Multifamily Loans in Houston, Texas

Known for its vibrant culture and diverse population, Houston, Texas, is a city that thrives on multifamily housing. With a population of over 2.3 million people, the demand for multifamily properties is high, making it an ideal location for real estate investment. At our company, we offer a wide range of financing services tailored to meet the unique needs of multifamily property investors in Houston. Whether you're looking to finance a duplex, triplex, or larger apartment complex, we have the expertise and resources to help you succeed.

What's more, Houston's multifamily housing market is as diverse as its population. From luxury high-rises in the heart of downtown to affordable apartments in the suburbs, there's a property type for every investor. Our multifamily financing services in Houston are designed to cater to this diversity, offering flexible loan terms and competitive rates that can help you maximize your investment returns.

Economy in Review

As the fourth largest city in the United States, Houston boasts a robust and diverse economy. According to the Bureau of Labor Statistics, the city's largest employment sectors include trade, transportation, and utilities, followed closely by professional and business services. This economic diversity provides a stable job market, attracting a steady stream of new residents and fueling demand for multifamily housing.

Furthermore, Houston is home to numerous higher education institutions and a thriving healthcare sector. The U.S. Census Bureau data shows a significant demographic shift towards the city, with many people moving to Houston for its educational opportunities and high-quality healthcare services. This influx of students, healthcare professionals, and patients further drives the demand for multifamily housing, making Houston a prime location for real estate investment.

Our Experts

When it comes to getting a multifamily loan, the sheer number of choices can be daunting. What this really means, however, is that there are incredible opportunities for apartment complex investors regardless of location, property size, or experience level.

Multifamily Loans connects borrowers with lenders across the country who are prepared to offer you highly competitive terms. Whether you're buying, developing, or renovating an apartment building, shopping your loan to multiple lenders — not just the bank or credit union down the street — gives you a huge advantage.

Our experienced team of capital markets advisors will source the very best terms from our unparalleled network of lenders to ensure your property gets the best financing terms available. We offer this service completely free of charge.

Looking for more information about Houston? Read on below. Otherwise, click the button below, and we'll get right back to you with your free multifamily loan quote.

Today's Interest Rates in Houston

Find today's rates in the table below. Please note that these are benchmark index rates only — every loan product will have a rate that varies depending on the property, the location, the borrower's financial strength and experience, and several other factors.

Current Multifamily Loans in Houston

There are a wide range of multifamily financing options in Houston. Keep reading to learn which loan types could be the most suitable for your property.

1. Bank and Credit Union Loans

Loans from banks and credit unions are a diverse bunch. Every institution typically has different preferences when it comes to location, property size, and risk. While it's difficult to give detailed general information about what to expect from a local, regional, or national bank or credit union, loans often require some kind of recourse and (usually) a larger down payment compared to agency loans.

2. Fannie Mae Multifamily Loans

Fannie Mae Multifamily loans offers loans in Houston in various sizes. These financing options offer competitive floating and fixed rates for a variety of uses. See below for the latest rates and terms. Note that the Fannie Small loan is particularly competitive for amounts under $9 million.

3. Freddie Mac Multifamily Loans

Like Fannie Mae, Freddie Mac also offers a wide range of multifamily loans. The GSE's most popular loan for smaller investors, the Freddie Mac Small Balance Loan, is a great option for those seeking non-recourse financing for amounts of under $7.5 million, and there are many other Freddie loans that cover everything from student housing to mobile home parks.

4. HUD Multifamily Loans

While you might associate HUD with affordable and Section 8 housing projects, the U.S. Department of Housing and Urban Development backs several loans in Houston with incredibly strong terms — and they work wonders for market-rate properties.

Take the HUD 221(d)(4) loan, for example. This construction financing is hard to beat, thanks to fully amortizing terms of 40+ years, a low, fixed rate, and high leverage allowances.

HUD's 223(f) loan is equally impressive: a great acquisition or refinancing option that offers a fixed rate, full amortization, and leverage of up to 83.3% for market-rate (and higher for affordable) properties.

5. Bridge Loans

If you're after short-term financing for a multifamily property, a bridge loan could be a great option. These loans do come at a higher cost compared to many others, but the flexibility can make it more than worth it — particularly if your property is still stabilizing.

6. CMBS Loans

Commercial mortgage-backed security loans are asset focused. That means that getting approved for one comes down to the strength of the property, not the borrower. Multifamily CMBS loans often offer leverage up to 75% for eligible properties, and the loans also are non-recourse and (often) are tied to a fixed interest rate.

If you are interested in applying for a multifamily loan in Houston? Put your details in the form below, and we’ll match you with the best lender for your investment strategy.