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Multifamily Loans in
Oakleaf Plantation, FL

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Oakleaf Plantation, FL

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

All major multifamily lender types are lending in Oakleaf Plantation.


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


Oakleaf Plantation Market

The city of Oakleaf Plantation in Clay County has a population of 28,237. The median rent in Clay County for a 2 bedroom is $1,195. The median Oakleaf Plantation resident is 35 years old with a yearly income of $36,688. The average family has 3.6 members and a median household income of $87,485. Oakleaf Plantation has a 33% higher education rate. The unemployment rate in Oakleaf Plantation is 5.7%.


Population
28,237 people

County
Clay County

Renters

18% of Oakleaf Plantation households are renters.


Rent Burden

25.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Clay County 1
Florida 2
National 2
Studio $801 $822 $737
1 bedroom $989 $891 $813
2 bedroom $1,195 $1,089 $1,015
3 bedroom $1,562 $1,448 $1,325
4 bedroom $1,989 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Oakleaf Plantation Demographics


Median Individual Income
$36,688 / year

Median Household Income
$87,485 / year

Families w/ Dual Incomes
67%

Unemployment Rate
5.7%
Household Income Distribution
Oakleaf Plantation, FL

Median Age
35 years

Avg Family Size
3.6 people
Age Distribution
Oakleaf Plantation, FL

College Education or Above
33%

STEM College Graduates
44%
Education Distribution
Oakleaf Plantation, FL
Source: U.S. Census Bureau

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