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Multifamily Loans in
French Valley, CA

Overview

French Valley is located in a good market for 5+ unit multifamily loans. Multifamily loans in French Valley are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in French Valley are competitive. French Valley 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 French Valley.

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in French Valley, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in French Valley 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 3.37% - 3.61%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.52% - 3.76%
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 3.16% - 3.41%
7 Year Fixed 3.33% - 3.78%
10 Year Fixed 3.28% - 3.68%
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 French Valley 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 French Valley, CA

All major multifamily lender types are lending in French Valley.


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


French Valley Market

The city of French Valley in Riverside County has a population of 36,126. The median rent in Riverside County for a 2 bedroom is $1,506. The median French Valley resident is 33 years old with a yearly income of $41,741. The average family has 4.15 members and a median household income of $111,052. French Valley has a 31% higher education rate. The unemployment rate in French Valley is 8.8%.


Population
36,126 people

County
Riverside County

Renters

23.5% of French Valley households are renters.


Rent Burden

31.6% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Riverside County 1
California 2
National 2
Studio $1,035 $1,137 $737
1 bedroom $1,199 $1,291 $813
2 bedroom $1,506 $1,635 $1,015
3 bedroom $2,077 $2,254 $1,325
4 bedroom $2,567 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

French Valley Demographics


Median Individual Income
$41,741 / year

Median Household Income
$111,052 / year

Families w/ Dual Incomes
56%

Unemployment Rate
8.8%
Household Income Distribution
French Valley, CA

Median Age
33 years

Avg Family Size
4.15 people
Age Distribution
French Valley, CA

College Education or Above
31%

STEM College Graduates
38%
Education Distribution
French Valley, CA
Source: U.S. Census Bureau

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