LOAN CRITERIA
- Types of Loans:
First Trust Deeds only
- Types of Properties:
Apartments, non-owner occupied houses, industrial, commercial and special purpose properties
- Location:
California only
- Loan Amounts:
Typically from $500,000 to $12,500,000
- Interest Rates:
7.9% to 9.9% interest only
- Origination Fee:
Lone Oak Fund determines the amount of the origination fee based on the quality and location of the property, credit worthiness of the borrower, the amount of the loan and loan term.
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Loan Maturities:
12 months with extensions available
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Loan to Value:
Up to 60%
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Lending Area:
Southern CA, Northern CA
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Closing Costs:
Standard third party costs such as title and escrow
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LONE OAK FUND, LLC
11611 San Vicente Boulevard
Suite 640
Los Angeles, CA 90049
P: 310.826.2888
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