Haltom City is located in a good market for 5+ unit multifamily loans. Multifamily loans in Haltom City are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Haltom City are competitive. Haltom 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 Haltom City.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Haltom City 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 Haltom City.
The city of Haltom City in Tarrant County has a population of 43,874. The median rent in Tarrant County for a 2 bedroom is $1,333. The median Haltom City resident is 32 years old with a yearly income of $26,597. The average family has 3.77 members and a median household income of $52,709. Haltom City has a 12% higher education rate. The unemployment rate in Haltom City is 5.3%.
45.4% of Haltom City households are renters.
25.3% median household income spent on rent.
Bedrooms |
Tarrant County 1 |
Texas 2 |
National 2 |
|---|---|---|---|
| Studio | $967 | $669 | $737 |
| 1 bedroom | $1,096 | $738 | $813 |
| 2 bedroom | $1,333 | $912 | $1,015 |
| 3 bedroom | $1,783 | $1,210 | $1,325 |
| 4 bedroom | $2,229 | $1,407 | $1,521 |
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