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Multifamily Loans in
Leander, TX

Overview

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

Get multifamily loan quotes for Nov 29, 2021


Multifamily Loan Rates in Leander, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Leander 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 3.06% - 3.31%
7 Year Fixed 3.30% - 3.75%
10 Year Fixed 3.28% - 3.68%
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 Leander 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 Leander, TX

All major multifamily lender types are lending in Leander.


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


Leander Market

The city of Leander in Williamson County has a population of 62,608. The median rent in Williamson County for a 2 bedroom is $1,549. The median Leander resident is 34 years old with a yearly income of $44,729. The average family has 3.74 members and a median household income of $101,872. Leander has a 41% higher education rate. The unemployment rate in Leander is 3.1%.


Population
62,608 people

County
Williamson County

Renters

21.8% of Leander households are renters.


Rent Burden

33.4% 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

Leander Demographics


Median Individual Income
$44,729 / year

Median Household Income
$101,872 / year

Families w/ Dual Incomes
66%

Unemployment Rate
3.1%
Household Income Distribution
Leander, TX

Median Age
34 years

Avg Family Size
3.74 people
Age Distribution
Leander, TX

College Education or Above
41%

STEM College Graduates
45%
Education Distribution
Leander, TX
Source: U.S. Census Bureau

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