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Multifamily Loans in
Mountain View, CA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Mountain View, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Mountain View 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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.23% - 3.63%
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 Mountain View 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 Mountain View, CA

All major multifamily lender types are lending in Mountain View.


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


Mountain View Market

The city of Mountain View in Santa Clara County has a population of 82,739. The median rent in Santa Clara County for a 2 bedroom is $3,223. The median Mountain View resident is 35 years old with a yearly income of $71,078. The average family has 3.05 members and a median household income of $139,720. Mountain View has a 70% higher education rate. The unemployment rate in Mountain View is 3.3%.


Population
82,739 people

County
Santa Clara County

Renters

58.4% of Mountain View households are renters.


Rent Burden

23.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Santa Clara County 1
California 2
National 2
Studio $2,354 $1,137 $737
1 bedroom $2,702 $1,291 $813
2 bedroom $3,223 $1,635 $1,015
3 bedroom $4,209 $2,254 $1,325
4 bedroom $4,852 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Mountain View Demographics


Median Individual Income
$71,078 / year

Median Household Income
$139,720 / year

Families w/ Dual Incomes
63%

Unemployment Rate
3.3%
Household Income Distribution
Mountain View, CA

Median Age
35 years

Avg Family Size
3.05 people
Age Distribution
Mountain View, CA

College Education or Above
70%

STEM College Graduates
72%
Education Distribution
Mountain View, CA
Source: U.S. Census Bureau

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