Rosamond is located in a good market for 5+ unit multifamily loans. Multifamily loans in Rosamond are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Rosamond are competitive. Rosamond 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 Rosamond.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Rosamond 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 | 5.49% - 5.73% |
| 7 Year Fixed | 5.18% - 5.42% |
| 10 Year Fixed | 5.19% - 5.43% |
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 | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Rosamond.
The city of Rosamond in Kern County has a population of 20,851. The median rent in Kern County for a 2 bedroom is $1,039. The median Rosamond resident is 32 years old with a yearly income of $34,426. The average family has 3.59 members and a median household income of $61,807. Rosamond has a 18% higher education rate. The unemployment rate in Rosamond is 10.3%.
35.1% of Rosamond households are renters.
27.6% median household income spent on rent.
Bedrooms |
Kern County 1 |
California 2 |
National 2 |
|---|---|---|---|
| Studio | $786 | $1,137 | $737 |
| 1 bedroom | $796 | $1,291 | $813 |
| 2 bedroom | $1,039 | $1,635 | $1,015 |
| 3 bedroom | $1,487 | $2,254 | $1,325 |
| 4 bedroom | $1,799 | $2,613 | $1,521 |
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