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Multifamily Loans in
Fremont, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Fremont, CA

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

Fannie Mae®
$1M to $6M
5 Year Fixed 3.54% - 4.24%
7 Year Fixed 3.48% - 4.18%
10 Year Fixed 3.59% - 4.29%
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 3.14% - 3.84%
7 Year Fixed 3.08% - 3.78%
10 Year Fixed 3.19% - 3.89%
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 Fremont 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 Fremont, CA

All major multifamily lender types are lending in Fremont.


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


Fremont Market

The city of Fremont in Alameda County has a population of 241,110. The median rent in Alameda County for a 2 bedroom is $2,641. The median Fremont resident is 38 years old with a yearly income of $55,900. The average family has 3.4 members and a median household income of $133,354. Fremont has a 57% higher education rate. The unemployment rate in Fremont is 3.6%.


Population
241,110 people

County
Alameda County

Renters

39.3% of Fremont households are renters.


Rent Burden

26.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Alameda County 1
California 2
National 2
Studio $1,768 $1,137 $737
1 bedroom $2,143 $1,291 $813
2 bedroom $2,641 $1,635 $1,015
3 bedroom $3,541 $2,254 $1,325
4 bedroom $4,281 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Fremont Demographics


Median Individual Income
$55,900 / year

Median Household Income
$133,354 / year

Families w/ Dual Incomes
60%

Unemployment Rate
3.6%
Household Income Distribution
Fremont, CA

Median Age
38 years

Avg Family Size
3.4 people
Age Distribution
Fremont, CA

College Education or Above
57%

STEM College Graduates
69%
Education Distribution
Fremont, CA
Source: U.S. Census Bureau

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