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Multifamily Loans in
Duncanville, TX

Overview

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

Get multifamily loan quotes for Nov 29, 2021


Multifamily Loan Rates in Duncanville, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Duncanville 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 3.01% - 3.26%
7 Year Fixed 3.25% - 3.70%
10 Year Fixed 3.23% - 3.63%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 11/28/2021. This is not an offer or commitment to lend. Multifamily loan rates in Duncanville 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 Nov 29, 2021


Multifamily Lenders in Duncanville, TX

All major multifamily lender types are lending in Duncanville.


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 Nov 29, 2021


Duncanville Market

The city of Duncanville in Dallas County has a population of 38,751. The median rent in Dallas County for a 2 bedroom is $1,473. The median Duncanville resident is 37 years old with a yearly income of $30,580. The average family has 3.48 members and a median household income of $56,412. Duncanville has a 23% higher education rate. The unemployment rate in Duncanville is 8.0%.


Population
38,751 people

County
Dallas County

Renters

36.1% of Duncanville households are renters.


Rent Burden

34.7% 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

Duncanville Demographics


Median Individual Income
$30,580 / year

Median Household Income
$56,412 / year

Families w/ Dual Incomes
49%

Unemployment Rate
8.0%
Household Income Distribution
Duncanville, TX

Median Age
37 years

Avg Family Size
3.48 people
Age Distribution
Duncanville, TX

College Education or Above
23%

STEM College Graduates
39%
Education Distribution
Duncanville, TX
Source: U.S. Census Bureau

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