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Multifamily Loans in
Cabot, AR

Overview

Cabot is located in a good market for 5+ unit multifamily loans. Multifamily loans in Cabot are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Cabot are competitive. Cabot 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 Cabot.

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Cabot, AR

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Cabot 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 $7.5M
5 Year Fixed 3.32% - 3.56%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.47% - 3.71%
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®
$7.5M to $100M
5 Year Fixed 3.17% - 3.42%
7 Year Fixed 3.34% - 3.79%
10 Year Fixed 3.32% - 3.72%
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 Cabot 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 Cabot, AR

All major multifamily lender types are lending in Cabot.


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

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 08, 2021


Cabot Market

The city of Cabot in Lonoke County has a population of 26,352. The median rent in Lonoke County for a 2 bedroom is $898. The median Cabot resident is 35 years old with a yearly income of $32,351. The average family has 3.18 members and a median household income of $60,591. Cabot has a 26% higher education rate. The unemployment rate in Cabot is 3.1%.


Population
26,352 people

County
Lonoke County

Renters

36.2% of Cabot households are renters.


Rent Burden

26.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Lonoke County 1
Arkansas 2
National 2
Studio $742 $535 $737
1 bedroom $777 $574 $813
2 bedroom $898 $723 $1,015
3 bedroom $1,206 $954 $1,325
4 bedroom $1,416 $1,104 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Cabot Demographics


Median Individual Income
$32,351 / year

Median Household Income
$60,591 / year

Families w/ Dual Incomes
54%

Unemployment Rate
3.1%
Household Income Distribution
Cabot, AR

Median Age
35 years

Avg Family Size
3.18 people
Age Distribution
Cabot, AR

College Education or Above
26%

STEM College Graduates
39%
Education Distribution
Cabot, AR
Source: U.S. Census Bureau

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