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Multifamily Loans in
Hutto, TX

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Hutto, TX

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

All major multifamily lender types are lending in Hutto.


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


Hutto Market

The city of Hutto in Williamson County has a population of 27,947. The median rent in Williamson County for a 2 bedroom is $1,549. The median Hutto resident is 34 years old with a yearly income of $36,336. The average family has 3.76 members and a median household income of $78,942. Hutto has a 26% higher education rate. The unemployment rate in Hutto is 6.2%.


Population
27,947 people

County
Williamson County

Renters

16.3% of Hutto households are renters.


Rent Burden

31.3% 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

Hutto Demographics


Median Individual Income
$36,336 / year

Median Household Income
$78,942 / year

Families w/ Dual Incomes
69%

Unemployment Rate
6.2%
Household Income Distribution
Hutto, TX

Median Age
34 years

Avg Family Size
3.76 people
Age Distribution
Hutto, TX

College Education or Above
26%

STEM College Graduates
44%
Education Distribution
Hutto, TX
Source: U.S. Census Bureau

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