Hutto is located in a good market for 5+ unit multifamily loans. Multifamily loans in Hutto are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Hutto are competitive. Hutto 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 Hutto.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Hutto 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 Hutto.
The city of Hutto in Williamson County has a population of 27,947. The median rent in Williamson County for a 2 bedroom is $1,549. The median Hutto resident is 34 years old with a yearly income of $36,336. The average family has 3.76 members and a median household income of $78,942. Hutto has a 26% higher education rate. The unemployment rate in Hutto is 6.2%.
16.3% of Hutto households are renters.
31.3% median household income spent on rent.
Bedrooms |
Williamson County 1 |
Texas 2 |
National 2 |
|---|---|---|---|
| Studio | $1,144 | $669 | $737 |
| 1 bedroom | $1,309 | $738 | $813 |
| 2 bedroom | $1,549 | $912 | $1,015 |
| 3 bedroom | $1,997 | $1,210 | $1,325 |
| 4 bedroom | $2,384 | $1,407 | $1,521 |
We're here to help.