Littleton is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Littleton are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Littleton are some of the lowest nationally. Littleton 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 Littleton.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Littleton 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 | 5.17% - 5.41% |
| 7 Year Fixed | 5.23% - 5.47% |
| 10 Year Fixed | 5.14% - 5.38% |
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% |
All major multifamily lender types are lending in Littleton.
The city of Littleton in Arapahoe County has a population of 48,065. The median rent in Arapahoe County for a 2 bedroom is $1,750. The median Littleton resident is 41 years old with a yearly income of $40,585. The average family has 2.92 members and a median household income of $76,015. Littleton has a 50% higher education rate. The unemployment rate in Littleton is 3.5%.
39.7% of Littleton households are renters.
29.6% median household income spent on rent.
Bedrooms |
Arapahoe County 1 |
Colorado 2 |
National 2 |
|---|---|---|---|
| Studio | $1,286 | $873 | $737 |
| 1 bedroom | $1,422 | $932 | $813 |
| 2 bedroom | $1,750 | $1,168 | $1,015 |
| 3 bedroom | $2,383 | $1,570 | $1,325 |
| 4 bedroom | $2,710 | $1,825 | $1,521 |
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