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Multifamily Loans in
Appleton, WI

Overview

Appleton is located in what is considered a very small market for 5+ unit multifamily loans. Multifamily loans in Appleton are considered greater risk due to market dynamics. Interest rates for multifamily loans in Appleton are higher than the national average. Appleton apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Appleton.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Appleton, WI

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Appleton are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $6M
5 Year Fixed 3.78% - 4.02%
7 Year Fixed 3.59% - 3.83%
10 Year Fixed 3.68% - 3.92%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$6M to $100M
5 Year Fixed 3.13% - 3.38%
7 Year Fixed 3.29% - 3.74%
10 Year Fixed 3.35% - 3.75%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/03/2021. This is not an offer or commitment to lend. Multifamily loan rates in Appleton may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Lenders in Appleton, WI

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Appleton.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Moderate leverage
  • Tax returns not required
  • Non-recourse
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Dec 04, 2021


Appleton Market

The city of Appleton in Outagamie County has a population of 74,098. The median rent in Outagamie County for a 2 bedroom is $854. The median Appleton resident is 36 years old with a yearly income of $31,223. The average family has 3.09 members and a median household income of $58,112. Appleton has a 34% higher education rate. The unemployment rate in Appleton is 3.6%.


Population
74,098 people

County
Outagamie County

Renters

34.4% of Appleton households are renters.


Rent Burden

26.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Outagamie County 1
Wisconsin 2
National 2
Studio $629 $595 $737
1 bedroom $659 $668 $813
2 bedroom $854 $856 $1,015
3 bedroom $1,173 $1,127 $1,325
4 bedroom $1,177 $1,256 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Appleton Demographics


Median Individual Income
$31,223 / year

Median Household Income
$58,112 / year

Families w/ Dual Incomes
59%

Unemployment Rate
3.6%
Household Income Distribution
Appleton, WI

Median Age
36 years

Avg Family Size
3.09 people
Age Distribution
Appleton, WI

College Education or Above
34%

STEM College Graduates
40%
Education Distribution
Appleton, WI
Source: U.S. Census Bureau

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