Woodland is located in a good market for 5+ unit multifamily loans. Multifamily loans in Woodland are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Woodland are competitive. Woodland 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 Woodland.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Woodland 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 Woodland.
The city of Woodland in Yolo County has a population of 60,548. The median rent in Yolo County for a 2 bedroom is $1,647. The median Woodland resident is 37 years old with a yearly income of $31,346. The average family has 3.3 members and a median household income of $69,612. Woodland has a 27% higher education rate. The unemployment rate in Woodland is 5.6%.
45.6% of Woodland households are renters.
29.2% 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 |
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