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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 11/23/14

WSJ.com: Commercial Real Estate

Paramount Prices Biggest U.S. REIT IPO
Office-building landlord Paramount Group Inc. raised $2.29 billion in its initial public offering Tuesday, becoming the largest-ever IPO by a U.S. real-estate investment trust and helping breathe life into an anemic year for new property stocks.

Home Builders Hold Off on IPOs
Home builders are shelving plans for initial stock offerings after a flurry of deals earlier this year, as the housing market slows and share prices in the sector slump.

Plaza Hotel Sale Draws Crowd, but Deal Is Elusive
A blue-chip roster of real-estate investors, financial firms, and even a Grammy-winning rap artist are angling to buy New York?s landmark Plaza Hotel, but the owner, India?s Sahara Group, has been playing hard to get.

Single-Building IPO Is in Works
A New York startup, ETRE Financial, plans to take individual buildings public.

Plots & Ploys: Banking On It
SL Green Realty?s plans for a skyscraper by Grand Central Terminal advances...CompStak raises $4.4 million from about a dozen investors...Mack-Cali Realty?s Roseland division gains traction in its East Boston project.

Fund Manager Litt Targets Associated Estates for Management Shakeup
Fund manager Jonathan Litt is launching an activist campaign to replace the board of directors of Associated Estates Realty, a real-estate investment trust based in Ohio that specializes in multifamily apartment buildings.

Blackstone to Sell Manhattan Skyscraper for About $2.25 Billion
Blackstone Group has reached a deal to sell a Midtown Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge.

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