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Multifamily Loans in
Cudahy, CA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Cudahy, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Cudahy 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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.23% - 3.63%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/07/2021. This is not an offer or commitment to lend. Multifamily loan rates in Cudahy 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 08, 2021


Multifamily Lenders in Cudahy, CA

All major multifamily lender types are lending in Cudahy.


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 08, 2021


Cudahy Market

The city of Cudahy in Los Angeles County has a population of 23,569. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median Cudahy resident is 29 years old with a yearly income of $20,809. The average family has 4.32 members and a median household income of $46,642. Cudahy has a 7% higher education rate. The unemployment rate in Cudahy is 8.5%.


Population
23,569 people

County
Los Angeles County

Renters

86.4% of Cudahy households are renters.


Rent Burden

35.4% 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

Cudahy Demographics


Median Individual Income
$20,809 / year

Median Household Income
$46,642 / year

Families w/ Dual Incomes
58%

Unemployment Rate
8.5%
Household Income Distribution
Cudahy, CA

Median Age
29 years

Avg Family Size
4.32 people
Age Distribution
Cudahy, CA

College Education or Above
7%

STEM College Graduates
43%
Education Distribution
Cudahy, CA
Source: U.S. Census Bureau

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