Bixby is located in a good market for 5+ unit multifamily loans. Multifamily loans in Bixby are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Bixby are competitive. Bixby 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 Bixby.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Bixby 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 | 5.91% - 6.92% |
| 7 Year Fixed | 5.82% - 7.04% |
| 10 Year Fixed | 5.84% - 7.08% |
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 | 5.93% - 6.08% |
| 7 Year Fixed | 5.99% - 6.14% |
| 10 Year Fixed | 5.99% - 6.14% |
All major multifamily lender types are lending in Bixby.
The city of Bixby in Tulsa County has a population of 27,944. The median rent in Tulsa County for a 2 bedroom is $951. The median Bixby resident is 36 years old with a yearly income of $39,454. The average family has 3.25 members and a median household income of $83,119. Bixby has a 45% higher education rate. The unemployment rate in Bixby is 2.9%.
23% of Bixby households are renters.
25.7% median household income spent on rent.
Bedrooms |
Tulsa County 1 |
Oklahoma 2 |
National 2 |
|---|---|---|---|
| Studio | $644 | $589 | $737 |
| 1 bedroom | $740 | $623 | $813 |
| 2 bedroom | $951 | $790 | $1,015 |
| 3 bedroom | $1,260 | $1,041 | $1,325 |
| 4 bedroom | $1,466 | $1,191 | $1,521 |
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