LoanStream launches new dba, GIANT Lending

OCMBC Inc., dba LoanStream Mortgage, announced on Monday the retirement of its dba, Jet Advantage Mortgage, and the official launch of GIANT Lending.

According to a press release from the company, the new identity “underscores the division’s mission to equip brokers with the strength, resources and support they need to thrive in any market.”

“With this launch, we’re sending a clear message to the broker community: we are here to stand tall with you,” said Michael Turturro, president and founder of GIANT Lending. “Our name now matches the scale of our commitment — to deliver the tools, products, and guidance brokers need to grow and succeed.”

Rabi Aziz, the CEO of OCMBC, added: “The launch of GIANT Lending represents a bold new chapter in our growth and our vision for the future. We’re investing in innovation, service, and long-term partnerships to ensure brokers have a GIANT advantage in every market cycle. When brokers succeed, we all succeed.”

Per the GIANT website, the dba is licensed in every state except New York and is headquartered in Costa Mesa, California.

In September 2024, LoanStream acquired defunct retail lender HomeStar Financial, which suspended its operations in late 2023 due to mortgage volatility and margin compression.