Home Loan Options
Ocean Lending funds loans that make sense. Whether you are trying to purchase or refinance, we offer every type of home loan under the sun. No matter your situation, we are confident we can get your loan done. Because funding loans is just what we do.
FHA Loans
FHA Loans are a great option for those with credit as low as 500, or higher monthly debt. They require a minimum of only 3.5% down. FHA loans are subject to government loan limits.
VA Loans
VA Loans are for Veterans and their families. They have 0% down loan options and great rates. VA Loans are subject to loan limits and also have NO mortgage insurance.
Reverse Mortgage Loans
Reverse Mortgage Loans are designed for seniors over the age of 62. They are government insured loans that allow seniors to access their equity to receive cash from their mortgage.
Conventional Loans
Conventional Loans are designed for the highest tier of credit and usually require 20% down to purchase, but have options as low as 3% down. Conventional Loans are subject to loan limits.
Private Portfolio Loans
Private Portfolio loans are a great option for self-employed borrowers. They have more relaxed income requirements, and only require as little as 10% down.
Jumbo Loans
Jumbo Loans are designed to help borrowers purchase or refinance with loans that are above the FHA or Conventional loan limits.
Hard Money Loans
Hard Money loans are band-aid, or temporary loans. They are primarily used for investments, or for those with unique credit situations. They generally hold much shorter terms than traditional mortgages.
