Jasmine Estates is located in a good market for 5+ unit multifamily loans. Multifamily loans in Jasmine Estates are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Jasmine Estates are competitive. Jasmine Estates 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 Jasmine Estates.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Jasmine Estates are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 5.44% - 5.68% |
| 7 Year Fixed | 5.28% - 5.52% |
| 10 Year Fixed | 5.19% - 5.43% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Jasmine Estates.
The city of Jasmine Estates in Pasco County has a population of 21,865. The median rent in Pasco County for a 2 bedroom is $1,375. The median Jasmine Estates resident is 40 years old with a yearly income of $21,743. The average family has 3.14 members and a median household income of $37,268. Jasmine Estates has a 11% higher education rate. The unemployment rate in Jasmine Estates is 6.1%.
42% of Jasmine Estates households are renters.
36.3% median household income spent on rent.
Bedrooms |
Pasco County 1 |
Florida 2 |
National 2 |
|---|---|---|---|
| Studio | $1,070 | $822 | $737 |
| 1 bedroom | $1,125 | $891 | $813 |
| 2 bedroom | $1,375 | $1,089 | $1,015 |
| 3 bedroom | $1,786 | $1,448 | $1,325 |
| 4 bedroom | $2,194 | $1,716 | $1,521 |
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