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
1/19/18

CHC Reaffirms Commitment to North Sea Energy Sector
Posted on Thursday January 18, 2018

Helicopter services company CHC breaks ground on a $6 million redevelopment of its Aberdeen base.

Significant Commercial Gas Discovery Found Onshore Italy
Posted on Thursday January 18, 2018

A significant commercial gas discovery has been made at the Selva gas field in northern Italy, Po Valley Energy Limited (PVE) confirms.

Glut Fears Thwart Oil Rebound After Record Draw From Storage Hub
Posted on Wednesday January 17, 2018

A record draw from America's largest crude storage hub helped lift prices from the day's lows, but not enough to ease fears.

Crisis-Hit Venezuela's Oil Output Plummets In 2017 To Decades Low
Posted on Wednesday January 17, 2018

Venezuela's crude oil production fell nearly 13% last year, according to figures released by OPEC.

Russell: China May Cause Larger Seasonal Swings In LNG Prices
Posted on Wednesday January 17, 2018

There is little doubt that China's voracious appetite for LNG is the prime mover behind the spot price for the fuel reaching its highest in more than three years, but what happens next?

EIA: US Crude Stocks Drop, Led By Record Outflow From Cushing Hub
Posted on Wednesday January 17, 2018

US crude oil stocks fell for a ninth straight week, led by a record drawdown at the US storage hub in Cushing, Oklahoma, EIA says.

Shell to Deploy Pioneering Electrolysis Tech at German Refinery
Posted on Wednesday January 17, 2018

Shell's Rhineland refinery in Wesseling, Germany. SOURCE: Shell

CB&I, Chevron Lummus Global, Saudi Aramco Launch 'Crude-to-Chemical' JV
Posted on Wednesday January 17, 2018

Three-way agreement is 'technological first,' says Saudi Aramco president.

BLOG: Houston Metro Still Most Profitable for STEM Grads
Posted on Wednesday January 17, 2018

According to analysis by WalletHub, STEM professionals can make the most bank in Houston's metropolitan area.

Nigeria Passes Major Oil Reform Bill After 17 Year Struggle
Posted on Wednesday January 17, 2018

Nigeria has moved closer to turning an oil industry bill into law after a 17 year struggle to complete the legislation.

Wall Street Journal
Commercial News

1/19/18

WSJ.com: Commercial Real Estate

NYC Council Stops Midtown Tower Construction
Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.

Malls Never Wanted Gyms. Now They Court Them
Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they?re giving health clubs some of their best real estate.

New Jersey Office Rents Near Records
Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.

Brookfield Property Makes $14.8 Billion Offer to Acquire Rest of GGP
Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn?t already own, according to people familiar with the matter.

'Little India' Thrives in Central New Jersey
Oak Tree Road, known as ?Little India,? has been transformed from a rundown and desolate area to a booming ethnic business district that attracts South Asian customers from Maine to Maryland.

NYC's Pearl River Mart Will Expand to Chelsea Market
Pearl River Mart, once a casualty of skyrocketing retail rents, is planning to open another 3,500 square-foot store at Chelsea Market in Manhattan.

Office Spaces Focusing More on Communal Areas
Businesses are beginning to design offices spaces that are increasing the amount of square footage per employee when shared work settings are taken into account.

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