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Multifamily Loans in
Winter Gardens, CA

Overview

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

Get multifamily loan quotes for Jan 29, 2022


Multifamily Loan Rates in Winter Gardens, CA

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

Fannie Mae®
$1M to $6M
5 Year Fixed 3.54% - 4.19%
7 Year Fixed 3.42% - 4.00%
10 Year Fixed 3.46% - 3.95%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.16% - 3.26%
7 Year Fixed 3.10% - 3.34%
10 Year Fixed 3.49% - 3.73%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.24% - 3.74%
7 Year Fixed 3.12% - 3.70%
10 Year Fixed 3.16% - 3.65%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.46% - 3.96%
7 Year Fixed 3.59% - 4.29%
10 Year Fixed 3.53% - 4.18%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 01/28/2022. This is not an offer or commitment to lend. Multifamily loan rates in Winter Gardens 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 Jan 29, 2022


Multifamily Lenders in Winter Gardens, CA

All major multifamily lender types are lending in Winter Gardens.


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 Jan 29, 2022


Winter Gardens Market

The city of Winter Gardens in San Diego County has a population of 23,545. The median rent in San Diego County for a 2 bedroom is $2,254. The median Winter Gardens resident is 39 years old with a yearly income of $31,615. The average family has 3.39 members and a median household income of $69,063. Winter Gardens has a 18% higher education rate. The unemployment rate in Winter Gardens is 5.8%.


Population
23,545 people

County
San Diego County

Renters

40.1% of Winter Gardens households are renters.


Rent Burden

34.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
San Diego County 1
California 2
National 2
Studio $1,569 $1,137 $737
1 bedroom $1,743 $1,291 $813
2 bedroom $2,254 $1,635 $1,015
3 bedroom $3,170 $2,254 $1,325
4 bedroom $3,903 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Winter Gardens Demographics


Median Individual Income
$31,615 / year

Median Household Income
$69,063 / year

Families w/ Dual Incomes
60%

Unemployment Rate
5.8%
Household Income Distribution
Winter Gardens, CA

Median Age
39 years

Avg Family Size
3.39 people
Age Distribution
Winter Gardens, CA

College Education or Above
18%

STEM College Graduates
47%
Education Distribution
Winter Gardens, CA
Source: U.S. Census Bureau

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