Jones Lang Lasalle Multifamily Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300JQALY53TH22D13

Tax ID: 26-3894079

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Mortgage Data

Review & Overview

Jones Lang Lasalle Multifamily is a large mortgage company specializing in Refi loans. Jones Lang Lasalle Multifamily has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Dallas, Denver, Houston, and New York among others. We have data for 92 markets. (Some data included below & more in-depth data is available with an active subscription.)

Jones Lang Lasalle Multifamily has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Cash-out Refi 6.27% 11/11/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Jones Lang Lasalle Multifamily Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Jones Lang Lasalle Multifamily. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

230

Origination Dollar Volume (All Markets)

$11,777,230,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 18 $1,063,700,000 $59,094,444 $0 4.80%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 19 $1,016,475,000 $53,498,684 $0 5.52%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $507,545,000 $56,393,889 $0 5.23%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $488,150,000 $48,815,000 $0 5.53%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 22 $395,720,000 $17,987,273 $0 5.71%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $393,525,000 $131,175,000 $0 5.70%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $362,125,000 $120,708,333 $0 6.12%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $359,090,000 $179,545,000 $0 5.97%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $359,090,000 $179,545,000 $0 5.97%
ITHACA, NY (FHA|USDA|VA) 2 $359,090,000 $179,545,000 $0 5.97%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $359,090,000 $179,545,000 $0 5.97%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $260,215,000 $52,043,000 $0 5.11%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 7 $240,295,000 $34,327,857 $0 4.97%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $236,985,000 $78,995,000 $0 5.92%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $231,675,000 $77,225,000 $0 5.62%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $187,710,000 $93,855,000 $0 5.63%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $186,455,000 $26,636,429 $0 5.70%
PANAMA CITY, FL (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
Corsicana, TX (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
AKRON, OH (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
OCALA, FL (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
UTICA-ROME, NY (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
BOISE CITY, ID (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
BOULDER, CO (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
MEDFORD, OR (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
ANN ARBOR, MI (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
Hays, KS (FHA|USDA|VA) 1 $179,545,000 $179,545,000 $0 5.97%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $141,500,000 $70,750,000 $0 5.01%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $117,690,000 $58,845,000 $0 5.11%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 7 $116,495,000 $16,642,143 $0 5.40%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $110,885,000 $15,840,714 $0 5.61%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $97,800,000 $24,450,000 $0 5.46%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $84,110,000 $21,027,500 $0 6.45%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $62,340,000 $31,170,000 $0 5.27%
PROVO-OREM, UT (FHA|USDA|VA) 1 $57,205,000 $57,205,000 $0 5.13%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $54,130,000 $13,532,500 $0 5.30%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $36,985,000 $12,328,333 $0 5.49%
KINGSTON, NY (FHA|USDA|VA) 1 $35,385,000 $35,385,000 $0 5.31%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $35,005,000 $35,005,000 $0 5.07%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $33,175,000 $33,175,000 $0 5.92%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $30,780,000 $15,390,000 $0 5.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $30,560,000 $15,280,000 $0 5.24%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $30,425,000 $30,425,000 $0 5.80%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $28,475,000 $28,475,000 $0 5.61%
CORVALLIS, OR (FHA|USDA|VA) 2 $28,210,000 $14,105,000 $0 6.33%
RAPID CITY, SD (FHA|USDA|VA) 1 $25,565,000 $25,565,000 $0 5.45%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $24,670,000 $12,335,000 $0 5.37%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $21,735,000 $21,735,000 $0 4.01%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $21,375,000 $21,375,000 $0 5.45%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $19,045,000 $19,045,000 $0 5.56%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $18,915,000 $18,915,000 $0 5.02%
BELLINGHAM, WA (FHA|USDA|VA) 3 $18,575,000 $6,191,667 $0 4.27%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $15,935,000 $15,935,000 $0 6.37%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $15,730,000 $7,865,000 $0 5.45%
Bozeman, MT (FHA|USDA|VA) 1 $15,005,000 $15,005,000 $0 5.06%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $13,355,000 $13,355,000 $0 5.55%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $13,145,000 $13,145,000 $0 6.41%
GAINESVILLE, GA (FHA|USDA|VA) 1 $13,075,000 $13,075,000 $0 6.77%
Marshall, MN (FHA|USDA|VA) 1 $11,285,000 $11,285,000 $0 4.95%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $10,555,000 $10,555,000 $0 5.92%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $10,220,000 $5,110,000 $0 6.71%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $9,865,000 $9,865,000 $0 4.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $9,585,000 $9,585,000 $0 5.06%
Torrington, CT (FHA|USDA|VA) 3 $9,585,000 $3,195,000 $0 4.35%
PITTSFIELD, MA (FHA|USDA|VA) 1 $8,505,000 $8,505,000 $0 5.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $8,475,000 $8,475,000 $0 5.31%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $8,275,000 $8,275,000 $0 6.37%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $7,535,000 $7,535,000 $0 4.61%
PITTSBURGH, PA (FHA|USDA|VA) 1 $6,765,000 $6,765,000 $0 5.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $6,565,000 $6,565,000 $0 5.33%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $6,555,000 $6,555,000 $0 6.10%
Centralia, WA (FHA|USDA|VA) 1 $6,165,000 $6,165,000 $0 5.64%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $6,015,000 $6,015,000 $0 5.44%
Alexandria, MN (FHA|USDA|VA) 1 $5,885,000 $5,885,000 $0 4.95%
LINCOLN, NE (FHA|USDA|VA) 1 $5,445,000 $5,445,000 $0 6.29%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $4,955,000 $4,955,000 $0 5.64%
Outside of Metro Areas 1 $4,845,000 $4,845,000 $0 5.35%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $4,505,000 $4,505,000 $0 7.46%
AMARILLO, TX (FHA|USDA|VA) 1 $4,305,000 $4,305,000 $0 5.79%
Athens, TX (FHA|USDA|VA) 1 $4,155,000 $4,155,000 $0 5.63%
DULUTH, MN-WI (FHA|USDA|VA) 1 $3,405,000 $3,405,000 $0 6.29%
Helena, MT (FHA|USDA|VA) 1 $3,195,000 $3,195,000 $0 5.22%
Laramie, WY (FHA|USDA|VA) 1 $2,525,000 $2,525,000 $0 5.42%
Wahpeton, ND-MN (FHA|USDA|VA) 1 $2,035,000 $2,035,000 $0 4.95%
Jones Lang Lasalle Multifamily's top markets include Los Angeles, Dallas, Denver, Houston, and New York among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 230 $11,777,230,000 $51,205,348 $0 5.50%

    For 2023, Jones Lang Lasalle Multifamily's most frequently originated type of loan was Conventional, with 230 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 82 $8,658,210,000 $105,587,927 $0 5.83%
    Cash Out Refi 72 $1,691,510,000 $23,493,194 $0 5.32%
    Home Purchase 67 $1,386,035,000 $20,687,090 $0 5.01%
    Home Improvement 9 $41,475,000 $4,608,333 $0 7.46%

    For 2023, Jones Lang Lasalle Multifamily's most frequently cited loan purpose was Refi, with 82 originations. The 2nd most popular reason was Cash Out Refi, with 72 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 106 $8,953,270,000 $84,464,811 $0 5.55%
    10 Year 69 $1,546,495,000 $22,412,971 $0 5.36%
    5 Year 53 $1,262,315,000 $23,817,264 $0 5.57%
    15 Year 1 $11,745,000 $11,745,000 $0 3.91%
    20 Year 1 $3,405,000 $3,405,000 $0 6.29%

    For 2023, Jones Lang Lasalle Multifamily's most frequently cited loan duration was Other, with 106 originations. The 2nd most popular length was 10 Year, with 69 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 167 $10,719,995,000 $64,191,587
    4-5% 33 $620,835,000 $18,813,182
    6-7% 13 $280,105,000 $21,546,538
    2.5-3% 7 $68,795,000 $9,827,857
    7-8% 7 $28,905,000 $4,129,286
    3-4% 2 $57,280,000 $28,640,000
    Over 8% 1 $1,315,000 $1,315,000

    During 2023, Jones Lang Lasalle Multifamily's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 167 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 229 $11,776,235,000 $51,424,607 $0 5.50%
    $600k-1MM 1 $995,000 $995,000 $0 4.32%

    2023 saw Jones Lang Lasalle Multifamily place emphasis on $1MM+ loans with 229 originations, totaling $11,776,235,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 230 $11,777,230,000 $51,205,348 $0 5.50%

    Approval Rates

    Total approvals of all applications
    99.62%

    Jones Lang Lasalle Multifamily has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    85.22%

    Jones Lang Lasalle Multifamily has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 230 $11,777,230,000 $51,205,348

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    230 $11,777,230,000 $51,205,348

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 15 $106,715,000 $7,114,333 $0 5.55%
    40-60% 69 $1,445,855,000 $20,954,420 $0 5.11%
    60-80% 77 $1,811,705,000 $23,528,636 $0 5.39%
    80-100% 2 $57,280,000 $28,640,000 $0 3.75%
    Over 100% 56 $8,307,840,000 $148,354,286 $0 5.91%
    Under 20% 11 $47,835,000 $4,348,636 $0 6.78%