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Multifamily Loans in
Rogers, AR

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Rogers, AR

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Rogers 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 3.51% - 3.75%
7 Year Fixed 3.37% - 3.61%
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 3.22% - 3.47%
7 Year Fixed 3.39% - 3.84%
10 Year Fixed 3.37% - 3.77%
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 Rogers 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 Rogers, AR

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


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 08, 2021


Rogers Market

The city of Rogers in Benton County has a population of 68,669. The median rent in Benton County for a 2 bedroom is $833. The median Rogers resident is 33 years old with a yearly income of $31,243. The average family has 3.31 members and a median household income of $61,551. Rogers has a 31% higher education rate. The unemployment rate in Rogers is 2.4%.


Population
68,669 people

County
Benton County

Renters

42.3% of Rogers households are renters.


Rent Burden

25% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Benton County 1
Arkansas 2
National 2
Studio $618 $535 $737
1 bedroom $660 $574 $813
2 bedroom $833 $723 $1,015
3 bedroom $1,192 $954 $1,325
4 bedroom $1,442 $1,104 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Rogers Demographics


Median Individual Income
$31,243 / year

Median Household Income
$61,551 / year

Families w/ Dual Incomes
58%

Unemployment Rate
2.4%
Household Income Distribution
Rogers, AR

Median Age
33 years

Avg Family Size
3.31 people
Age Distribution
Rogers, AR

College Education or Above
31%

STEM College Graduates
36%
Education Distribution
Rogers, AR
Source: U.S. Census Bureau

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