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Multifamily Loans in
Sandy Springs, GA

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Sandy Springs, GA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Sandy Springs 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 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
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 Sandy Springs 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 Sandy Springs, GA

All major multifamily lender types are lending in Sandy Springs.


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 04, 2021


Sandy Springs Market

The city of Sandy Springs in Fulton County has a population of 109,452. The median rent in Fulton County for a 2 bedroom is $1,284. The median Sandy Springs resident is 37 years old with a yearly income of $47,642. The average family has 3.05 members and a median household income of $78,613. Sandy Springs has a 65% higher education rate. The unemployment rate in Sandy Springs is 3.0%.


Population
109,452 people

County
Fulton County

Renters

52.1% of Sandy Springs households are renters.


Rent Burden

27% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Fulton County 1
Georgia 2
National 2
Studio $1,101 $670 $737
1 bedroom $1,126 $698 $813
2 bedroom $1,284 $840 $1,015
3 bedroom $1,615 $1,103 $1,325
4 bedroom $1,976 $1,302 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Sandy Springs Demographics


Median Individual Income
$47,642 / year

Median Household Income
$78,613 / year

Families w/ Dual Incomes
56%

Unemployment Rate
3.0%
Household Income Distribution
Sandy Springs, GA

Median Age
37 years

Avg Family Size
3.05 people
Age Distribution
Sandy Springs, GA

College Education or Above
65%

STEM College Graduates
44%
Education Distribution
Sandy Springs, GA
Source: U.S. Census Bureau

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