Loading...

Multifamily Loans in
Adelanto, CA

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Adelanto, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Adelanto 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 3.37% - 3.61%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.52% - 3.76%
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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2021. This is not an offer or commitment to lend. Multifamily loan rates in Adelanto 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 03, 2021


Multifamily Lenders in Adelanto, CA

All major multifamily lender types are lending in Adelanto.


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 03, 2021


Adelanto Market

The city of Adelanto in San Bernardino County has a population of 34,049. The median rent in San Bernardino County for a 2 bedroom is $1,506. The median Adelanto resident is 28 years old with a yearly income of $20,590. The average family has 4.3 members and a median household income of $45,380. Adelanto has a 6% higher education rate. The unemployment rate in Adelanto is 12.9%.


Population
34,049 people

County
San Bernardino County

Renters

46.1% of Adelanto households are renters.


Rent Burden

35.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
San Bernardino County 1
California 2
National 2
Studio $1,035 $1,137 $737
1 bedroom $1,199 $1,291 $813
2 bedroom $1,506 $1,635 $1,015
3 bedroom $2,077 $2,254 $1,325
4 bedroom $2,567 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Adelanto Demographics


Median Individual Income
$20,590 / year

Median Household Income
$45,380 / year

Families w/ Dual Incomes
42%

Unemployment Rate
12.9%
Household Income Distribution
Adelanto, CA

Median Age
28 years

Avg Family Size
4.3 people
Age Distribution
Adelanto, CA

College Education or Above
6%

STEM College Graduates
45%
Education Distribution
Adelanto, CA
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day