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Multifamily Loans in
Buena Park, CA

Overview

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

Get multifamily loan quotes for Jan 29, 2022


Multifamily Loan Rates in Buena Park, CA

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

Fannie Mae®
$1M to $6M
5 Year Fixed 3.54% - 4.19%
7 Year Fixed 3.42% - 4.00%
10 Year Fixed 3.46% - 3.95%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.16% - 3.26%
7 Year Fixed 3.10% - 3.34%
10 Year Fixed 3.49% - 3.73%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.24% - 3.74%
7 Year Fixed 3.12% - 3.70%
10 Year Fixed 3.16% - 3.65%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.46% - 3.96%
7 Year Fixed 3.59% - 4.29%
10 Year Fixed 3.53% - 4.18%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 01/28/2022. This is not an offer or commitment to lend. Multifamily loan rates in Buena Park 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 Jan 29, 2022


Multifamily Lenders in Buena Park, CA

All major multifamily lender types are lending in Buena Park.


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 Jan 29, 2022


Buena Park Market

The city of Buena Park in Orange County has a population of 81,788. The median rent in Orange County for a 2 bedroom is $2,507. The median Buena Park resident is 37 years old with a yearly income of $30,403. The average family has 3.71 members and a median household income of $78,932. Buena Park has a 31% higher education rate. The unemployment rate in Buena Park is 5.2%.


Population
81,788 people

County
Orange County

Renters

42.6% of Buena Park households are renters.


Rent Burden

36.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Orange County 1
California 2
National 2
Studio $1,805 $1,137 $737
1 bedroom $2,031 $1,291 $813
2 bedroom $2,507 $1,635 $1,015
3 bedroom $3,470 $2,254 $1,325
4 bedroom $3,997 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Buena Park Demographics


Median Individual Income
$30,403 / year

Median Household Income
$78,932 / year

Families w/ Dual Incomes
62%

Unemployment Rate
5.2%
Household Income Distribution
Buena Park, CA

Median Age
37 years

Avg Family Size
3.71 people
Age Distribution
Buena Park, CA

College Education or Above
31%

STEM College Graduates
46%
Education Distribution
Buena Park, CA
Source: U.S. Census Bureau

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