Baltimore Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Baltimore, Maryland
Baltimore: In the Spotlight
Baltimore, Maryland is located 32 miles from the state capital of Annapolis and is part of the Baltimore–Columbia–Towson Metropolitan Statistical Area. The population of Baltimore is just over 609,000, making it the most populous city in the State. It also covers around 92 square miles of land. Baltimore, more specifically Fort Henry, is the site of the creation of the National Anthem and the first United States post office system was inaugurated in the state in 1774.
- The unemployment rate is slightly higher than average, around 7.6%.
- The median household income is $50,379.
- The median age in Baltimore is 35 years old
- Baltimore employs over 255,000 residents
Baltimore Apartment Loan and Multifamily Property Facts
Baltimore is part of the Maryland market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Baltimore has a moderate vacancy of around 7.2% across all rental properties
- There has been a marginal rent increase, to $1,316 per month
- The homeownership rate is roughly 47%, which leaves around 53% of residents looking for rental properties.
Although 2020 was a difficult time in Baltimore, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Baltimore Apartment Loan and Lending Options
In Baltimore, Maryland there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Baltimore Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Baltimore, MD. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Baltimore is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Baltimore Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.