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Since 1977, Ocean Pacific Capital has been closing commercial mortgage loans for clients around the world. Ocean Pacific Capital specializes in hard money mortgage loans, whether it be a residential or commercial scenario. We have been provided hard money mortgage services for all of our 28 years in business and can offer you the most competitive hard money loan program rates available.

Unlike residential financing, commercial mortgage loans allow great flexibility in the types of properties that can be financed. Our commercial mortgage department offers commercial mortgage loans on properties varying from, but not limited to: apartments, commercial centers, industrial buildings, strip centers, mobile home parks, subdivisions, office buildings, mixed use centers, senior housings, hotels, golf courses, and lot loans.

If you have been contemplating about getting a hard money mortgage loan, you owe it to yourself to see what our hard money department can do for you. Our access to over 130 different lenders gives you the assurance that you have attained the best hard money rate. Here are several of the many hard money mortgage options that we offer: commercial hard money, residential hard money, cash-out hard refinance, bad-credit refinance, FHA refinance, stated income refinance, full doc refinance, and even no doc refinance.

Our hard money department offers hard money mortgage programs that are available for all types of homes and credit problems. Whether you are thinking of long-term hard money programs or short-term hard money programs, we offer fixed rate hard money loan programs as well as adjustable hard money loan programs.

Whether it is a commercial mortgage purchase or a commercial mortgage refinance loan, we offer commercial mortgage loans on with commercial mortgage debt coverage ratios are as low as 1.05 to 1.35. We also offer adjustable and fixed programs on commercial mortgage loans. Commercial mortgage loan to cost up to 100% as well as loan to value up to 90% ratios. 5,10, 20, 25, to 30 year financing is available for commercial mortgage financing. Ocean Pacific Capital will finance commercial mortgage loans with loan amounts starting at $1 million to $1.3 billion. Our access to over 87 lenders offers comprehensive commercial mortgage loan selection and solutions for more property types and commercial mortgage loan scenarios with an efficient and cost perspective. Our commercial mortgage loan department offers the best commercial mortgage rates in the market.

Getting approved for your hard money loan is an efficient and cost perspective process! You can apply online or call us and our hard money department will start working on your hard money loan approval in minutes. To get your fast and free online hard money approval and apply for your hard money loan, or to check for up to date hard money rates, click here. If you need more hard money loan program information, call us at 1800-595-1474.


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

 

Commercial News for 10/22/14

WSJ.com: Commercial Real Estate

Mortgage Rates Below 4%
Mortgage rates this week fell to their lowest level since June 2013, mortgage-finance company Freddie Mac said Thursday, as the jitters being felt in the stock and bond markets ripple throughout the economy.

Many on Renwick Street Embrace Development
Renwick Street, one of a few, largely hidden one-block streets in Manhattan, is coming out from the shadows with a burst of new development construction.

For Real-Estate Investors, It's Out With the Old
As foreign investors and pension funds push up prices for top-quality, low-vacancy office buildings, Boston Properties, one of the nation?s largest owners of existing office space is shifting gears.

Stamford Tower Feels Office Market Drag
The weak Stamford, Conn., office leasing market is creating a headache for 400 Atlantic St., an office tower operated by Landis Group.

Extell in Talks to Buy Midtown Church Property
The developer of the One57 condominium project that soars 90 stories over Central Park is negotiating to buy property controlled by a Midtown church.

New Entry in Meatpacking District
A Meatpacking District building that has been home to stables, a restaurant and more is being redeveloped as a Restoration Hardware store, according to people familiar with the deal.

Plots & Ploys: SEC Approves New Rules for Nontraded REITs
The SEC approved rule changes for nontraded real-estate investment trusts and other alternative investments that will require more disclosure and more-frequent valuations from the trusts.

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