Winter Garden is located in a good market for 5+ unit multifamily loans. Multifamily loans in Winter Garden are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Winter Garden are competitive. Winter Garden 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 Winter Garden.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Winter Garden 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 Winter Garden.
The city of Winter Garden in Orange County has a population of 46,051. The median rent in Orange County for a 2 bedroom is $1,422. The median Winter Garden resident is 39 years old with a yearly income of $33,265. The average family has 3.41 members and a median household income of $73,739. Winter Garden has a 40% higher education rate. The unemployment rate in Winter Garden is 3.5%.
28.6% of Winter Garden households are renters.
36.2% median household income spent on rent.
Bedrooms |
Orange County 1 |
Florida 2 |
National 2 |
|---|---|---|---|
| Studio | $1,135 | $822 | $737 |
| 1 bedroom | $1,227 | $891 | $813 |
| 2 bedroom | $1,422 | $1,089 | $1,015 |
| 3 bedroom | $1,844 | $1,448 | $1,325 |
| 4 bedroom | $2,215 | $1,716 | $1,521 |
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