Huber Heights is located in a good market for 5+ unit multifamily loans. Multifamily loans in Huber Heights are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Huber Heights are competitive. Huber Heights 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 Huber Heights.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Huber Heights 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 | 5.49% - 5.73% |
| 7 Year Fixed | 5.25% - 5.49% |
| 10 Year Fixed | 5.19% - 5.43% |
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 | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Huber Heights.
The city of Huber Heights in Montgomery County has a population of 38,154. The median rent in Montgomery County for a 2 bedroom is $891. The median Huber Heights resident is 37 years old with a yearly income of $31,783. The average family has 3.11 members and a median household income of $62,461. Huber Heights has a 24% higher education rate. The unemployment rate in Huber Heights is 5.5%.
29.1% of Huber Heights households are renters.
27.6% median household income spent on rent.
Bedrooms |
Montgomery County 1 |
Ohio 2 |
National 2 |
|---|---|---|---|
| Studio | $600 | $597 | $737 |
| 1 bedroom | $689 | $662 | $813 |
| 2 bedroom | $891 | $834 | $1,015 |
| 3 bedroom | $1,196 | $1,084 | $1,325 |
| 4 bedroom | $1,294 | $1,205 | $1,521 |
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