Loading...

Multifamily Loans in
Rosamond, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Rosamond, CA

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

All major multifamily lender types are lending in Rosamond.


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


Rosamond Market

The city of Rosamond in Kern County has a population of 20,851. The median rent in Kern County for a 2 bedroom is $1,039. The median Rosamond resident is 32 years old with a yearly income of $34,426. The average family has 3.59 members and a median household income of $61,807. Rosamond has a 18% higher education rate. The unemployment rate in Rosamond is 10.3%.


Population
20,851 people

County
Kern County

Renters

35.1% of Rosamond households are renters.


Rent Burden

27.6% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Kern County 1
California 2
National 2
Studio $786 $1,137 $737
1 bedroom $796 $1,291 $813
2 bedroom $1,039 $1,635 $1,015
3 bedroom $1,487 $2,254 $1,325
4 bedroom $1,799 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Rosamond Demographics


Median Individual Income
$34,426 / year

Median Household Income
$61,807 / year

Families w/ Dual Incomes
50%

Unemployment Rate
10.3%
Household Income Distribution
Rosamond, CA

Median Age
32 years

Avg Family Size
3.59 people
Age Distribution
Rosamond, CA

College Education or Above
18%

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

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day