Loading...

Multifamily Loans in
Diamond Bar, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Diamond Bar, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Diamond Bar 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 2.98% - 3.23%
7 Year Fixed 3.14% - 3.59%
10 Year Fixed 3.20% - 3.60%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/05/2021. This is not an offer or commitment to lend. Multifamily loan rates in Diamond Bar 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 06, 2021


Multifamily Lenders in Diamond Bar, CA

All major multifamily lender types are lending in Diamond Bar.


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 06, 2021


Diamond Bar Market

The city of Diamond Bar in Los Angeles County has a population of 55,720. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median Diamond Bar resident is 43 years old with a yearly income of $39,921. The average family has 3.47 members and a median household income of $99,083. Diamond Bar has a 55% higher education rate. The unemployment rate in Diamond Bar is 5.6%.


Population
55,720 people

County
Los Angeles County

Renters

24% of Diamond Bar households are renters.


Rent Burden

39.1% 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

Diamond Bar Demographics


Median Individual Income
$39,921 / year

Median Household Income
$99,083 / year

Families w/ Dual Incomes
60%

Unemployment Rate
5.6%
Household Income Distribution
Diamond Bar, CA

Median Age
43 years

Avg Family Size
3.47 people
Age Distribution
Diamond Bar, CA

College Education or Above
55%

STEM College Graduates
47%
Education Distribution
Diamond Bar, 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