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Multifamily Loans in
San Pablo, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in San Pablo, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in San Pablo are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.54% - 4.24%
7 Year Fixed 3.48% - 4.18%
10 Year Fixed 3.59% - 4.29%
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 3.14% - 3.84%
7 Year Fixed 3.08% - 3.78%
10 Year Fixed 3.19% - 3.89%
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 San Pablo 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 San Pablo, CA

All major multifamily lender types are lending in San Pablo.


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


San Pablo Market

The city of San Pablo in Contra Costa County has a population of 30,990. The median rent in Contra Costa County for a 2 bedroom is $2,641. The median San Pablo resident is 34 years old with a yearly income of $25,333. The average family has 3.86 members and a median household income of $53,198. San Pablo has a 13% higher education rate. The unemployment rate in San Pablo is 6.7%.


Population
30,990 people

County
Contra Costa County

Renters

61.9% of San Pablo households are renters.


Rent Burden

38.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Contra Costa 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
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

San Pablo Demographics


Median Individual Income
$25,333 / year

Median Household Income
$53,198 / year

Families w/ Dual Incomes
57%

Unemployment Rate
6.7%
Household Income Distribution
San Pablo, CA

Median Age
34 years

Avg Family Size
3.86 people
Age Distribution
San Pablo, CA

College Education or Above
13%

STEM College Graduates
50%
Education Distribution
San Pablo, CA
Source: U.S. Census Bureau

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