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Multifamily Loans in
Rancho Palos Verdes, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Rancho Palos Verdes, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Rancho Palos Verdes 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 3.04% - 3.28%
7 Year Fixed 3.15% - 3.39%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 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 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 Rancho Palos Verdes 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 Palos Verdes, CA

All major multifamily lender types are lending in Rancho Palos Verdes.


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 Palos Verdes Market

The city of Rancho Palos Verdes in Los Angeles County has a population of 41,530. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median Rancho Palos Verdes resident is 50 years old with a yearly income of $56,853. The average family has 3.15 members and a median household income of $138,557. Rancho Palos Verdes has a 68% higher education rate. The unemployment rate in Rancho Palos Verdes is 4.0%.


Population
41,530 people

County
Los Angeles County

Renters

22% of Rancho Palos Verdes households are renters.


Rent Burden

37.7% 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

Rancho Palos Verdes Demographics


Median Individual Income
$56,853 / year

Median Household Income
$138,557 / year

Families w/ Dual Incomes
50%

Unemployment Rate
4.0%
Household Income Distribution
Rancho Palos Verdes, CA

Median Age
50 years

Avg Family Size
3.15 people
Age Distribution
Rancho Palos Verdes, CA

College Education or Above
68%

STEM College Graduates
54%
Education Distribution
Rancho Palos Verdes, CA
Source: U.S. Census Bureau

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