Easley is located in a good market for 5+ unit multifamily loans. Multifamily loans in Easley are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Easley are competitive. Easley 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 Easley.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Easley are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.71% - 7.45% |
| 7 Year Fixed | 6.66% - 7.17% |
| 10 Year Fixed | 6.64% - 7.04% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.34% - 6.58% |
| 7 Year Fixed | 6.23% - 6.47% |
| 10 Year Fixed | 6.24% - 6.48% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.51% - 7.25% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.44% - 6.84% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.59% - 5.69% |
| 7 Year Fixed | 5.64% - 5.74% |
| 10 Year Fixed | 5.62% - 5.72% |
All major multifamily lender types are lending in Easley.
The city of Easley in Pickens County has a population of 21,364. The median rent in Pickens County for a 2 bedroom is $1,022. The median Easley resident is 42 years old with a yearly income of $27,835. The average family has 2.91 members and a median household income of $52,414. Easley has a 25% higher education rate. The unemployment rate in Easley is 4.4%.
35.7% of Easley households are renters.
28.1% median household income spent on rent.
Bedrooms |
Pickens County 1 |
South Carolina 2 |
National 2 |
|---|---|---|---|
| Studio | $793 | $697 | $737 |
| 1 bedroom | $897 | $732 | $813 |
| 2 bedroom | $1,022 | $879 | $1,015 |
| 3 bedroom | $1,361 | $1,158 | $1,325 |
| 4 bedroom | $1,647 | $1,369 | $1,521 |
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