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Multifamily Loans in
Rancho Cucamonga, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Rancho Cucamonga, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Rancho Cucamonga 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 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
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 Rancho Cucamonga 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 Rancho Cucamonga, CA

All major multifamily lender types are lending in Rancho Cucamonga.


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


Rancho Cucamonga Market

The city of Rancho Cucamonga in San Bernardino County has a population of 177,603. The median rent in San Bernardino County for a 2 bedroom is $1,506. The median Rancho Cucamonga resident is 36 years old with a yearly income of $38,239. The average family has 3.51 members and a median household income of $90,953. Rancho Cucamonga has a 35% higher education rate. The unemployment rate in Rancho Cucamonga is 5.4%.


Population
177,603 people

County
San Bernardino County

Renters

38.5% of Rancho Cucamonga households are renters.


Rent Burden

31.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
San Bernardino 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

Rancho Cucamonga Demographics


Median Individual Income
$38,239 / year

Median Household Income
$90,953 / year

Families w/ Dual Incomes
59%

Unemployment Rate
5.4%
Household Income Distribution
Rancho Cucamonga, CA

Median Age
36 years

Avg Family Size
3.51 people
Age Distribution
Rancho Cucamonga, CA

College Education or Above
35%

STEM College Graduates
46%
Education Distribution
Rancho Cucamonga, CA
Source: U.S. Census Bureau

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