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Multifamily Loans in
Bell, CA

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Bell, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Bell 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 3.04% - 3.28%
7 Year Fixed 3.15% - 3.39%
10 Year Fixed 3.38% - 3.62%
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 3.06% - 3.31%
7 Year Fixed 3.23% - 3.68%
10 Year Fixed 3.20% - 3.60%
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 Bell 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 Bell, CA

All major multifamily lender types are lending in Bell.


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


Bell Market

The city of Bell in Los Angeles County has a population of 35,521. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median Bell resident is 31 years old with a yearly income of $21,009. The average family has 4.2 members and a median household income of $44,327. Bell has a 8% higher education rate. The unemployment rate in Bell is 7.4%.


Population
35,521 people

County
Los Angeles County

Renters

70.3% of Bell households are renters.


Rent Burden

37.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Los Angeles County 1
California 2
National 2
Studio $1,488 $1,137 $737
1 bedroom $1,746 $1,291 $813
2 bedroom $2,238 $1,635 $1,015
3 bedroom $2,974 $2,254 $1,325
4 bedroom $3,243 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Bell Demographics


Median Individual Income
$21,009 / year

Median Household Income
$44,327 / year

Families w/ Dual Incomes
55%

Unemployment Rate
7.4%
Household Income Distribution
Bell, CA

Median Age
31 years

Avg Family Size
4.2 people
Age Distribution
Bell, CA

College Education or Above
8%

STEM College Graduates
35%
Education Distribution
Bell, CA
Source: U.S. Census Bureau

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