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Multifamily Loans in
Rancho Santa Margarita, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Rancho Santa Margarita, CA

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

All major multifamily lender types are lending in Rancho Santa Margarita.


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 Santa Margarita Market

The city of Rancho Santa Margarita in Orange County has a population of 47,896. The median rent in Orange County for a 2 bedroom is $2,507. The median Rancho Santa Margarita resident is 39 years old with a yearly income of $54,219. The average family has 3.26 members and a median household income of $121,017. Rancho Santa Margarita has a 51% higher education rate. The unemployment rate in Rancho Santa Margarita is 3.1%.


Population
47,896 people

County
Orange County

Renters

29.2% of Rancho Santa Margarita households are renters.


Rent Burden

33% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Orange County 1
California 2
National 2
Studio $1,805 $1,137 $737
1 bedroom $2,031 $1,291 $813
2 bedroom $2,507 $1,635 $1,015
3 bedroom $3,470 $2,254 $1,325
4 bedroom $3,997 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Rancho Santa Margarita Demographics


Median Individual Income
$54,219 / year

Median Household Income
$121,017 / year

Families w/ Dual Incomes
66%

Unemployment Rate
3.1%
Household Income Distribution
Rancho Santa Margarita, CA

Median Age
39 years

Avg Family Size
3.26 people
Age Distribution
Rancho Santa Margarita, CA

College Education or Above
51%

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

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