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Multifamily Loans in
Dana Point, CA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Dana Point, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Dana Point 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 Dana Point 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 Dana Point, CA

All major multifamily lender types are lending in Dana Point.


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


Dana Point Market

The city of Dana Point in Orange County has a population of 33,577. The median rent in Orange County for a 2 bedroom is $2,507. The median Dana Point resident is 51 years old with a yearly income of $48,956. The average family has 2.86 members and a median household income of $99,409. Dana Point has a 51% higher education rate. The unemployment rate in Dana Point is 3.9%.


Population
33,577 people

County
Orange County

Renters

36.2% of Dana Point households are renters.


Rent Burden

33.7% 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

Dana Point Demographics


Median Individual Income
$48,956 / year

Median Household Income
$99,409 / year

Families w/ Dual Incomes
51%

Unemployment Rate
3.9%
Household Income Distribution
Dana Point, CA

Median Age
51 years

Avg Family Size
2.86 people
Age Distribution
Dana Point, CA

College Education or Above
51%

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

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