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Multifamily Loans in
Universal City, TX

Overview

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

Get multifamily loan quotes for Nov 29, 2021


Multifamily Loan Rates in Universal City, TX

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

All major multifamily lender types are lending in Universal City.


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


Universal City Market

The city of Universal City in Bexar County has a population of 20,890. The median rent in Bexar County for a 2 bedroom is $1,198. The median Universal City resident is 36 years old with a yearly income of $30,846. The average family has 3.47 members and a median household income of $63,192. Universal City has a 30% higher education rate. The unemployment rate in Universal City is 4.5%.


Population
20,890 people

County
Bexar County

Renters

40.9% of Universal City households are renters.


Rent Burden

28% 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

Universal City Demographics


Median Individual Income
$30,846 / year

Median Household Income
$63,192 / year

Families w/ Dual Incomes
42%

Unemployment Rate
4.5%
Household Income Distribution
Universal City, TX

Median Age
36 years

Avg Family Size
3.47 people
Age Distribution
Universal City, TX

College Education or Above
30%

STEM College Graduates
34%
Education Distribution
Universal City, TX
Source: U.S. Census Bureau

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