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Multifamily Loans in
San Antonio, TX

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in San Antonio, TX

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

All major multifamily lender types are lending in San Antonio.


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


San Antonio Market

The city of San Antonio in Bexar County has a population of 1,547,250. The median rent in Bexar County for a 2 bedroom is $1,198. The median San Antonio resident is 34 years old with a yearly income of $26,586. The average family has 3.78 members and a median household income of $52,455. San Antonio has a 26% higher education rate. The unemployment rate in San Antonio is 5.5%.


Population
1,547,250 people

County
Bexar County

Renters

46.1% of San Antonio households are renters.


Rent Burden

31.6% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Bexar 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

San Antonio Demographics


Median Individual Income
$26,586 / year

Median Household Income
$52,455 / year

Families w/ Dual Incomes
51%

Unemployment Rate
5.5%
Household Income Distribution
San Antonio, TX

Median Age
34 years

Avg Family Size
3.78 people
Age Distribution
San Antonio, TX

College Education or Above
26%

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

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