With access to over a hundred lenders, we can offer the best solutions to any type of commercial loan scenario.
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Commercial Mortgage Broker

A commercial mortgage broker acts as a liaison that obtains mortgage loans on behalf of individuals and businesses, such as investors and real estate developers. Conventionally, lending institutions, such as banks, have distributed their own products. However, because the markets for commercial mortgages have developed into a more competitive industry, mortgage brokers have become more popular than ever. Especially in developed markets, mortgage brokers have become the largest distributors of mortgage products for lenders. While the extent of regulation of the practice of a commercial mortgage broker varies on the jurisdiction in each state, mortgage brokers are regulated to make certain that its clients and borrowers are protected. While the nature and range of a mortgage broker's activities varies with jurisdiction, their activity can be divided into dealing directly with individuals and businesses and lenders. Mortgage brokers market to attract clients, assess the borrowers' credits and assets to determine affordability, analyze the market to match borrowers' needs, acquire necessary documents, complete lender application form and submit required materials to lender, and explain the legal disclosures to the clients and act a liaison between the lender and borrower. The presence of a mortgage broker simplifies mortgage process for borrowers and ensures that the process is going smoothly. For over 31 years, Ocean Pacific Capital has prided itself on being one of the top commercial mortgage broker in the nation. To see how we can exceed your expectations, email or call us to contact one of our commercial loan specialists to see what we can do for you today.

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

 


Daily Oil & Gas and Wall Street Journal News
12/5/19

Oil Prices Lackluster Amid Wait on OPEC+
Posted on Wednesday December 04, 2019

Brent crude oil futures showed a meager gain Thursday, and West Texas Intermediate (WTI) posted no gain at all.

Energy Transfer Expands Pipeline Network
Posted on Wednesday December 04, 2019

The expansion comes with the closure of Energy Transfer's SemGroup acquisition.

OPEC+ Agrees to New Deal That Leaves Oil Supply Barely Changed
Posted on Wednesday December 04, 2019

OPEC reached an agreement that adjusts its official production targets, but removes few barrels from a market that's forecast to return to surplus early next year.

N. American Shale Primed for Growth Despite Possible Oil Price Declines
Posted on Wednesday December 04, 2019

The production outlook for North American shale will remain robust in coming years, despite a potential drop in oil prices, according to Rystad Energy.

Shale Frac Spread Rebound Hopes Fade
Posted on Wednesday December 04, 2019

A seasonal increase in the number of US shale basin-based frac spreads has not materialized.

Oil Tankers Idling Off China Possess Key to Shipping Rates
Posted on Wednesday December 04, 2019

The fate of at least 15 oil tankers idling off the coast of China holds the key to determining the path of global freight rates.

Saudis Offer OPEC+ Quid Pro Quo
Posted on Wednesday December 04, 2019

Saudi Arabia is offering fellow OPEC+ members a quid pro quo - If you stop cheating, we'll curb production.

TGS Starts Additional Montney Project
Posted on Wednesday December 04, 2019

TGS has started onshore seismic acquisition for an additional Montney basin 3D project in Canada.

FSMR Sticks to Oil Price Forecast Again
Posted on Wednesday December 04, 2019

Fitch Solutions Macro Research has left its Brent crude price forecasts unchanged for the second time in a row.

Petrobras Plans $34B in Dividends by 2024
Posted on Wednesday December 04, 2019

Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it cuts debt and sells assets to shore up its finances.

Wall Street Journal
Commercial News

12/5/19

WSJ.com: US Business

United Airlines CEO to Step Down
United Airlines said Chief Executive Oscar Munoz will become executive chairman in May, with President Scott Kirby taking the CEO post.

Uber Issues Report Detailing Safety Incidents on Ride-Hailing Platform
Uber says 235 sexual assaults reported on platform in 2018 vs. 229 in 2017.

GM, LG to Spend $2.3 Billion on Electric-Car Battery Venture
General Motors and South Korea?s LG Chem plan to build a large battery factory in Ohio, the latest example of an auto maker plowing money into electric cars.

Smith & Wesson Parent Sees Higher Gun Sales
American Outdoor Brands, Inc., the parent of Smith & Wesson, provided more evidence that demand for guns was stabilizing, with full-year sales and profit guidance that topped analysts? expectations

How Amazon Dodges Responsibility for Unsafe Products: The Case of the Hoverboard
Lawsuits are testing an argument that underpins the modern tech industry, that internet companies are mere platforms connecting buyers and sellers and aren?t responsible for the quality or safety of the products.

American Firms Import Fewer Chinese Goods
Imports of Chinese goods fell in October after the U.S. imposed new tariffs on consumer goods, and the overall trade deficit narrowed on a drop in imports and exports.

Mnuchin Working Closely With Fed, Bank Regulators on Repo Market Issues
Treasury Secretary Steven Mnuchin said he is working closely with the Fed to make sure there are ample reserves, or deposits banks keep at the Fed, following funding strains in money markets in September.

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