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Multifamily Loans in
Kissimmee, FL

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Kissimmee, FL

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

All major multifamily lender types are lending in Kissimmee.


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


Kissimmee Market

The city of Kissimmee in Osceola County has a population of 72,717. The median rent in Osceola County for a 2 bedroom is $1,422. The median Kissimmee resident is 35 years old with a yearly income of $21,510. The average family has 3.81 members and a median household income of $40,826. Kissimmee has a 18% higher education rate. The unemployment rate in Kissimmee is 5.4%.


Population
72,717 people

County
Osceola County

Renters

58.6% of Kissimmee households are renters.


Rent Burden

41.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Osceola County 1
Florida 2
National 2
Studio $1,135 $822 $737
1 bedroom $1,227 $891 $813
2 bedroom $1,422 $1,089 $1,015
3 bedroom $1,844 $1,448 $1,325
4 bedroom $2,215 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Kissimmee Demographics


Median Individual Income
$21,510 / year

Median Household Income
$40,826 / year

Families w/ Dual Incomes
47%

Unemployment Rate
5.4%
Household Income Distribution
Kissimmee, FL

Median Age
35 years

Avg Family Size
3.81 people
Age Distribution
Kissimmee, FL

College Education or Above
18%

STEM College Graduates
45%
Education Distribution
Kissimmee, FL
Source: U.S. Census Bureau

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