Home > Loan Programs
The OceanTrust Advantage
Here Are Some Of the Loan Programs We Offer at Ocean Trust Mortgage
Residential
First Time Homebuyers
Community Assistance Programs - $500 or 2% is all you need to close
Community Home Buyers (3% Down Payment) And First Time Home Buyers Programs
Owner Occupied - Purchase/Refinance
Conventional for 1-4 Units, Second Mortgages And Credit Lines up to 125% Loan to Value
Rate/Term Refinance - lower your payments
Cash Out Refinance - borrow from the equity and get a new rate, to pay for remodeling, investing, or other purposes
Corporate Relocation Program (Domestic / International)
Second Home or Investment Home - Purchase/Refinance
Conventional
No Income Qualification
For Special Credit Needs
Foreign National Buyers 80% Loan to Value
100%, 103%, 107%, 125% Financing Loans With Good Or Poor Credit (Full Doc or Stated Income)
Non Conforming Loans - No Income And No Asset Verification
Hard Equity Loans (No Credit, No Source of Funds or Income Required)
Construction Loans and Acreage
Construction, Construction Perm, Mobile Home And Land or Lot Loans
Commercial Loans
Hard Equity Loans (No Credit, No Source of Funds or Income Required)
High Rise Condos And Condo Hotel Conversions Conversions (non-conforming Programs)
Commercial Loans With Good Or Poor Credit, Fixed Rate Fully Amortized, or Adjustable Rates Available (Apt. Building, Gas Station, Hotels, Churches)
Business Lines of Credit, & SBA Loans
International Loans For Business From 5 Million to 1 Billion USD