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Multifamily Loans in
Braintree, MA

Overview

Braintree is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Braintree are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Braintree are some of the lowest nationally. Braintree 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 Braintree.

Get multifamily loan quotes for Nov 26, 2021


Multifamily Loan Rates in Braintree, MA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Braintree are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.54% - 4.24%
7 Year Fixed 3.48% - 4.18%
10 Year Fixed 3.59% - 4.29%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.14% - 3.84%
7 Year Fixed 3.08% - 3.78%
10 Year Fixed 3.19% - 3.89%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.19% - 3.44%
7 Year Fixed 3.43% - 3.88%
10 Year Fixed 3.39% - 3.79%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 11/25/2021. This is not an offer or commitment to lend. Multifamily loan rates in Braintree 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 26, 2021


Multifamily Lenders in Braintree, MA

All major multifamily lender types are lending in Braintree.


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 26, 2021


Braintree Market

The city of Braintree in Norfolk County has a population of 37,190. The median rent in Norfolk County for a 2 bedroom is $2,470. The median Braintree resident is 42 years old with a yearly income of $45,751. The average family has 3.27 members and a median household income of $96,522. Braintree has a 44% higher education rate. The unemployment rate in Braintree is 3.5%.


Population
37,190 people

County
Norfolk County

Renters

27% of Braintree households are renters.


Rent Burden

35.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Norfolk County 1
Massachusetts 2
National 2
Studio $1,842 $1,259 $737
1 bedroom $2,034 $1,399 $813
2 bedroom $2,470 $1,747 $1,015
3 bedroom $3,072 $2,190 $1,325
4 bedroom $3,349 $2,423 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Braintree Demographics


Median Individual Income
$45,751 / year

Median Household Income
$96,522 / year

Families w/ Dual Incomes
65%

Unemployment Rate
3.5%
Household Income Distribution
Braintree, MA

Median Age
42 years

Avg Family Size
3.27 people
Age Distribution
Braintree, MA

College Education or Above
44%

STEM College Graduates
43%
Education Distribution
Braintree, MA
Source: U.S. Census Bureau

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