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Multifamily Loans in
Fayetteville, AR

Overview

Fayetteville is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Fayetteville are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Fayetteville are slightly higher than the national average. Fayetteville 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 Fayetteville.

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Fayetteville, AR

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Fayetteville 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 Fayetteville 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 Fayetteville, AR

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


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


Fayetteville Market

The city of Fayetteville in Washington County has a population of 87,590. The median rent in Washington County for a 2 bedroom is $833. The median Fayetteville resident is 27 years old with a yearly income of $26,359. The average family has 2.91 members and a median household income of $43,690. Fayetteville has a 50% higher education rate. The unemployment rate in Fayetteville is 5.0%.


Population
87,590 people

County
Washington County

Renters

63.4% of Fayetteville households are renters.


Rent Burden

32.9% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Washington County 1
Arkansas 2
National 2
Studio $618 $535 $737
1 bedroom $660 $574 $813
2 bedroom $833 $723 $1,015
3 bedroom $1,192 $954 $1,325
4 bedroom $1,442 $1,104 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Fayetteville Demographics


Median Individual Income
$26,359 / year

Median Household Income
$43,690 / year

Families w/ Dual Incomes
53%

Unemployment Rate
5.0%
Household Income Distribution
Fayetteville, AR

Median Age
27 years

Avg Family Size
2.91 people
Age Distribution
Fayetteville, AR

College Education or Above
50%

STEM College Graduates
41%
Education Distribution
Fayetteville, AR
Source: U.S. Census Bureau

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