North Attleborough is located in a good market for 5+ unit multifamily loans. Multifamily loans in North Attleborough are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in North Attleborough are competitive. North Attleborough 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 North Attleborough.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in North Attleborough are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.99% - 7.23% |
| 7 Year Fixed | 6.68% - 6.92% |
| 10 Year Fixed | 6.64% - 6.88% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in North Attleborough.
The city of North Attleborough in Bristol County has a population of 29,180. The median rent in Bristol County for a 2 bedroom is $1,239. The median North Attleborough resident is 40 years old with a yearly income of $42,069. The average family has 3.24 members and a median household income of $92,886. North Attleborough has a 42% higher education rate. The unemployment rate in North Attleborough is 3.4%.
32.8% of North Attleborough households are renters.
28.9% median household income spent on rent.
Bedrooms |
Bristol County 1 |
Massachusetts 2 |
National 2 |
|---|---|---|---|
| Studio | $915 | $1,259 | $737 |
| 1 bedroom | $1,030 | $1,399 | $813 |
| 2 bedroom | $1,239 | $1,747 | $1,015 |
| 3 bedroom | $1,541 | $2,190 | $1,325 |
| 4 bedroom | $1,850 | $2,423 | $1,521 |
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