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Multifamily Loans in
Seal Beach, CA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Seal Beach, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Seal Beach 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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.23% - 3.63%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/07/2021. This is not an offer or commitment to lend. Multifamily loan rates in Seal Beach 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 08, 2021


Multifamily Lenders in Seal Beach, CA

All major multifamily lender types are lending in Seal Beach.


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 08, 2021


Seal Beach Market

The city of Seal Beach in Orange County has a population of 23,896. The median rent in Orange County for a 2 bedroom is $2,507. The median Seal Beach resident is 59 years old with a yearly income of $42,125. The average family has 2.69 members and a median household income of $68,852. Seal Beach has a 49% higher education rate. The unemployment rate in Seal Beach is 4.1%.


Population
23,896 people

County
Orange County

Renters

24.4% of Seal Beach households are renters.


Rent Burden

26.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Orange County 1
California 2
National 2
Studio $1,805 $1,137 $737
1 bedroom $2,031 $1,291 $813
2 bedroom $2,507 $1,635 $1,015
3 bedroom $3,470 $2,254 $1,325
4 bedroom $3,997 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Seal Beach Demographics


Median Individual Income
$42,125 / year

Median Household Income
$68,852 / year

Families w/ Dual Incomes
41%

Unemployment Rate
4.1%
Household Income Distribution
Seal Beach, CA

Median Age
59 years

Avg Family Size
2.69 people
Age Distribution
Seal Beach, CA

College Education or Above
49%

STEM College Graduates
45%
Education Distribution
Seal Beach, CA
Source: U.S. Census Bureau

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