Ocean Capital Lending, LLC offers down payment assistance to first time home buyers, community partners and veterans across the entire state of Florida. We offer it across all FHA/VA loans with 3.5% down and 0% down, plus conventional as low as 3% down. Option 1 – First Time Homebuyer $5,000 maximum subsidy 4 : 1 […]
Home Construction and Land Loans
Ocean Capital Lending offers residential construction to perm financing under conventional, FHA and VA, USDA and portfolio/private for primary and 2nd/vacation homes. Our capabilities include conventional loan limit sizes along with jumbo. We can structure the land acquisition together with the purchase, or refinance the current lot as a cash out for development costs. Spec […]
Foreign National / NRA
Guidelines: • Terms: ARMS/Fixed available • 2nd Home and Investment Properties Allowed • Down payment options (LTV): Min 25% – 50% by program type, program, rate • No minimum loan size up to $20M • Debt to income ratios 43 – 50% Max • Valid visa and passport from country of origin • No income […]
Physician and Doctor Loans
Loan amounts: Up to $1,500,000 Up to 97% Loan to Value Deferred student loans OK Eligible Borrower Types: At least one borrower must hold one of the following valid license types: • Medical Resident (Educational License)• Medical Doctor (MD)• Doctor of Dental Surgery (DDS)• Doctor of Dental Medicine (DMD)• Doctor of Optometry (OD)• Doctor of […]
Fix and Flip Loans
Fast Financing For a Fast-Paced Market Ocean Capital Lending, LLC’s fix-and-flip loans can provide the cash you need to grow your real estate portfolio. Benefits include: Get cash from rehab projects – loans from $75K to $25 million No hurdles – flexible loan options designed to meet your strategic needs 1 – 4 units Advantages of OCL and Flip […]
Native American Housing Loans
The Native American Conventional Lending Initiative (NACLI) supports lending on fee-simple, federally restricted trust lands, and tribally restricted fee simple lands. We work with conventional (or non-government-backed loans) as well as government-backed loan products of the U.S. Department of Housing and Urban Development (HUD) and the Rural Housing Service (RHS) to better serve the housing […]
HomeStyle and Freddie Renovation Mortgage
A Cost-Effective Way to Renovate Your Home Are you looking to purchase a home that needs renovation? Or, do you need to fund renovations on your current home? A HomeStyle® and Freddie Renovation Mortgage can help meet your needs. The HomeStyle and Freddie Renovation Mortgage is a cost-effective and convenient way to combine home purchase […]
HomeStyle Construction-to-Permanent Mortgages
One Mortgage Takes You Through Building and Living in Your New Home Americans are building new homes at record levels. With a HomeStyle® Construction-to-Permanent (C-to-P) Mortgage, you can be one of them. You can finance the purchase of land, construction of a new home, and a permanent mortgage at one time. This saves you money […]
Home Equity Conversion Mortgage (HECM)
HUD’s Home Equity Conversion Mortgage lets homeowners aged 62 or over, with little or no remaining balance on their mortgage, convert their home’s equity into cash. The equity can be paid to the homeowner as a lump sum, a stream of payments, a series of draws from a line of credit, or a combination of […]
Biweekly Mortgage
A Mortgage with Affordable Payments and Faster Reduction of Principal Let the calendar work for you! With a Biweekly Mortgage, you make a mortgage payment every 14 days, instead of once a month. The result? By making smaller payments more frequently, you will pay off your mortgage sooner and save thousands of dollars in interest […]