distribution
Battle Ground, WA
Source: U.S. Census Bureau

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