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Multifamily Loans in
Easton, MA

Overview

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

Get multifamily loan quotes for Dec 21, 2024


Multifamily Loan Rates in Easton, MA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Easton 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%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/20/2024. This is not an offer or commitment to lend. Multifamily loan rates in Easton 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 21, 2024


Multifamily Lenders in Easton, MA

All major multifamily lender types are lending in Easton.


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 21, 2024


Easton Market

The city of Easton in Bristol County has a population of 24,621. The median rent in Bristol County for a 2 bedroom is $1,239. The median Easton resident is 41 years old with a yearly income of $43,244. The average family has 3.16 members and a median household income of $112,268. Easton has a 49% higher education rate. The unemployment rate in Easton is 4.5%.


Population
24,621 people

County
Bristol County

Renters

22.7% of Easton households are renters.


Rent Burden

33.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

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
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Easton Demographics


Median Individual Income
$43,244 / year

Median Household Income
$112,268 / year

Families w/ Dual Incomes
68%

Unemployment Rate
4.5%
Household Income Distribution
Easton, MA

Median Age
41 years

Avg Family Size
3.16 people
Age Distribution
Easton, MA

College Education or Above
49%

STEM College Graduates
44%
Education Distribution
Easton, MA
Source: U.S. Census Bureau

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