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Multifamily Loans in
Fremont, NE

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Fremont, NE

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

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


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


Fremont Market

The city of Fremont in Dodge County has a population of 26,383. The median rent in Dodge County for a 2 bedroom is $877. The median Fremont resident is 37 years old with a yearly income of $27,299. The average family has 2.88 members and a median household income of $49,474. Fremont has a 18% higher education rate. The unemployment rate in Fremont is 5.6%.


Population
26,383 people

County
Dodge County

Renters

43.7% of Fremont households are renters.


Rent Burden

25.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Dodge County 1
Nebraska 2
National 2
Studio $579 $526 $737
1 bedroom $665 $616 $813
2 bedroom $877 $786 $1,015
3 bedroom $1,091 $1,024 $1,325
4 bedroom $1,196 $1,140 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Fremont Demographics


Median Individual Income
$27,299 / year

Median Household Income
$49,474 / year

Families w/ Dual Incomes
57%

Unemployment Rate
5.6%
Household Income Distribution
Fremont, NE

Median Age
37 years

Avg Family Size
2.88 people
Age Distribution
Fremont, NE

College Education or Above
18%

STEM College Graduates
35%
Education Distribution
Fremont, NE
Source: U.S. Census Bureau

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