Loading...

Multifamily Loans in
Little Rock, AR

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Little Rock, AR

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Little Rock 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 3.17% - 3.42%
7 Year Fixed 3.34% - 3.79%
10 Year Fixed 3.32% - 3.72%
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 Little Rock 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 Little Rock, AR

All major multifamily lender types are lending in Little Rock.


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


Little Rock Market

The city of Little Rock in Pulaski County has a population of 197,312. The median rent in Pulaski County for a 2 bedroom is $898. The median Little Rock resident is 37 years old with a yearly income of $30,931. The average family has 3.14 members and a median household income of $51,485. Little Rock has a 42% higher education rate. The unemployment rate in Little Rock is 4.1%.


Population
197,312 people

County
Pulaski County

Renters

44.7% of Little Rock households are renters.


Rent Burden

29.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Pulaski County 1
Arkansas 2
National 2
Studio $742 $535 $737
1 bedroom $777 $574 $813
2 bedroom $898 $723 $1,015
3 bedroom $1,206 $954 $1,325
4 bedroom $1,416 $1,104 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Little Rock Demographics


Median Individual Income
$30,931 / year

Median Household Income
$51,485 / year

Families w/ Dual Incomes
49%

Unemployment Rate
4.1%
Household Income Distribution
Little Rock, AR

Median Age
37 years

Avg Family Size
3.14 people
Age Distribution
Little Rock, AR

College Education or Above
42%

STEM College Graduates
44%
Education Distribution
Little Rock, AR
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