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Multifamily Loans in
Lynwood, CA

Overview

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

Get multifamily loan quotes for Jan 29, 2022


Multifamily Loan Rates in Lynwood, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Lynwood 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 $7.5M
5 Year Fixed 3.16% - 3.26%
7 Year Fixed 3.10% - 3.34%
10 Year Fixed 3.49% - 3.73%
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®
$7.5M to $100M
5 Year Fixed 3.46% - 3.96%
7 Year Fixed 3.59% - 4.29%
10 Year Fixed 3.53% - 4.18%
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 Lynwood 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 Lynwood, CA

All major multifamily lender types are lending in Lynwood.


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 Jan 29, 2022


Lynwood Market

The city of Lynwood in Los Angeles County has a population of 69,887. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median Lynwood resident is 30 years old with a yearly income of $23,106. The average family has 4.64 members and a median household income of $52,213. Lynwood has a 8% higher education rate. The unemployment rate in Lynwood is 8.4%.


Population
69,887 people

County
Los Angeles County

Renters

54.2% of Lynwood households are renters.


Rent Burden

36.2% 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

Lynwood Demographics


Median Individual Income
$23,106 / year

Median Household Income
$52,213 / year

Families w/ Dual Incomes
58%

Unemployment Rate
8.4%
Household Income Distribution
Lynwood, CA

Median Age
30 years

Avg Family Size
4.64 people
Age Distribution
Lynwood, CA

College Education or Above
8%

STEM College Graduates
42%
Education Distribution
Lynwood, CA
Source: U.S. Census Bureau

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