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
9/20/20

Wellesley Petroleum drills dry hole in North Sea PL 829
Posted on Friday September 18, 2020

Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.

Vintage completes Vali development concept
Posted on Thursday September 17, 2020

The Vintage Energy Ltd.-led joint venture in southwest Queensland Cooper basin permit ATP 2021 completed the development concept for Vali gas field.

BW Energy plans Hibiscus-Ruche development via converted jack up
Posted on Wednesday September 16, 2020

BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.

Theia Energy moves Great Sandy Desert exploration project forward
Posted on Monday August 31, 2020

Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.

Triangle placement and share purchase plan to fund Cliff Head work
Posted on Thursday August 27, 2020

Triangle Energy (Global) Ltd., Perth, has raised $2.2 million (Aus.) through a share placement and intends to raise a further $1 million via a share purchase plan to current shareholders.

Wall Street Journal
Commercial News

9/20/20

WSJ.com: US Business

TikTok Deal Faces Questions Over Security, Ownership
An emerging deal to make China?s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.

China Has Reasons to Like TikTok's Trump-Approved Deal
A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal?s chances of finding favor in Beijing, which had threatened to veto a sale.

WeChat Ban Blocked by Federal Judge in Ruling Against Trump Administration
A federal judge temporarily blocked the Trump administration?s executive order curbing Americans? use of WeChat, agreeing with free-speech arguments raised by users of the popular Chinese-owned messaging and e-commerce app.

Meat Was Once in Short Supply. Now, It's on Sale.
Prices for meat are falling at grocery stores as last spring?s shortages fade and livestock clog farms, benefiting consumers but hurting meatpackers and farmers already hit by Covid-19 disruptions.

CEOs Start to Place Big Bets as Pandemic Grinds On
As the coronavirus?s spread continues in the U.S. and abroad, businesses have concluded they?ll coexist with it for some time. So they are reviving stalled operational plans, changing leaders and reissuing financial targets.

Pandemic Threatens to Widen Racial Homeownership Gap
The housing market has led the recovery from the pandemic-induced economic downturn as Americans have rushed to buy homes, but some analysts warn it may widen the longstanding gap in homeownership between Black and white Americans.

Jobless Rates in Northeast, West Are Highest in Nation
Unemployment rates in regions across the U.S. moved down this summer after peaking in April, when the coronavirus first triggered widespread lockdowns. Still, jobless rates clocked in above 10% in 10 states.

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