Jeffersontown is located in a good market for 5+ unit multifamily loans. Multifamily loans in Jeffersontown are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Jeffersontown are competitive. Jeffersontown 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 Jeffersontown.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Jeffersontown 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 | 5.49% - 5.73% |
| 7 Year Fixed | 5.25% - 5.49% |
| 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 Jeffersontown.
The city of Jeffersontown in Jefferson County has a population of 27,715. The median rent in Jefferson County for a 2 bedroom is $979. The median Jeffersontown resident is 39 years old with a yearly income of $36,521. The average family has 3.11 members and a median household income of $68,803. Jeffersontown has a 38% higher education rate. The unemployment rate in Jeffersontown is 3.8%.
30.6% of Jeffersontown households are renters.
23.7% median household income spent on rent.
Bedrooms |
Jefferson County 1 |
Kentucky 2 |
National 2 |
|---|---|---|---|
| Studio | $692 | $548 | $737 |
| 1 bedroom | $810 | $605 | $813 |
| 2 bedroom | $979 | $763 | $1,015 |
| 3 bedroom | $1,311 | $1,011 | $1,325 |
| 4 bedroom | $1,502 | $1,144 | $1,521 |
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