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Multifamily Loans in
Woodstock, GA

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Woodstock, GA

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

All major multifamily lender types are lending in Woodstock.


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


Woodstock Market

The city of Woodstock in Cherokee County has a population of 33,039. The median rent in Cherokee County for a 2 bedroom is $1,284. The median Woodstock resident is 38 years old with a yearly income of $42,147. The average family has 3.04 members and a median household income of $76,191. Woodstock has a 46% higher education rate. The unemployment rate in Woodstock is 2.9%.


Population
33,039 people

County
Cherokee County

Renters

35.5% of Woodstock households are renters.


Rent Burden

28.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Cherokee 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

Woodstock Demographics


Median Individual Income
$42,147 / year

Median Household Income
$76,191 / year

Families w/ Dual Incomes
65%

Unemployment Rate
2.9%
Household Income Distribution
Woodstock, GA

Median Age
38 years

Avg Family Size
3.04 people
Age Distribution
Woodstock, GA

College Education or Above
46%

STEM College Graduates
36%
Education Distribution
Woodstock, GA
Source: U.S. Census Bureau

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