Taylors is located in a good market for 5+ unit multifamily loans. Multifamily loans in Taylors are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Taylors are competitive. Taylors 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 Taylors.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Taylors are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.99% - 7.23% |
| 7 Year Fixed | 6.73% - 6.97% |
| 10 Year Fixed | 6.69% - 6.93% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in Taylors.
The city of Taylors in Greenville County has a population of 22,230. The median rent in Greenville County for a 2 bedroom is $1,022. The median Taylors resident is 39 years old with a yearly income of $31,598. The average family has 3.17 members and a median household income of $61,667. Taylors has a 32% higher education rate. The unemployment rate in Taylors is 5.2%.
26.7% of Taylors households are renters.
26.8% median household income spent on rent.
Bedrooms |
Greenville County 1 |
South Carolina 2 |
National 2 |
|---|---|---|---|
| Studio | $793 | $697 | $737 |
| 1 bedroom | $897 | $732 | $813 |
| 2 bedroom | $1,022 | $879 | $1,015 |
| 3 bedroom | $1,361 | $1,158 | $1,325 |
| 4 bedroom | $1,647 | $1,369 | $1,521 |
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