Expansion of Residential Lending Products
Online PR News – 22-October-2013 – Delray Beach / Florida – FOR IMMEDIATE RELEASE
Delray Beach, FL (October 17, 2013) – Ocean Capital Lending, LLC, a leading mortgage company focused on originating commercial and residential mortgage loans for its clients, announced today their expanded residential mortgage products include:
• FHA/VA Loans Down to 500 Credit Score
• Fannie HomeStyle and HomePath Renovation
• Jumbo Mortgages up to $20 Million
• 2nd Chance Mortgage Programs (BK, Foreclosures, Short-Sale OK)
• Bank Statement Mortgages for Self-Employed up to 80% LTV
• Portfolio Construction Mortgage including Speculative Projects
• Investment Residential Bridge up to 80% LTC
• Foreign National Financing
• Condo, Condo-tel and Co-op Loans
• Land and Lot Financing
These enhanced residential lending projects are designed to enable mortgage customers seeking to purchase primary or investment properties, the capabilities outside the traditional lending box which they may not otherwise qualify. This also opens the door for larger purchases and refinances that may not have been possible.
“With the scarcity of jumbo, portfolio and niche lending, our focus has always been to bridge the gap of innovative lending products to our clients in these tightened capital markets,” said Matthew Bowman, Vice President of Ocean Capital Lending, LLC.
About Ocean Capital Lending, LLC
Ocean Capital Lending, LLC, founded in 2005, has become a leading commercial and residential mortgage company providing a broad portfolio of lending products including FHA/VA, FNMA/FHLMC, SBA 504/7a, USDA and portfolio/private options. The company has rapidly built its reputation under its success and experience in the mortgage industry over the last 8 years. Ocean Capital Lending, LLC’s corporate office is located in Delray Beach, FL and is under the Ocean Capital Companies. Ocean Capital Lending, LLC is affiliated with Ocean Capital Real Estate Services Group and Ocean Capital Financial Group which also provide real estate, insurance and financial related services to its clients. For more information, please visit www.oceancapitallending.com, Company NMLS #392165).