With our access to over 80 lenders, we can offer you the best commercial mortgage interest rate.
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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.

 

Wall Street Journal
Commercial News

1/22/21

WSJ.com: US Business

Intel to Outsource More Production
The chip maker, which is reviewing its production strategy, reported a slight drop in earnings for 2020, but sales hit a record high of $77.9 billion.

Biden Moves to Set Covid-19 Workplace-Safety Rules
The president is pursuing an emergency temporary standard that would set requirements for employers, a step up from the Trump administration?s voluntary guidance.

Google Escalates Dispute With Australia by Threatening Search Shutdown
Google said it would have no real choice but to shut down its search engine in Australia if a proposed law requiring tech giants to pay publishers for news isn?t changed.

IBM Pledges to Return to Growth in 2021
International Business Machines expects to return to revenue growth this year after reporting a 4.6% decline in 2020 as corporate customers? focused on preserving cash during the coronavirus pandemic.

Want to Be a Hollywood Player? Covid and Streaming Have Changed All the Rules
Movie studios have quickly embraced streaming in the pandemic, and that?s shaking up who?s in charge, how contracts are set up and how stars get paid.

Jobless Claims Remained Elevated Last Week
About 900,000 workers filed for unemployment benefits last week as the labor market struggles to recover this winter.

Buttigieg Pledges to Support Biden's $2 Trillion Infrastructure Plan
President Biden?s nominee to lead the Transportation Department told a Senate panel that he would pursue the administration?s goals to drive federal spending on roads, rails and bridges.

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