Loading...

Multifamily Loans in
Winter Springs, FL

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Winter Springs, FL

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Winter 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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2021. This is not an offer or commitment to lend. Multifamily loan rates in Winter 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 03, 2021


Multifamily Lenders in Winter Springs, FL

All major multifamily lender types are lending in Winter 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 03, 2021


Winter Springs Market

The city of Winter Springs in Seminole County has a population of 37,312. The median rent in Seminole County for a 2 bedroom is $1,422. The median Winter Springs resident is 44 years old with a yearly income of $37,797. The average family has 3.03 members and a median household income of $71,898. Winter Springs has a 45% higher education rate. The unemployment rate in Winter Springs is 4.3%.


Population
37,312 people

County
Seminole County

Renters

22.6% of Winter Springs households are renters.


Rent Burden

25.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Seminole County 1
Florida 2
National 2
Studio $1,135 $822 $737
1 bedroom $1,227 $891 $813
2 bedroom $1,422 $1,089 $1,015
3 bedroom $1,844 $1,448 $1,325
4 bedroom $2,215 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Winter Springs Demographics


Median Individual Income
$37,797 / year

Median Household Income
$71,898 / year

Families w/ Dual Incomes
53%

Unemployment Rate
4.3%
Household Income Distribution
Winter Springs, FL

Median Age
44 years

Avg Family Size
3.03 people
Age Distribution
Winter Springs, FL

College Education or Above
45%

STEM College Graduates
43%
Education Distribution
Winter Springs, FL
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day