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Multifamily Loans in
Bryan, TX

Overview

Bryan is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Bryan are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Bryan are slightly higher than the national average. Bryan apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Bryan.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Bryan, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Bryan are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $6M
5 Year Fixed 3.56% - 3.80%
7 Year Fixed 3.39% - 3.63%
10 Year Fixed 3.56% - 3.80%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$6M to $100M
5 Year Fixed 3.16% - 3.41%
7 Year Fixed 3.33% - 3.78%
10 Year Fixed 3.30% - 3.70%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2021. This is not an offer or commitment to lend. Multifamily loan rates in Bryan may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Lenders in Bryan, TX

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Bryan.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Moderate leverage
  • Tax returns not required
  • Non-recourse
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Dec 03, 2021


Bryan Market

The city of Bryan in Brazos County has a population of 86,276. The median rent in Brazos County for a 2 bedroom is $959. The median Bryan resident is 31 years old with a yearly income of $25,753. The average family has 3.31 members and a median household income of $45,771. Bryan has a 27% higher education rate. The unemployment rate in Bryan is 4.1%.


Population
86,276 people

County
Brazos County

Renters

51.6% of Bryan households are renters.


Rent Burden

34.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Brazos County 1
Texas 2
National 2
Studio $724 $669 $737
1 bedroom $817 $738 $813
2 bedroom $959 $912 $1,015
3 bedroom $1,372 $1,210 $1,325
4 bedroom $1,660 $1,407 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Bryan Demographics


Median Individual Income
$25,753 / year

Median Household Income
$45,771 / year

Families w/ Dual Incomes
49%

Unemployment Rate
4.1%
Household Income Distribution
Bryan, TX

Median Age
31 years

Avg Family Size
3.31 people
Age Distribution
Bryan, TX

College Education or Above
27%

STEM College Graduates
50%
Education Distribution
Bryan, TX
Source: U.S. Census Bureau

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