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Multifamily Loans in
Jeffersontown, KY

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Jeffersontown, KY

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Jeffersontown 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 3.37% - 3.61%
7 Year Fixed 3.25% - 3.49%
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 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
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 Jeffersontown 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 Jeffersontown, KY

All major multifamily lender types are lending in Jeffersontown.


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 04, 2021


Jeffersontown Market

The city of Jeffersontown in Jefferson County has a population of 27,715. The median rent in Jefferson County for a 2 bedroom is $979. The median Jeffersontown resident is 39 years old with a yearly income of $36,521. The average family has 3.11 members and a median household income of $68,803. Jeffersontown has a 38% higher education rate. The unemployment rate in Jeffersontown is 3.8%.


Population
27,715 people

County
Jefferson County

Renters

30.6% of Jeffersontown households are renters.


Rent Burden

23.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Jefferson County 1
Kentucky 2
National 2
Studio $692 $548 $737
1 bedroom $810 $605 $813
2 bedroom $979 $763 $1,015
3 bedroom $1,311 $1,011 $1,325
4 bedroom $1,502 $1,144 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Jeffersontown Demographics


Median Individual Income
$36,521 / year

Median Household Income
$68,803 / year

Families w/ Dual Incomes
59%

Unemployment Rate
3.8%
Household Income Distribution
Jeffersontown, KY

Median Age
39 years

Avg Family Size
3.11 people
Age Distribution
Jeffersontown, KY

College Education or Above
38%

STEM College Graduates
43%
Education Distribution
Jeffersontown, KY
Source: U.S. Census Bureau

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