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Multifamily Loans in
Brookhaven, GA

Overview

Brookhaven is located in a good market for 5+ unit multifamily loans. Multifamily loans in Brookhaven are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Brookhaven are competitive. Brookhaven 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 Brookhaven.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Brookhaven, GA

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

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.32% - 3.56%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.47% - 3.71%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/03/2021. This is not an offer or commitment to lend. Multifamily loan rates in Brookhaven 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 Dec 04, 2021


Multifamily Lenders in Brookhaven, GA

All major multifamily lender types are lending in Brookhaven.


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 Dec 04, 2021


Brookhaven Market

The city of Brookhaven in DeKalb County has a population of 55,554. The median rent in DeKalb County for a 2 bedroom is $1,284. The median Brookhaven resident is 34 years old with a yearly income of $51,130. The average family has 3.15 members and a median household income of $92,604. Brookhaven has a 68% higher education rate. The unemployment rate in Brookhaven is 2.6%.


Population
55,554 people

County
DeKalb County

Renters

49% of Brookhaven households are renters.


Rent Burden

31.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
DeKalb County 1
Georgia 2
National 2
Studio $1,101 $670 $737
1 bedroom $1,126 $698 $813
2 bedroom $1,284 $840 $1,015
3 bedroom $1,615 $1,103 $1,325
4 bedroom $1,976 $1,302 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Brookhaven Demographics


Median Individual Income
$51,130 / year

Median Household Income
$92,604 / year

Families w/ Dual Incomes
67%

Unemployment Rate
2.6%
Household Income Distribution
Brookhaven, GA

Median Age
34 years

Avg Family Size
3.15 people
Age Distribution
Brookhaven, GA

College Education or Above
68%

STEM College Graduates
41%
Education Distribution
Brookhaven, GA
Source: U.S. Census Bureau

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