First Trust Deeds only..

Commercial, industrial, apartments, residential, churches, schools and special purpose property.

California only.

Typically $250,000 to $10,000,000.

8.9% to 9.9%, interest only, based on the quality of the property, location of the property, credit worthiness of the borrower and amount or size of the loan.

Fixed for the first 12 months; Rates for terms in excess of 12 months are prime based.

Lone Oak determines the amount the origination fees based on the quality of the property, location of the property, credit worthiness of the borrower, the amount or size of the loan and loan term.

From 30 days up to 12 months with 6 month extensions, up to an additional 12 months.

Up to 60% on improved property.

Standard third party costs such as title and escrow. Typically no legal fees. Reasonable site inspection fee for properties located outside metropolitan Los Angeles and Orange County.