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Multifamily Loans in
Rohnert Park, CA

Overview

Rohnert Park is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Rohnert Park are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Rohnert Park are slightly higher than the national average. Rohnert Park apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Rohnert Park.

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Rohnert Park, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Rohnert Park 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 $6M
5 Year Fixed 3.56% - 3.75%
7 Year Fixed 3.37% - 3.61%
10 Year Fixed 3.61% - 3.85%
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®
$6M to $100M
5 Year Fixed 3.08% - 3.33%
7 Year Fixed 3.24% - 3.69%
10 Year Fixed 3.30% - 3.70%
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 Rohnert Park 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 Rohnert Park, CA

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Rohnert Park.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Moderate leverage
  • Tax returns not required
  • Non-recourse
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Dec 06, 2021


Rohnert Park Market

The city of Rohnert Park in Sonoma County has a population of 43,291. The median rent in Sonoma County for a 2 bedroom is $2,179. The median Rohnert Park resident is 36 years old with a yearly income of $33,842. The average family has 3.13 members and a median household income of $71,585. Rohnert Park has a 29% higher education rate. The unemployment rate in Rohnert Park is 2.4%.


Population
43,291 people

County
Sonoma County

Renters

45.2% of Rohnert Park households are renters.


Rent Burden

38% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Sonoma County 1
California 2
National 2
Studio $1,462 $1,137 $737
1 bedroom $1,658 $1,291 $813
2 bedroom $2,179 $1,635 $1,015
3 bedroom $3,084 $2,254 $1,325
4 bedroom $3,553 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Rohnert Park Demographics


Median Individual Income
$33,842 / year

Median Household Income
$71,585 / year

Families w/ Dual Incomes
55%

Unemployment Rate
2.4%
Household Income Distribution
Rohnert Park, CA

Median Age
36 years

Avg Family Size
3.13 people
Age Distribution
Rohnert Park, CA

College Education or Above
29%

STEM College Graduates
47%
Education Distribution
Rohnert Park, CA
Source: U.S. Census Bureau

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