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Multifamily Loans in
Sachse, TX

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Sachse, TX

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Sachse 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 3.06% - 3.31%
7 Year Fixed 3.23% - 3.68%
10 Year Fixed 3.20% - 3.60%
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 Sachse 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 Sachse, TX

All major multifamily lender types are lending in Sachse.


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


Sachse Market

The city of Sachse in Dallas County has a population of 26,046. The median rent in Dallas County for a 2 bedroom is $1,473. The median Sachse resident is 37 years old with a yearly income of $44,259. The average family has 3.52 members and a median household income of $102,175. Sachse has a 34% higher education rate. The unemployment rate in Sachse is 4.4%.


Population
26,046 people

County
Dallas County

Renters

12.7% of Sachse households are renters.


Rent Burden

25.4% 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

Sachse Demographics


Median Individual Income
$44,259 / year

Median Household Income
$102,175 / year

Families w/ Dual Incomes
69%

Unemployment Rate
4.4%
Household Income Distribution
Sachse, TX

Median Age
37 years

Avg Family Size
3.52 people
Age Distribution
Sachse, TX

College Education or Above
34%

STEM College Graduates
47%
Education Distribution
Sachse, TX
Source: U.S. Census Bureau

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