Perinton is located in a good market for 5+ unit multifamily loans. Multifamily loans in Perinton are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Perinton are competitive. Perinton 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 Perinton.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Perinton 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 | 5.44% - 5.68% |
| 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 | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Perinton.
The city of Perinton in Monroe County has a population of 46,671. The median rent in Monroe County for a 2 bedroom is $1,070. The median Perinton resident is 47 years old with a yearly income of $44,573. The average family has 2.9 members and a median household income of $90,481. Perinton has a 59% higher education rate. The unemployment rate in Perinton is 2.9%.
19.7% of Perinton households are renters.
33.2% median household income spent on rent.
Bedrooms |
Monroe County 1 |
New York 2 |
National 2 |
|---|---|---|---|
| Studio | $742 | $909 | $737 |
| 1 bedroom | $856 | $990 | $813 |
| 2 bedroom | $1,070 | $1,202 | $1,015 |
| 3 bedroom | $1,331 | $1,537 | $1,325 |
| 4 bedroom | $1,451 | $1,692 | $1,521 |
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