Loading...

Multifamily Loans in
The Woodlands, TX

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in The Woodlands, TX

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

All major multifamily lender types are lending in The Woodlands.


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


The Woodlands Market

The city of The Woodlands in Montgomery County has a population of 113,819. The median rent in Montgomery County for a 2 bedroom is $1,306. The median The Woodlands resident is 40 years old with a yearly income of $53,938. The average family has 3.23 members and a median household income of $122,634. The Woodlands has a 64% higher education rate. The unemployment rate in The Woodlands is 3.5%.


Population
113,819 people

County
Montgomery County

Renters

29.4% of The Woodlands households are renters.


Rent Burden

25.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Montgomery County 1
Texas 2
National 2
Studio $1,008 $669 $737
1 bedroom $1,092 $738 $813
2 bedroom $1,306 $912 $1,015
3 bedroom $1,751 $1,210 $1,325
4 bedroom $2,232 $1,407 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

The Woodlands Demographics


Median Individual Income
$53,938 / year

Median Household Income
$122,634 / year

Families w/ Dual Incomes
50%

Unemployment Rate
3.5%
Household Income Distribution
The Woodlands, TX

Median Age
40 years

Avg Family Size
3.23 people
Age Distribution
The Woodlands, TX

College Education or Above
64%

STEM College Graduates
50%
Education Distribution
The Woodlands, TX
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day