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Loan Products

Ocean Capital Lending, LLC is the premier mortgage company, exclusively offering an array of residential loan products regardless of the loan amount. Whether you are looking for a residential mortgage to purchase that new home or construct the home of your dreams, Ocean Capital Lending, LLC has all the right loan programs to offer. Our experienced lending team will be glad to assist you in choosing the right loan product that fits your goals and needs.  

Prequalifications: Obtain a prequalification before you shop for that new home with no upfront application fees.

Loan programs (Current as of 06/30/16):

  • Fixed rate loans – 10 thru 30 year fixed rate
  • Adjustable rate loans (ARM) – 1, 3, 5, 7, 10 year fixed products
  • HELOCs (up to 89.99% CLTV primary, 85.00% 2nd home, combos loans available, cash outs ok)
  • Interest only products – fixed and adjustable programs
  • Construction/Permanent – primary, secondary and speculative, custom, owner builder
  • Conventional 90% construction up to $417,000, 80% up to $750,000, 60-75% > $750,000
  • FHA/VA construction to perm (subject to county limits - 96.5% FHA, 100% VA allowed)
  • Jumbo Loans – ARMs, Fixed, 15 and 30 year products up to $25,000,000
  • Investment Property Loans – 1 to 4 unit dwellings
  • Land Loans – lot loans, rural, raw land (65% financing, lower LTVs with private money)
  • 97% Financing Programs, 100% (with approved community seconds, seller held 2nds)
  • (FTHB) First time homebuyer programs with reduced mortgage insurance up to 97% financing
  • FHA 203k full/streamline, HomeStyle renovation financing (Owner, 2nd home, investments OK)
  • Purchase and rehabilitation/renovation loans
  • FHA/VA down to 500 fico (100% financing offered as combo 96.5/3.5 available above 620 fico)
  • FHA "Back to Work" product
  • Conventional down to 620 fico, case by case no minimum
  • HARP - underwater mortgage refinance up to unlimited loan to values for primary, 2nd home, investment
  • Warrantable/Non warrantable condos, co-ops and condotels - cash outs OK
  • Stated income and no income for investment properties
  • No income - asset/net worth lending, asset depletion - primary, 2nd home and investments
  • Medical professional loans (97% up to $650,000, 95% up to $850,000) - New medical residents, doctors, dentists, surgeons
  • 12-24 months bank statements / Alt doc for self-employed - business bank statements OK
  • Blanket/Portfolio lending
  • Subprime and non-prime lending
  • 1 day out of foreclosure, bankruptcy, short sale, deed-in-lieu, 2nd chance financing OK
  • Foreign nationals, tax ID, Expat, ITIN <2 yrs employment OK
  • LLC, corporate lending
  • Unique property types OK (log homes, rural, shipping containers, geodesic dome, earth OK) 


For more information about rates and products, contact your loan advisor to make an appointment to discuss which program is best for you. Doc check list Request consultation