Loading...

Multifamily Loans in
Lincoln, NE

Overview

Lincoln is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Lincoln are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Lincoln are slightly higher than the national average. Lincoln apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Lincoln.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Lincoln, NE

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Lincoln 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 $6M
5 Year Fixed 3.56% - 3.80%
7 Year Fixed 3.39% - 3.63%
10 Year Fixed 3.51% - 3.75%
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®
$6M to $100M
5 Year Fixed 3.08% - 3.33%
7 Year Fixed 3.24% - 3.69%
10 Year Fixed 3.30% - 3.70%
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 Lincoln 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 Lincoln, NE

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Lincoln.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Moderate leverage
  • Tax returns not required
  • Non-recourse
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Dec 04, 2021


Lincoln Market

The city of Lincoln in Lancaster County has a population of 289,102. The median rent in Lancaster County for a 2 bedroom is $940. The median Lincoln resident is 33 years old with a yearly income of $30,695. The average family has 3.04 members and a median household income of $57,746. Lincoln has a 40% higher education rate. The unemployment rate in Lincoln is 3.4%.


Population
289,102 people

County
Lancaster County

Renters

43% of Lincoln households are renters.


Rent Burden

28.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Lancaster County 1
Nebraska 2
National 2
Studio $664 $526 $737
1 bedroom $724 $616 $813
2 bedroom $940 $786 $1,015
3 bedroom $1,307 $1,024 $1,325
4 bedroom $1,575 $1,140 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Lincoln Demographics


Median Individual Income
$30,695 / year

Median Household Income
$57,746 / year

Families w/ Dual Incomes
62%

Unemployment Rate
3.4%
Household Income Distribution
Lincoln, NE

Median Age
33 years

Avg Family Size
3.04 people
Age Distribution
Lincoln, NE

College Education or Above
40%

STEM College Graduates
39%
Education Distribution
Lincoln, NE
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