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Multifamily Loans in
Lawrenceville, GA

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Lawrenceville, GA

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

All major multifamily lender types are lending in Lawrenceville.


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


Lawrenceville Market

The city of Lawrenceville in Gwinnett County has a population of 30,834. The median rent in Gwinnett County for a 2 bedroom is $1,284. The median Lawrenceville resident is 33 years old with a yearly income of $27,225. The average family has 3.44 members and a median household income of $52,585. Lawrenceville has a 23% higher education rate. The unemployment rate in Lawrenceville is 6.3%.


Population
30,834 people

County
Gwinnett County

Renters

51% of Lawrenceville households are renters.


Rent Burden

37.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Gwinnett 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

Lawrenceville Demographics


Median Individual Income
$27,225 / year

Median Household Income
$52,585 / year

Families w/ Dual Incomes
51%

Unemployment Rate
6.3%
Household Income Distribution
Lawrenceville, GA

Median Age
33 years

Avg Family Size
3.44 people
Age Distribution
Lawrenceville, GA

College Education or Above
23%

STEM College Graduates
45%
Education Distribution
Lawrenceville, GA
Source: U.S. Census Bureau

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