LA: (310) 826-2888 SF: (415) 766-6780
Lone Oak Fund
The Broker’s Lender
Who We Are
Lone Oak Fund, LLC is a direct portfolio lender founded by experienced real estate developers. Since its inception in 2003, Lone Oak Fund has focused on short term bridge loans, secured only by first trust deeds on California real estate. By maintaining a specialized niche and preserving the integrity upon which it was founded, Lone Oak Fund has established a reputation for being reliable, efficient and fair. With the increasing demand for private money, Lone Oak Fund has grown to be one of the largest private bridge lenders in California.
NEW INSTITUTIONAL BRIDGE PROGRAM
5.90% for loans $10M – $50M
GENERAL LENDING PARAMETERS
| INTEREST RATES | 7.90% – 8.90% interest only |
| LOAN TO VALUE | Up to 60% LTV |
| LOAN AMOUNTS | $1,000,000 – $50,000,000 |
| ORIGINATION FEE | 0.50 – 2.0 points, depending on loan size and length of the term |
| EVALUATION/ PROCESSING FEE |
$500 – $1,500, depending on location |
| LOAN MATURITIES | 1 to 24 months (extensions available) |
| LOCATION | California Only |
| TYPES OF LOANS | Acquisition, Refinance and Cash-Out |
| TYPES OF PROPERTIES | Non-owner occupied residential, multifamily, retail, office, industrial, vacant buildings and entitled land |
| LIEN POSITION | First Trust Deeds Only |
| PERSONAL GUARANTY | Not Required |
| PREPAYMENT PENALTY / YIELD MAINTENANCE | None |
CONTACTS
FOUNDERS
INVESTOR RELATIONS
LOAN DEPARTMENT
Lone Oak Fund, LLC | 11611 San Vicente Blvd., Suite 640, Los Angeles, CA 90049 | LA: (310) 826-2888 | SF: (415) 766-6780
© Lone Oak Fund, LLC. All rights reserved. Lone Oak Fund, LLC is licensed as a California Finance Lender under Department of Business Oversight license number 603B623.