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Multifamily Loans in
Shreveport, LA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Shreveport, LA

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

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


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


Shreveport Market

The city of Shreveport in Caddo Parish has a population of 187,112. The median rent in Caddo Parish for a 2 bedroom is $913. The median Shreveport resident is 36 years old with a yearly income of $22,328. The average family has 3.3 members and a median household income of $39,090. Shreveport has a 25% higher education rate. The unemployment rate in Shreveport is 6.8%.


Population
187,112 people

County
Caddo Parish

Renters

47.3% of Shreveport households are renters.


Rent Burden

39.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Caddo Parish 1
Louisiana 2
National 2
Studio $647 $665 $737
1 bedroom $773 $729 $813
2 bedroom $913 $888 $1,015
3 bedroom $1,136 $1,160 $1,325
4 bedroom $1,304 $1,326 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Shreveport Demographics


Median Individual Income
$22,328 / year

Median Household Income
$39,090 / year

Families w/ Dual Incomes
42%

Unemployment Rate
6.8%
Household Income Distribution
Shreveport, LA

Median Age
36 years

Avg Family Size
3.3 people
Age Distribution
Shreveport, LA

College Education or Above
25%

STEM College Graduates
42%
Education Distribution
Shreveport, LA
Source: U.S. Census Bureau

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