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Multifamily Loans in
Cedar Hill, TX

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Cedar Hill, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Cedar Hill 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 Cedar Hill 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 Cedar Hill, TX

All major multifamily lender types are lending in Cedar Hill.


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


Cedar Hill Market

The city of Cedar Hill in Dallas County has a population of 47,930. The median rent in Dallas County for a 2 bedroom is $1,473. The median Cedar Hill resident is 34 years old with a yearly income of $35,066. The average family has 3.7 members and a median household income of $72,463. Cedar Hill has a 30% higher education rate. The unemployment rate in Cedar Hill is 5.7%.


Population
47,930 people

County
Dallas County

Renters

30.1% of Cedar Hill households are renters.


Rent Burden

32.2% 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

Cedar Hill Demographics


Median Individual Income
$35,066 / year

Median Household Income
$72,463 / year

Families w/ Dual Incomes
61%

Unemployment Rate
5.7%
Household Income Distribution
Cedar Hill, TX

Median Age
34 years

Avg Family Size
3.7 people
Age Distribution
Cedar Hill, TX

College Education or Above
30%

STEM College Graduates
38%
Education Distribution
Cedar Hill, TX
Source: U.S. Census Bureau

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