Since 1977, we've had the combined experience in selecting and fine-tuning apartment mortgage loans for your specific needs.
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Apartment Mortgage Loans




Apartment mortgage loans are categorized as commercial mortgages. They are taken out by companies and businesses to buy apartment buildings. There are various factors to consider when one is attempting to decide which type of apartment mortgage loan to take out. You need to find the right mortgage company that will fund the necessary amount to fund the project.

While some mortgage companies have a maximum loan amount limit of $5 million, which is not sufficient to fund the bigger apartment buildings; therefore, it's important to connect with the right brokers. There are numerous loans for apartment complexes of all sizes. An important fact to keep in mind is that the total amount of money required for an apartment mortgage loan is a bit higher than for a smaller property, such as a home.

When looking for an apartment mortgage loan, interest rates are equally important and are available fixed or variable, depending on qualifications and need of the client. Ocean Pacific Capital has the apartment mortgage loan for almost every borrower, whether you are a real estate developer or investor. Based on individual needs, our clients can choose the type of apartment mortgage loan that is best suited for their apartment size and the number of units.

Since 1977, Ocean Pacific Capital is an independent and licensed mortgage broker specializing in all types of residential and commercial mortgage loans. Whether you are looking to purchase, construct, or refinance an exisiting apartment, we can help you obtain the necessary financing. For more information, email or call us today to speak to one of our experienced commercial loan specialists. We look forward to helping you.


Whatever your financing needs,
we will tailor a loan that's right for you.

 

Wall Street Journal
Commercial News

12/4/20

WSJ.com: US Business

About 150 U.S. Cadillac Dealers to Exit Brand Rather Than Sell Electric Cars
Dealers have decided to part ways with Cadillac, rather than invest in costly upgrades required to sell electric cars, according to people familiar with the plans.

Glencore CEO Glasenberg to Retire After 18 Years at the Helm
Ivan Glasenberg, the longtime chief executive of Glencore, is handing over the reins of the global mining and trading giant he built, saying he would retire in the first half of next year.

Meatpacker JBS Removed At-Risk Workers from Plant Amid Virus Surge
The largest U.S. beef processor last month sent home 202 Greeley, Colo., plant workers considered vulnerable to the coronavirus, allowing them to retain their full pay and benefits.

Activision Blizzard Sues Netflix for Allegedly Poaching Its Former Finance Chief
The videogame publishing company said Netflix illegally recruited Spencer Neumann in late 2018, prompting a contract breach that disrupted business operations.

The Covid Crisis Taught David Farr the Power and Limits of Being the Boss
Nine months with Emerson Electric, a manufacturing giant, show the firm knocked off course by the pandemic. The CEO insisted on moving forward anyway. ?We have customers to serve and we can?t frickin? do it if nobody is here.?

U.S. Added 245,000 Jobs Last Month as Hiring Slowed
The U.S. economy added 245,000 jobs in November, as the unemployment rate ticked down to 6.7% the Labor Department said Friday, signaling a sharp slowdown in the labor-market recovery.

Your Covid-19 Shopping Habits Are Changing What Jobs Are Available
Most of the jobs that were added in the U.S. in November were in the transportation and warehousing industries?the ones that package, ship and deliver goods to consumers.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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