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Multifamily Loans in
Bossier City, LA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Bossier City, LA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Bossier City 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 3.51% - 3.75%
7 Year Fixed 3.37% - 3.61%
10 Year Fixed 3.51% - 3.75%
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 3.22% - 3.47%
7 Year Fixed 3.39% - 3.84%
10 Year Fixed 3.37% - 3.77%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/07/2021. This is not an offer or commitment to lend. Multifamily loan rates in Bossier City 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 08, 2021


Multifamily Lenders in Bossier City, LA

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


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 08, 2021


Bossier City Market

The city of Bossier City in Bossier Parish has a population of 68,159. The median rent in Bossier Parish for a 2 bedroom is $913. The median Bossier City resident is 34 years old with a yearly income of $27,867. The average family has 3 members and a median household income of $50,340. Bossier City has a 23% higher education rate. The unemployment rate in Bossier City is 5.3%.


Population
68,159 people

County
Bossier Parish

Renters

47.2% of Bossier City households are renters.


Rent Burden

33.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Bossier Parish 1
Louisiana 2
National 2
Studio $647 $665 $737
1 bedroom $773 $729 $813
2 bedroom $913 $888 $1,015
3 bedroom $1,136 $1,160 $1,325
4 bedroom $1,304 $1,326 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Bossier City Demographics


Median Individual Income
$27,867 / year

Median Household Income
$50,340 / year

Families w/ Dual Incomes
43%

Unemployment Rate
5.3%
Household Income Distribution
Bossier City, LA

Median Age
34 years

Avg Family Size
3 people
Age Distribution
Bossier City, LA

College Education or Above
23%

STEM College Graduates
41%
Education Distribution
Bossier City, LA
Source: U.S. Census Bureau

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