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Multifamily Loans in
Ozark, MO

Overview

Ozark is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Ozark are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Ozark are slightly higher than the national average. Ozark 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 Ozark.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Ozark, MO

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

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


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


Ozark Market

The city of Ozark in Christian County has a population of 20,482. The median rent in Christian County for a 2 bedroom is $807. The median Ozark resident is 32 years old with a yearly income of $29,485. The average family has 3.25 members and a median household income of $55,774. Ozark has a 34% higher education rate. The unemployment rate in Ozark is 4.0%.


Population
20,482 people

County
Christian County

Renters

36.7% of Ozark households are renters.


Rent Burden

29.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Christian County 1
Missouri 2
National 2
Studio $627 $535 $737
1 bedroom $631 $594 $813
2 bedroom $807 $761 $1,015
3 bedroom $1,155 $1,010 $1,325
4 bedroom $1,317 $1,155 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Ozark Demographics


Median Individual Income
$29,485 / year

Median Household Income
$55,774 / year

Families w/ Dual Incomes
59%

Unemployment Rate
4.0%
Household Income Distribution
Ozark, MO

Median Age
32 years

Avg Family Size
3.25 people
Age Distribution
Ozark, MO

College Education or Above
34%

STEM College Graduates
36%
Education Distribution
Ozark, MO
Source: U.S. Census Bureau

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