Dartmouth is located in a good market for 5+ unit multifamily loans. Multifamily loans in Dartmouth are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Dartmouth are competitive. Dartmouth 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 Dartmouth.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Dartmouth are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 5.44% - 5.68% |
| 7 Year Fixed | 5.23% - 5.47% |
| 10 Year Fixed | 5.14% - 5.38% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Dartmouth.
The city of Dartmouth in Bristol County has a population of 34,204. The median rent in Bristol County for a 2 bedroom is $1,239. The median Dartmouth resident is 41 years old with a yearly income of $28,430. The average family has 2.97 members and a median household income of $84,220. Dartmouth has a 35% higher education rate. The unemployment rate in Dartmouth is 4.8%.
21.4% of Dartmouth households are renters.
35.4% 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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