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.

 


Daily Oil & Gas and Wall Street Journal News
10/16/19

Oil Prices Falter Despite Geopolitical Situation
Posted on Monday October 14, 2019

WTI and Brent crude oil futures decline for the second straight day.

EPA Suggests Biofuel Quota Plan to Counteract Refinery Waivers
Posted on Monday October 14, 2019

The Environmental Protection Agency proposed changes in the way it sets annual percentages spelling out how much renewable fuel refiners must blend into gasoline and diesel.

US Crude Exports Expected to Double by 2022
Posted on Monday October 14, 2019

U.S. crude exports are expected to reach nearly six million bpd by 2022, according to Rystad Energy.

Keppel Supplies New Jackup
Posted on Monday October 14, 2019

Keppel FELS Ltd. has delivered the Hermod jackup rig to Borr Drilling Limited.

Brazil’s Sixth Pre-Salt Round Draws Record Number of Bidders
Posted on Monday October 14, 2019

The total number of bidders surpassed the 16 that qualified for the fourth production round last year.

Mozambique Votes Against Backdrop of $50B Gas Windfall
Posted on Monday October 14, 2019

Mozambicans voted Tuesday in elections that have the highest stakes in the southeast African nation's history, after a campaign marked by violence, insurgent attacks and fallout from a debt scandal.

Deepwater GOM Project Claims Industry First
Posted on Monday October 14, 2019

From left, LLOG COO Rick Fowler and TechnipFMC Chairman and CEO Doug Pferdehirt. PHOTO SOURCE: LLOG Exploration Co., L.L.C.

Aramco May Pay $450MM in Fees to IPO Advisers
Posted on Monday October 14, 2019

Advisers working on Saudi Aramco's mammoth share sale may split a fee pool of as much as $450 million, making it one of the biggest IPO pay outs globally.

TechnipFMC Wins Vietnam Subsea Contract
Posted on Monday October 14, 2019

PetroVietnam Gas has awarded TechnipFMC a contract to engineering and install rigid pipeline and fabricate subsea structures.

Oil Slides Again as Economy Falters
Posted on Monday October 14, 2019

Oil falls again as a deteriorating outlook for the global economy weighs on demand, while estimates of increased American crude stockpiles suggest that supplies remain abundant.

Wall Street Journal
Commercial News

10/16/19

WSJ.com: US Business

Drug Distributors Are in Talks to Pay $18 Billion to Settle Opioid Litigation
Three major drug distributors are in talks to pay $18 billion to settle sweeping litigation brought by state and local governments blaming them for fueling the opioid crisis.

Huawei Extends Hot Streak in the Face of U.S. Blacklisting
Huawei?s revenue rose 24% during the first nine months of the year, despite a U.S. export blacklisting against the world?s largest maker of telecommunication equipment.

MGM Resorts to Sell Bellagio, Circus Circus Properties in Las Vegas
MGM Resorts International said it is selling two casinos on the Las Vegas Strip, including its landmark Bellagio property, in separate real-estate deals.

A Lot of Women Work in Health Care. But Not at the Top. Why Is That?
The leadership funnel starts contracting very early, and continues to narrow.

Taco Bell Recalls Some Seasoned Beef
Taco Bell said it voluntarily recalled about 2.3 million pounds of seasoned beef from its restaurants and distribution sites Friday after a customer reportedly found a metal shaving in an order of food.

Fed Paper Says Negative Rate Policy Can Provide Real Stimulus
Negative interest rates are a viable tool to provide stimulus to economies that need it, and the U.S. might have benefited from using it during the financial crisis, a new report from the San Francisco Fed said.

Global Economy on Course for Weakest Growth Since Crisis
Global growth is expected to fall to 3% this year, according to new IMF estimates. The IMF pointed to rising trade barriers that have stunted manufacturing and investment around the world.

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