San Leandro is located in a strong market for 5+ unit multifamily loans. Multifamily loans in San Leandro are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in San Leandro are some of the lowest nationally. San Leandro 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 San Leandro.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in San Leandro are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.74% - 7.48% |
| 7 Year Fixed | 6.70% - 7.21% |
| 10 Year Fixed | 6.71% - 7.11% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.77% - 7.01% |
| 7 Year Fixed | 6.55% - 6.79% |
| 10 Year Fixed | 6.59% - 6.83% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.54% - 7.28% |
| 7 Year Fixed | 6.50% - 7.01% |
| 10 Year Fixed | 6.51% - 6.91% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.95% - 6.05% |
| 7 Year Fixed | 5.96% - 6.06% |
| 10 Year Fixed | 5.89% - 6.29% |
All major multifamily lender types are lending in San Leandro.
The city of San Leandro in Alameda County has a population of 88,815. The median rent in Alameda County for a 2 bedroom is $2,641. The median San Leandro resident is 41 years old with a yearly income of $36,510. The average family has 3.46 members and a median household income of $78,003. San Leandro has a 32% higher education rate. The unemployment rate in San Leandro is 5.2%.
44.1% of San Leandro households are renters.
34.3% median household income spent on rent.
Bedrooms |
Alameda County 1 |
California 2 |
National 2 |
|---|---|---|---|
| Studio | $1,768 | $1,137 | $737 |
| 1 bedroom | $2,143 | $1,291 | $813 |
| 2 bedroom | $2,641 | $1,635 | $1,015 |
| 3 bedroom | $3,541 | $2,254 | $1,325 |
| 4 bedroom | $4,281 | $2,613 | $1,521 |
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