Yorba Linda is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Yorba Linda are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Yorba Linda are some of the lowest nationally. Yorba Linda 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 Yorba Linda.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Yorba Linda 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 Yorba Linda.
The city of Yorba Linda in Orange County has a population of 67,644. The median rent in Orange County for a 2 bedroom is $2,507. The median Yorba Linda resident is 44 years old with a yearly income of $53,108. The average family has 3.29 members and a median household income of $129,995. Yorba Linda has a 54% higher education rate. The unemployment rate in Yorba Linda is 3.6%.
17.4% of Yorba Linda households are renters.
39.3% 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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