Mililani Town is located in a good market for 5+ unit multifamily loans. Multifamily loans in Mililani Town are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Mililani Town are competitive. Mililani Town 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 Mililani Town.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Mililani Town 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 | 5.18% - 5.42% |
| 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 Mililani Town.
The city of Mililani Town in Honolulu County has a population of 27,562. The median rent in Honolulu County for a 2 bedroom is $2,285. The median Mililani Town resident is 41 years old with a yearly income of $42,053. The average family has 3.52 members and a median household income of $99,460. Mililani Town has a 35% higher education rate. The unemployment rate in Mililani Town is 2.3%.
22.3% of Mililani Town households are renters.
36.2% median household income spent on rent.
Bedrooms |
Honolulu County 1 |
Hawaii 2 |
National 2 |
|---|---|---|---|
| Studio | $1,579 | $1,391 | $737 |
| 1 bedroom | $1,738 | $1,553 | $813 |
| 2 bedroom | $2,285 | $1,987 | $1,015 |
| 3 bedroom | $3,270 | $2,739 | $1,325 |
| 4 bedroom | $3,956 | $3,158 | $1,521 |
We're here to help.