Cibolo is located in a good market for 5+ unit multifamily loans. Multifamily loans in Cibolo are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Cibolo are competitive. Cibolo 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 Cibolo.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Cibolo are:
Fannie Mae® |
$1M to $6M |
---|---|
5 Year Fixed | 6.56% - 7.30% |
7 Year Fixed | 6.46% - 6.97% |
10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
---|---|
5 Year Fixed | 5.49% - 5.73% |
7 Year Fixed | 5.28% - 5.52% |
10 Year Fixed | 5.19% - 5.43% |
Fannie Mae® |
$6M to $100M |
---|---|
5 Year Fixed | 6.36% - 7.10% |
7 Year Fixed | 6.26% - 6.77% |
10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
---|---|
5 Year Fixed | 5.60% - 5.75% |
7 Year Fixed | 5.61% - 5.76% |
10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Cibolo.
The city of Cibolo in Guadalupe County has a population of 31,281. The median rent in Guadalupe County for a 2 bedroom is $1,198. The median Cibolo resident is 34 years old with a yearly income of $44,284. The average family has 3.59 members and a median household income of $104,601. Cibolo has a 40% higher education rate. The unemployment rate in Cibolo is 4.1%.
17.7% of Cibolo households are renters.
23.2% median household income spent on rent.
Bedrooms |
Guadalupe 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 |
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