VA Loans
Serving the heroes who served us.
To our heroes in uniform, we’re here to serve you as devotedly as you’ve served our country. Let’s unlock the door to your dream home together.
Serving in the US Armed Forces or National Guard provides Veterans and Service-Members earned entitlement benefits with the VA Loan program. These mortgage loans are guaranteed by the US Government and are designed to promote homeownership and long-term financing to eligible veterans and their families.
We are proud supporters of US Veterans and the efforts to expand homeownership opportunities. We provide our product expertise, local market knowledge, and client centric focus to help you realize the dream of homeownership.
• No down payment
• More forgiving debt-to-income ratio
• No mortgage insurance
• May require VA Funding Fee
USDA Loans
Enjoy rural living
Imagine owning a home amidst the tranquility of rural America – a USDA Loan can make this serene dream a reality. Backed by the Department of Agriculture, these loans are designed for aspiring homeowners in less industrialized areas, covering over 97% of the US. From cozy cottages to sprawling estates, a variety of property types await in towns with typically fewer than 35,000 residents. Navigating the USDA Loan’s unique criteria, like household income limits and property location, can be tricky, but that’s where we shine. With no down payment required and a commitment to making rural homeownership accessible, we’ll guide you through each step to ensure both you and your home fit perfectly within USDA’s welcoming embrace.
Fee
Jumbo Loans
Big dreams, big solutions.
Stepping into the realm of high-value real estate? Jumbo loans are your key to unlocking the doors of luxurious and higher-priced homes. Designed for loan amounts exceeding local conforming limits, these loans cater to those eyeing properties in more costly areas or expansive estates. While they come with stricter guidelines, including higher credit scores and reserve requirements, they also open a world of possibilities in real estate. At Ocean Oaks Lending, we understand the intricacies of jumbo loans. We’ll walk you through options like combined mortgages or piggyback loans and use smart, easy-to-understand analysis to find the best path for your grand home aspirations.
Bank Statement Loans
Freedom for the self-employed.
Running your own business shouldn’t be a barrier to homeownership. I understand that traditional loan applications might not reflect your true financial potential, especially after business write-offs and deductions. That’s where Bank Statement Loans come in. Tailored for the self-employed, we assess your income based on 12 or 24 months of personal or business bank statements. This approach focuses on your actual cash flow, not just the income on paper. You keep focusing on growing your business; we’ll focus on unlocking the door to your new home.
Construction Loans
For renovations / Construction
Dreaming of a home that’s uniquely yours?
With a One-time-close Construction Loan, you’re covered for not just the construction of your new home, but also the land on which it stands. This loan is designed for those who envision more than just a house – those who see a future in every brick and beam.
If improving an existing home is more your jam, then a limited or standard rehabilitation loan could help you purchase the home and improvement costs all in one loan.
From securing the perfect plot of land to laying the last tile, we’re here to finance every step of your journey towards building your dream home.
Conventional loans
Embrace Flexibility
Choosing a conventional loan means choosing stability and flexibility for your home financing journey. Ideal for those planning to stay in their home beyond the short term and with good credit, the conventional loan is your pathway to a consistent and predictable homeownership experience. Not just confined to the standard 30, 20, or 15-year options, our custom loan terms let you tailor your mortgage to fit your life perfectly. Whether it’s aligning with your retirement plans or matching your next career move, we craft loan scenarios that align with your unique timeline and goals. Fixed rates, stable payments, and the simplicity of principal and interest in one – it’s home financing that grows with you.