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

11/24/20

WSJ.com: US Business

AstraZeneca-Oxford Vaccine Up to 90% Effective in Trials
The success of the vaccine being developed by the University of Oxford and AstraZeneca bodes well for the near-term availability of a third treatment for Covid-19, joining those from Moderna as well as Pfizer and BioNTech.

Merck to Buy OncoImmune for $425 Million Amid Race for Covid-19 Treatments
The drugmaker is buying biopharmaceutical company OncoImmune, which has reported positive results from a late-stage study of a coronavirus therapeutic candidate, for $425 million in cash.

GM Stops Backing Trump Administration in Emissions Fight With California
General Motors will no longer back the administration in its legal battle to strip California?s authority to set its own fuel-efficiency regulations, saying GM?s goals for green cars are aligned with the state and the new Biden administration.

GM to Recall 5.9 Million Vehicles With Takata Air-Bag Inflaters
General Motors has agreed to replace potentially faulty Takata air-bag inflaters in millions of its pickups and SUVs, a fix ordered by federal safety regulators that could cost the auto maker more than $1 billion.

Amid Coronavirus Surge, Holiday Shoppers Flock to Malls
Americans visited malls over the weekend saying they wanted to do Christmas shopping before potential lockdown restrictions are implemented or to avoid Black Friday crowds, as the spreading coronavirus looms over the holiday season.

Biden Picks Janet Yellen for Treasury Secretary
President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen, an economist at the forefront of policy-making for three decades, to become the next Treasury secretary.

U.S. Economic Activity Picks Up on Postelection Lift, Vaccine Results
The U.S. economy continues to recover from the downturn caused by the pandemic, according to business surveys that show services and manufacturing activity growing, while surveys show the European economy is set for a fresh contraction in the final quarter of 2020.

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Charles Elfsten, President
Charles A. Elfsten
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