Loading...

Multifamily Loans in
Jasmine Estates, FL

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Jasmine Estates, FL

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Jasmine Estates 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 3.16% - 3.41%
7 Year Fixed 3.33% - 3.78%
10 Year Fixed 3.28% - 3.68%
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 Jasmine Estates 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 Jasmine Estates, FL

All major multifamily lender types are lending in Jasmine Estates.


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


Jasmine Estates Market

The city of Jasmine Estates in Pasco County has a population of 21,865. The median rent in Pasco County for a 2 bedroom is $1,375. The median Jasmine Estates resident is 40 years old with a yearly income of $21,743. The average family has 3.14 members and a median household income of $37,268. Jasmine Estates has a 11% higher education rate. The unemployment rate in Jasmine Estates is 6.1%.


Population
21,865 people

County
Pasco County

Renters

42% of Jasmine Estates households are renters.


Rent Burden

36.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Pasco County 1
Florida 2
National 2
Studio $1,070 $822 $737
1 bedroom $1,125 $891 $813
2 bedroom $1,375 $1,089 $1,015
3 bedroom $1,786 $1,448 $1,325
4 bedroom $2,194 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Jasmine Estates Demographics


Median Individual Income
$21,743 / year

Median Household Income
$37,268 / year

Families w/ Dual Incomes
37%

Unemployment Rate
6.1%
Household Income Distribution
Jasmine Estates, FL

Median Age
40 years

Avg Family Size
3.14 people
Age Distribution
Jasmine Estates, FL

College Education or Above
11%

STEM College Graduates
51%
Education Distribution
Jasmine Estates, FL
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day