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Multifamily Loans in
New Braunfels, TX

Overview

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

Get multifamily loan quotes for Nov 29, 2021


Multifamily Loan Rates in New Braunfels, TX

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

All major multifamily lender types are lending in New Braunfels.


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


New Braunfels Market

The city of New Braunfels in Comal County has a population of 90,209. The median rent in Comal County for a 2 bedroom is $1,198. The median New Braunfels resident is 37 years old with a yearly income of $33,764. The average family has 3.25 members and a median household income of $71,044. New Braunfels has a 35% higher education rate. The unemployment rate in New Braunfels is 3.4%.


Population
90,209 people

County
Comal County

Renters

37.8% of New Braunfels households are renters.


Rent Burden

28.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Comal County 1
Texas 2
National 2
Studio $818 $669 $737
1 bedroom $981 $738 $813
2 bedroom $1,198 $912 $1,015
3 bedroom $1,556 $1,210 $1,325
4 bedroom $1,928 $1,407 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

New Braunfels Demographics


Median Individual Income
$33,764 / year

Median Household Income
$71,044 / year

Families w/ Dual Incomes
53%

Unemployment Rate
3.4%
Household Income Distribution
New Braunfels, TX

Median Age
37 years

Avg Family Size
3.25 people
Age Distribution
New Braunfels, TX

College Education or Above
35%

STEM College Graduates
40%
Education Distribution
New Braunfels, TX
Source: U.S. Census Bureau

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