West Sacramento is located in a good market for 5+ unit multifamily loans. Multifamily loans in West Sacramento are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in West Sacramento are competitive. West Sacramento 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 West Sacramento.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in West Sacramento 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 West Sacramento.
The city of West Sacramento in Yolo County has a population of 53,519. The median rent in Yolo County for a 2 bedroom is $1,647. The median West Sacramento resident is 34 years old with a yearly income of $32,197. The average family has 3.46 members and a median household income of $70,699. West Sacramento has a 30% higher education rate. The unemployment rate in West Sacramento is 7.3%.
43.1% of West Sacramento households are renters.
32% median household income spent on rent.
Bedrooms |
Yolo County 1 |
California 2 |
National 2 |
|---|---|---|---|
| Studio | $1,183 | $1,137 | $737 |
| 1 bedroom | $1,250 | $1,291 | $813 |
| 2 bedroom | $1,647 | $1,635 | $1,015 |
| 3 bedroom | $2,357 | $2,254 | $1,325 |
| 4 bedroom | $2,816 | $2,613 | $1,521 |
We're here to help.