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Multifamily Loans in
Georgetown, TX

Overview

Georgetown is located in a good market for 5+ unit multifamily loans. Multifamily loans in Georgetown are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Georgetown are competitive. Georgetown 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 Georgetown.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Georgetown, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Georgetown 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 3.37% - 3.61%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.47% - 3.71%
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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.25% - 3.65%
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 Georgetown 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 Georgetown, TX

All major multifamily lender types are lending in Georgetown.


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


Georgetown Market

The city of Georgetown in Williamson County has a population of 79,604. The median rent in Williamson County for a 2 bedroom is $1,549. The median Georgetown resident is 46 years old with a yearly income of $35,469. The average family has 3.12 members and a median household income of $73,822. Georgetown has a 42% higher education rate. The unemployment rate in Georgetown is 5.9%.


Population
79,604 people

County
Williamson County

Renters

27.8% of Georgetown households are renters.


Rent Burden

32.6% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Williamson County 1
Texas 2
National 2
Studio $1,144 $669 $737
1 bedroom $1,309 $738 $813
2 bedroom $1,549 $912 $1,015
3 bedroom $1,997 $1,210 $1,325
4 bedroom $2,384 $1,407 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Georgetown Demographics


Median Individual Income
$35,469 / year

Median Household Income
$73,822 / year

Families w/ Dual Incomes
41%

Unemployment Rate
5.9%
Household Income Distribution
Georgetown, TX

Median Age
46 years

Avg Family Size
3.12 people
Age Distribution
Georgetown, TX

College Education or Above
42%

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

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