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.

WSJ.com: Commercial Real Estate

Blackstone Spies Retail Recovery
Blackstone Group's $11 billion bet on retail property is showing signs of paying off.

Plots & Ploys: Touchdown Before Kickoff
Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.

Two Office REITs Post Higher Earnings
Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth.

Home Shortage in London to Worsen
London looks likely to experience a drought of new housing over the next few years, as construction of homes amid fears of renewed recession and a dearth of mortgage finance, a report from property consultant suggests.

Cost of Trade Center Tower Rises
The price tag for One World Trade Center, the signature skyscraper under construction at Ground Zero in New York, has risen to more than $3.8 billion, making it by far the world's most expensive new office tower.

Developer Makes a Fresh Start
The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees.

Marriott Delivers Late Editions
Marriott has been trying?and failing?for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.