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Multifamily Loans in
Greenwich, CT

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Greenwich, CT

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Greenwich 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 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 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 2.98% - 3.23%
7 Year Fixed 3.14% - 3.59%
10 Year Fixed 3.20% - 3.60%
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 Greenwich 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 Greenwich, CT

All major multifamily lender types are lending in Greenwich.


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


Greenwich Market

The city of Greenwich in Fairfield County has a population of 62,587. The median rent in Fairfield County for a 2 bedroom is $1,557. The median Greenwich resident is 43 years old with a yearly income of $54,068. The average family has 3.3 members and a median household income of $152,577. Greenwich has a 67% higher education rate. The unemployment rate in Greenwich is 4.7%.


Population
62,587 people

County
Fairfield County

Renters

34.1% of Greenwich households are renters.


Rent Burden

29.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Fairfield County 1
Connecticut 2
National 2
Studio $1,027 $974 $737
1 bedroom $1,245 $1,155 $813
2 bedroom $1,557 $1,442 $1,015
3 bedroom $1,983 $1,820 $1,325
4 bedroom $2,387 $2,144 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Greenwich Demographics


Median Individual Income
$54,068 / year

Median Household Income
$152,577 / year

Families w/ Dual Incomes
52%

Unemployment Rate
4.7%
Household Income Distribution
Greenwich, CT

Median Age
43 years

Avg Family Size
3.3 people
Age Distribution
Greenwich, CT

College Education or Above
67%

STEM College Graduates
45%
Education Distribution
Greenwich, CT
Source: U.S. Census Bureau

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