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Multifamily Loans in
Hayward, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Hayward, CA

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

All major multifamily lender types are lending in Hayward.


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


Hayward Market

The city of Hayward in Alameda County has a population of 159,203. The median rent in Alameda County for a 2 bedroom is $2,641. The median Hayward resident is 36 years old with a yearly income of $37,235. The average family has 3.72 members and a median household income of $86,744. Hayward has a 28% higher education rate. The unemployment rate in Hayward is 4.4%.


Population
159,203 people

County
Alameda County

Renters

47.2% of Hayward households are renters.


Rent Burden

31.9% 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

Hayward Demographics


Median Individual Income
$37,235 / year

Median Household Income
$86,744 / year

Families w/ Dual Incomes
61%

Unemployment Rate
4.4%
Household Income Distribution
Hayward, CA

Median Age
36 years

Avg Family Size
3.72 people
Age Distribution
Hayward, CA

College Education or Above
28%

STEM College Graduates
50%
Education Distribution
Hayward, CA
Source: U.S. Census Bureau

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