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Multifamily Loans in
Dixon, CA

Overview

Dixon is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Dixon are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Dixon are slightly higher than the national average. Dixon apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Dixon.

Get multifamily loan quotes for Jan 29, 2022


Multifamily Loan Rates in Dixon, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Dixon 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 $6M
5 Year Fixed 3.43% - 3.67%
7 Year Fixed 3.27% - 3.51%
10 Year Fixed 3.68% - 3.92%
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®
$6M to $100M
5 Year Fixed 3.56% - 4.06%
7 Year Fixed 3.69% - 4.39%
10 Year Fixed 3.63% - 4.28%
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 Dixon 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 Dixon, CA

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Dixon.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Moderate leverage
  • Tax returns not required
  • Non-recourse
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Jan 29, 2022


Dixon Market

The city of Dixon in Solano County has a population of 20,698. The median rent in Solano County for a 2 bedroom is $1,767. The median Dixon resident is 34 years old with a yearly income of $31,822. The average family has 3.55 members and a median household income of $82,570. Dixon has a 20% higher education rate. The unemployment rate in Dixon is 5.7%.


Population
20,698 people

County
Solano County

Renters

30.1% of Dixon households are renters.


Rent Burden

30.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Solano County 1
California 2
National 2
Studio $1,300 $1,137 $737
1 bedroom $1,477 $1,291 $813
2 bedroom $1,767 $1,635 $1,015
3 bedroom $2,529 $2,254 $1,325
4 bedroom $3,059 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Dixon Demographics


Median Individual Income
$31,822 / year

Median Household Income
$82,570 / year

Families w/ Dual Incomes
60%

Unemployment Rate
5.7%
Household Income Distribution
Dixon, CA

Median Age
34 years

Avg Family Size
3.55 people
Age Distribution
Dixon, CA

College Education or Above
20%

STEM College Graduates
47%
Education Distribution
Dixon, CA
Source: U.S. Census Bureau

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