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Multifamily Loans in
Tucker, GA

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Tucker, GA

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

All major multifamily lender types are lending in Tucker.


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


Tucker Market

The city of Tucker in DeKalb County has a population of 36,395. The median rent in DeKalb County for a 2 bedroom is $1,284. The median Tucker resident is 44 years old with a yearly income of $38,162. The average family has 3.13 members and a median household income of $70,522. Tucker has a 48% higher education rate. The unemployment rate in Tucker is 4.7%.


Population
36,395 people

County
DeKalb County

Renters

36.4% of Tucker households are renters.


Rent Burden

35.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
DeKalb 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

Tucker Demographics


Median Individual Income
$38,162 / year

Median Household Income
$70,522 / year

Families w/ Dual Incomes
55%

Unemployment Rate
4.7%
Household Income Distribution
Tucker, GA

Median Age
44 years

Avg Family Size
3.13 people
Age Distribution
Tucker, GA

College Education or Above
48%

STEM College Graduates
49%
Education Distribution
Tucker, GA
Source: U.S. Census Bureau

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