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Multifamily Loans in
Hinesville, GA

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Hinesville, GA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Hinesville 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 3.68% - 3.92%
7 Year Fixed 3.57% - 3.81%
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 Hinesville 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 Hinesville, GA

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


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


Hinesville Market

The city of Hinesville in Liberty County has a population of 33,273. The median rent in Liberty County for a 2 bedroom is $1,027. The median Hinesville resident is 29 years old with a yearly income of $30,252. The average family has 2.92 members and a median household income of $47,563. Hinesville has a 20% higher education rate. The unemployment rate in Hinesville is 10.1%.


Population
33,273 people

County
Liberty County

Renters

56.8% of Hinesville households are renters.


Rent Burden

29.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Liberty County 1
Georgia 2
National 2
Studio $871 $670 $737
1 bedroom $901 $698 $813
2 bedroom $1,027 $840 $1,015
3 bedroom $1,470 $1,103 $1,325
4 bedroom $1,778 $1,302 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Hinesville Demographics


Median Individual Income
$30,252 / year

Median Household Income
$47,563 / year

Families w/ Dual Incomes
46%

Unemployment Rate
10.1%
Household Income Distribution
Hinesville, GA

Median Age
29 years

Avg Family Size
2.92 people
Age Distribution
Hinesville, GA

College Education or Above
20%

STEM College Graduates
33%
Education Distribution
Hinesville, GA
Source: U.S. Census Bureau

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