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
12/15/19

Oil Prices Up for the Week
Posted on Thursday December 12, 2019

WTI and Brent crude oil futures settled higher Friday.

McDermott Receives Delisting Warning
Posted on Thursday December 12, 2019

McDermott received a notice Friday from the NYSE stating the average closing price of the company's shares of common stock had dropped below $1 per share for 30 consecutive trading days.

US Adds Four Oil Rigs
Posted on Thursday December 12, 2019

The U.S. adds four oil rigs and drops four gas rigs to flatten the rig count for the week.

Energas to Start Pakistan's Largest LNG Terminal in 2021
Posted on Thursday December 12, 2019

Pakistan's Energas plans to start the nation's largest liquefied natural gas import terminal in 2021.

SandRidge CEO to Resign
Posted on Thursday December 12, 2019

John Suter, SandRidge's chief operating officer, will service as interim president and CEO.

OPEC+ Price Spike Will be Short-Lived
Posted on Thursday December 12, 2019

Experts look at what the latest OPEC+ developments mean for the oil price.

Transocean Rig to Mobilize in Caribbean
Posted on Thursday December 12, 2019

Transocean has won a one-year contract offshore Trinidad and Tobago for its Development Driller III semisub.

Schlumberger Unit Wins Anchor Subsea Contract
Posted on Thursday December 12, 2019

OneSubsea will provide a subsea production system rated up to 20,000 psi. IMAGE SOURCE: Schlumberger

Aramco Set to Pay Banks $64MM for Record IPO
Posted on Thursday December 12, 2019

Saudi Aramco is poised to pay a combined $64 million to the banks that arranged the world's largest initial public offering.

Pipeline-Starved Canadian Energy Shines
Posted on Thursday December 12, 2019

Canadian energy firms have quietly outperformed their U.S. counterparts this year.

Wall Street Journal
Commercial News

12/15/19

WSJ.com: US Business

Shale Slowdown Takes Economic Toll
America?s hottest oil-drilling regions such as the Permian Basin in Texas are seeing their economies soften as shale producers slash spending, leading to emptier hotels, choosier employers and less overtime for workers.

T-Mobile-Sprint Trial: A Debate About Phone Bills
Whether Americans will pay more for cellphone service is at the center of arguments made by both sides battling in court over T-Mobile US?s merger with Sprint.

Prosecutors Ask UAW Members for Tips in Corruption Probe
Federal prosecutors say UAW leaders aren?t fully cooperating with the government?s probe into alleged corruption, prompting them to ask rank-and-file members to come forward with any information.

Investors Fight Over Future of Saks Fifth Avenue
The fate of Saks Fifth Avenue hangs in the balance as shareholders fight an offer to take the parent company private using money from its own coffers to fund the buyout.

Why You Can't Have a Decent Conversation With Your Voice Assistant Yet
As Alexa, Siri and Google Assistant get some surprisingly revolutionary new features, you can do more with them than ever before?if you work at it.

Trump's 'America First' Trade Vision Comes Into Focus
President Trump drew concessions from Mexico and China last week while stripping the World Trade Organization of its powers to restrain the tactics he used to secure them, in a series of moves reshaping longtime U.S. trade policy.

Economists Got the Decade All Wrong. They're Trying to Figure Out Why.
The U.S. has enjoyed its longest economic expansion on record without triggering inflation as interest rates remain historically low.

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