La Habra is located in a strong market for 5+ unit multifamily loans. Multifamily loans in La Habra are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in La Habra are some of the lowest nationally. La Habra 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 La Habra.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in La Habra are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 5.71% - 5.46% |
| 7 Year Fixed | 5.10% - 5.34% |
| 10 Year Fixed | 5.09% - 5.33% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.55% - 5.70% |
| 7 Year Fixed | 5.56% - 5.71% |
| 10 Year Fixed | 5.56% - 5.71% |
All major multifamily lender types are lending in La Habra.
The city of La Habra in Orange County has a population of 60,513. The median rent in Orange County for a 2 bedroom is $2,507. The median La Habra resident is 36 years old with a yearly income of $31,360. The average family has 3.69 members and a median household income of $79,325. La Habra has a 29% higher education rate. The unemployment rate in La Habra is 7.5%.
42.1% of La Habra households are renters.
31.2% median household income spent on rent.
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 |
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