With our access to over 80 lenders, we can offer you the best commercial mortgage interest rate.
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5-Star Mobile Home Parks
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Commercial Mortgage Interest Rate

Ocean Pacific Capital specializes in fixed commercial mortgage interest rates, which makes budgeting and planning easier for our clients' businesses. Fixed interest rate commercial mortgages have a fixed rates and payments for the entire length of the loan. While the length of the loan is easier to budget, it also provides stability in a market whose rates are always changing. Because mortgage rates can fluctuate on a daily to yearly basis, businesses could be paying higher interest rates. Therefore, it is vital that individuals and their businesses are aware of their costs every year. The length of the term can range from 5 to 20 year as interest rates are set as spreads and loan to value, subject to each underwriting criteria, can be up to 90%. Our experience in this industry since 1977 have given us access to a variety of lenders that offers competitively-priced purchase and refinance mortgage programs, which includes no credit, poor credit, good credit, to conventional and jumbo mortgage loans for residential loans. However, commercial mortgages differ from residential mortgages because these loans are utilized to finance commercial properties, such as multi-family apartments, retail, office, and shopping centers. When lenders qualify borrowers for a commercial mortgage interest rate, credit history of the borrower is important, but credit history of the business and directors have a larger emphasis as the risk of the commercial venture is cautiously evaluated. At Ocean Pacific Capital, regardless of your situation, we work with you to ensure that you get placed in the right loan, whether it is fixed or adjustable interest rates. Our ability to properly structure these commercial loans allows us to help borrowers obtain the necessary financing with one of the most competitive commercial mortgage interest rates. Email or call us to today to contact our commercial loans specialists to see what kind of loan we can tailor to suit your needs.

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

 


Daily Oil & Gas and Wall Street Journal News
5/31/20

ANPG provides data package for oil exploration onshore Angola
Posted on Friday May 29, 2020

The Angola National Agency of Oil, Gas, and Biofuels has provided more onshore data for oil exploration in the Lower Congo and Kwanza onshore basins ahead of an official announcement to begin new bidding rounds.

APT identifies lower Jurassic source rocks offshore Canada
Posted on Friday May 29, 2020

Applied Petroleum Technology (APT), Oslo, has identified lower Jurassic source rocks and a genetically related set of oil shows in the Southern Grand Banks petroleum system offshore Canada.

Jersey gains operatorship of UKCS license P2170
Posted on Wednesday May 20, 2020

NOCs to slash 2020 exploration budgets over a quarter on average
Posted on Wednesday May 20, 2020

National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.

Emperor Energy begins pre-FEED for Judith gas field
Posted on Tuesday May 19, 2020

Emperor Energy entered a binding agreement with APA Group for pre-front end engineering and design work on Judith gas field in Gippsland basin permit Vic/P47 off eastern Victoria to the north and east of ExxonMobil-BHP’s producing Bass Strait fields.

Wall Street Journal
Commercial News

5/31/20

WSJ.com: US Business

Retailers and Restaurants Grapple With Damage, Just as Many Were Starting to Reopen
Target, Walmart, Nike and small family businesses, already crippled by the coronavirus pandemic, have collectively closed hundreds of locations or are recovering from looting and physical damage related to protests.

SpaceX Craft Docks With Space Station, Ushering in New Era
Elon Musk?s SpaceX on Sunday successfully docked a company-owned capsule carrying a pair of NASA astronauts with the International Space Station, opening a new chapter in commercial space endeavors.

Chip Industry Seeks Billions to Expand U.S. Manufacturing
Federal funds will be sought for factory building and research to keep the U.S. ahead of China and others generous in subsidizing their companies.

Plexiglass Is the New Hot Commodity as Businesses Try to Reopen
Manufacturers are racing to crank out the hand sanitizer, masks and clear plastic dividers that are seen as key to reopening the U.S. economy amid the pandemic. Stepped-up production has sent materials prices soaring.

Meat Plants Reopen, but Burgers Stay Pricey
A national meat-supply crunch driven by the coronavirus pandemic is beginning to ease, though meat and grocery suppliers expect the effects to linger for months. Meanwhile, consumers are paying more for ground beef and other staples across the country.

Economy Week Ahead: Manufacturing and Unemployment Data
Friday?s U.S. jobs report anchors another week of data that will reflect fallout from efforts to contain the new coronavirus.

Consumers Spent a Lot Less, Saved More During April Lockdowns
U.S. consumer spending, the U.S. economy?s main engine, fell by a record 13.6% in April during coronavirus lockdowns, but there are signs suggesting damage from the crisis is starting to ease.

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