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Multifamily Loans in
Valdosta, GA

Overview

Valdosta is located in what is considered a very small market for 5+ unit multifamily loans. Multifamily loans in Valdosta are considered greater risk due to market dynamics. Interest rates for multifamily loans in Valdosta are higher than the national average. Valdosta apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Valdosta.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Valdosta, GA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Valdosta 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 3.68% - 3.92%
7 Year Fixed 3.57% - 3.81%
10 Year Fixed 3.68% - 3.92%
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 3.13% - 3.38%
7 Year Fixed 3.29% - 3.74%
10 Year Fixed 3.35% - 3.75%
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 Valdosta 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 Valdosta, GA

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


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 04, 2021


Valdosta Market

The city of Valdosta in Lowndes County has a population of 56,457. The median rent in Lowndes County for a 2 bedroom is $826. The median Valdosta resident is 29 years old with a yearly income of $21,564. The average family has 3.4 members and a median household income of $32,595. Valdosta has a 26% higher education rate. The unemployment rate in Valdosta is 6.9%.


Population
56,457 people

County
Lowndes County

Renters

62.4% of Valdosta households are renters.


Rent Burden

38.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Lowndes County 1
Georgia 2
National 2
Studio $630 $670 $737
1 bedroom $634 $698 $813
2 bedroom $826 $840 $1,015
3 bedroom $1,165 $1,103 $1,325
4 bedroom $1,430 $1,302 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Valdosta Demographics


Median Individual Income
$21,564 / year

Median Household Income
$32,595 / year

Families w/ Dual Incomes
41%

Unemployment Rate
6.9%
Household Income Distribution
Valdosta, GA

Median Age
29 years

Avg Family Size
3.4 people
Age Distribution
Valdosta, GA

College Education or Above
26%

STEM College Graduates
40%
Education Distribution
Valdosta, GA
Source: U.S. Census Bureau

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