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Multifamily Loans in
Santa Clarita, CA

Overview

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

Get multifamily loan quotes for Dec 06, 2021


Multifamily Loan Rates in Santa Clarita, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Santa Clarita 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 3.04% - 3.28%
7 Year Fixed 3.15% - 3.39%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 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 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 Santa Clarita 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 Santa Clarita, CA

All major multifamily lender types are lending in Santa Clarita.


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


Santa Clarita Market

The city of Santa Clarita in Los Angeles County has a population of 212,979. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median Santa Clarita resident is 37 years old with a yearly income of $41,115. The average family has 3.5 members and a median household income of $99,666. Santa Clarita has a 37% higher education rate. The unemployment rate in Santa Clarita is 5.0%.


Population
212,979 people

County
Los Angeles County

Renters

30% of Santa Clarita households are renters.


Rent Burden

35.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Los Angeles County 1
California 2
National 2
Studio $1,488 $1,137 $737
1 bedroom $1,746 $1,291 $813
2 bedroom $2,238 $1,635 $1,015
3 bedroom $2,974 $2,254 $1,325
4 bedroom $3,243 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Santa Clarita Demographics


Median Individual Income
$41,115 / year

Median Household Income
$99,666 / year

Families w/ Dual Incomes
61%

Unemployment Rate
5.0%
Household Income Distribution
Santa Clarita, CA

Median Age
37 years

Avg Family Size
3.5 people
Age Distribution
Santa Clarita, CA

College Education or Above
37%

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

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