San Ramon is located in a strong market for 5+ unit multifamily loans. Multifamily loans in San Ramon are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in San Ramon are some of the lowest nationally. San Ramon 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 Ramon.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in San Ramon 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 Ramon.
The city of San Ramon in Contra Costa County has a population of 75,995. The median rent in Contra Costa County for a 2 bedroom is $2,641. The median San Ramon resident is 40 years old with a yearly income of $80,324. The average family has 3.37 members and a median household income of $160,783. San Ramon has a 71% higher education rate. The unemployment rate in San Ramon is 3.2%.
27.6% of San Ramon households are renters.
29.9% median household income spent on rent.
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 |
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