Muskego is located in a good market for 5+ unit multifamily loans. Multifamily loans in Muskego are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Muskego are competitive. Muskego 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 Muskego.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Muskego 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 Muskego.
The city of Muskego in Waukesha County has a population of 25,127. The median rent in Waukesha County for a 2 bedroom is $1,033. The median Muskego resident is 44 years old with a yearly income of $42,568. The average family has 3.08 members and a median household income of $95,242. Muskego has a 37% higher education rate. The unemployment rate in Muskego is 4.2%.
14.6% of Muskego households are renters.
27.3% median household income spent on rent.
Bedrooms |
Waukesha County 1 |
Wisconsin 2 |
National 2 |
|---|---|---|---|
| Studio | $704 | $595 | $737 |
| 1 bedroom | $853 | $668 | $813 |
| 2 bedroom | $1,033 | $856 | $1,015 |
| 3 bedroom | $1,319 | $1,127 | $1,325 |
| 4 bedroom | $1,446 | $1,256 | $1,521 |
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