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Multifamily Loans in
Carrollton, TX

Overview

Carrollton is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Carrollton are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Carrollton are some of the lowest nationally. Carrollton 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 Carrollton.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Carrollton, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Carrollton 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 $7.5M
5 Year Fixed 2.99% - 3.23%
7 Year Fixed 3.18% - 3.42%
10 Year Fixed 3.38% - 3.62%
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®
$7.5M to $100M
5 Year Fixed 3.06% - 3.31%
7 Year Fixed 3.23% - 3.68%
10 Year Fixed 3.20% - 3.60%
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 Carrollton 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 Carrollton, TX

All major multifamily lender types are lending in Carrollton.


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

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 03, 2021


Carrollton Market

The city of Carrollton in Dallas County has a population of 139,248. The median rent in Dallas County for a 2 bedroom is $1,473. The median Carrollton resident is 37 years old with a yearly income of $38,279. The average family has 3.39 members and a median household income of $78,306. Carrollton has a 39% higher education rate. The unemployment rate in Carrollton is 3.5%.


Population
139,248 people

County
Dallas County

Renters

40.7% of Carrollton households are renters.


Rent Burden

27.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Dallas County 1
Texas 2
National 2
Studio $1,121 $669 $737
1 bedroom $1,235 $738 $813
2 bedroom $1,473 $912 $1,015
3 bedroom $1,902 $1,210 $1,325
4 bedroom $2,516 $1,407 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Carrollton Demographics


Median Individual Income
$38,279 / year

Median Household Income
$78,306 / year

Families w/ Dual Incomes
64%

Unemployment Rate
3.5%
Household Income Distribution
Carrollton, TX

Median Age
37 years

Avg Family Size
3.39 people
Age Distribution
Carrollton, TX

College Education or Above
39%

STEM College Graduates
43%
Education Distribution
Carrollton, TX
Source: U.S. Census Bureau

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