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Multifamily Loans in
Graham, WA

Overview

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

Get multifamily loan quotes for Nov 23, 2024


Multifamily Loan Rates in Graham, WA

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

Fannie Mae®
$1M to $6M
5 Year Fixed 6.23% - 6.97%
7 Year Fixed 6.20% - 6.71%
10 Year Fixed 6.21% - 6.61%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 5.71% - 5.46%
7 Year Fixed 5.10% - 5.34%
10 Year Fixed 5.09% - 5.33%
Fannie Mae®
$6M to $100M
5 Year Fixed 6.03% - 6.77%
7 Year Fixed 6.00% - 6.51%
10 Year Fixed 6.01% - 6.41%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 5.55% - 5.70%
7 Year Fixed 5.56% - 5.71%
10 Year Fixed 5.56% - 5.71%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 11/22/2024. This is not an offer or commitment to lend. Multifamily loan rates in Graham 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 Nov 23, 2024


Multifamily Lenders in Graham, WA

All major multifamily lender types are lending in Graham.


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 Nov 23, 2024


Graham Market

The city of Graham in Pierce County has a population of 28,976. The median rent in Pierce County for a 2 bedroom is $1,572. The median Graham resident is 35 years old with a yearly income of $38,985. The average family has 3.43 members and a median household income of $86,943. Graham has a 18% higher education rate. The unemployment rate in Graham is 5.8%.


Population
28,976 people

County
Pierce County

Renters

15.2% of Graham households are renters.


Rent Burden

30.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Pierce County 1
Washington 2
National 2
Studio $1,088 $801 $737
1 bedroom $1,212 $904 $813
2 bedroom $1,572 $1,138 $1,015
3 bedroom $2,250 $1,591 $1,325
4 bedroom $2,722 $1,874 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Graham Demographics


Median Individual Income
$38,985 / year

Median Household Income
$86,943 / year

Families w/ Dual Incomes
58%

Unemployment Rate
5.8%
Household Income Distribution
Graham, WA

Median Age
35 years

Avg Family Size
3.43 people
Age Distribution
Graham, WA

College Education or Above
18%

STEM College Graduates
38%
Education Distribution
Graham, WA
Source: U.S. Census Bureau

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