Wade Hampton is located in a good market for 5+ unit multifamily loans. Multifamily loans in Wade Hampton are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Wade Hampton are competitive. Wade Hampton 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 Wade Hampton.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Wade Hampton 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 Wade Hampton.
The city of Wade Hampton in Greenville County has a population of 20,906. The median rent in Greenville County for a 2 bedroom is $1,022. The median Wade Hampton resident is 43 years old with a yearly income of $30,629. The average family has 2.97 members and a median household income of $54,331. Wade Hampton has a 41% higher education rate. The unemployment rate in Wade Hampton is 4.6%.
37.1% of Wade Hampton households are renters.
25.8% median household income spent on rent.
Bedrooms |
Greenville County 1 |
South Carolina 2 |
National 2 |
|---|---|---|---|
| Studio | $793 | $697 | $737 |
| 1 bedroom | $897 | $732 | $813 |
| 2 bedroom | $1,022 | $879 | $1,015 |
| 3 bedroom | $1,361 | $1,158 | $1,325 |
| 4 bedroom | $1,647 | $1,369 | $1,521 |
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