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Multifamily Loans in
Johns Creek, GA

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Johns Creek, GA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Johns Creek 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 3.03% - 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 Johns Creek 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 Johns Creek, GA

All major multifamily lender types are lending in Johns Creek.


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


Johns Creek Market

The city of Johns Creek in Fulton County has a population of 84,579. The median rent in Fulton County for a 2 bedroom is $1,284. The median Johns Creek resident is 41 years old with a yearly income of $52,703. The average family has 3.38 members and a median household income of $122,514. Johns Creek has a 68% higher education rate. The unemployment rate in Johns Creek is 4.7%.


Population
84,579 people

County
Fulton County

Renters

23.6% of Johns Creek households are renters.


Rent Burden

26.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Fulton County 1
Georgia 2
National 2
Studio $1,101 $670 $737
1 bedroom $1,126 $698 $813
2 bedroom $1,284 $840 $1,015
3 bedroom $1,615 $1,103 $1,325
4 bedroom $1,976 $1,302 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Johns Creek Demographics


Median Individual Income
$52,703 / year

Median Household Income
$122,514 / year

Families w/ Dual Incomes
62%

Unemployment Rate
4.7%
Household Income Distribution
Johns Creek, GA

Median Age
41 years

Avg Family Size
3.38 people
Age Distribution
Johns Creek, GA

College Education or Above
68%

STEM College Graduates
51%
Education Distribution
Johns Creek, GA
Source: U.S. Census Bureau

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