top of page

WELCOME TO LONE OAK FUND

California's Bridge Lender

Over

$1 Billion in Capital

Over

$1 Billion in Capital

JOIN THOUSANDS OF CALIFORNIA'S TOP BROKERS

Founded in 2003, Lone Oak Fund has grown to be one of the top private money lenders in California. Our brand is equated to speed, reliability, and fairness. Our founders' expertise is backed by years of experience in lending, development, investing, management, and real estate law.

 

The Lone Oak program is simple and straightforward:

Short-term first trust deeds with no prepayment penalty, no hidden costs, and interest rates below many of our competitors.

Backed by a $1.3B Fund

We’re a direct lender with capital available to lend when you need it. Because our fund is backed by hundreds of investors, there is no need to source money for each deal. Close quicker with no unnecessary delays.

Fast Decisions

When a deal is sent to Lone Oak Fund, it is processed immediately and sent directly to the loan committee.  We underwrite and make all decisions in-house, and never require appraisals, so there is nothing to slow us down.

Creative Terms

Whether you need a loan for two years or just a month, we’re ready to help. There is never a prepayment penalty, so you don't need to worry about unexpected costs if plans change.

First Trust Deeds

FIRST TRUST DEEDS

Multifamily | Industrial | Office | Retail | Mixed-Use |

Entitled Land | Non-Owner Occupied Residential

First Trust Deeds on California Investment Real Estate

Loan Amounts

We lend up to 60% LTV with loan sizes between $1,000,000 and $25,000,000. Need higher leverage? We have strong relationships with trusted 2nd trust deed lenders who have proven their ability to close on time. We can also cross-collateralize additional real estate if needed.

Rates and Fees

Our rates range from 8.90% to 9.90% and our fees from 0.25 point to 2.00 points, depending on term length and loan size. These are real rates and fees; no surprises here

Loan Maturities

As a short-term lender, most of our loans are for 12 months, but we can go as short as 1 month and as long as 24 months. We’re also happy to offer built-in extension terms for the borrower’s convenience and peace of mind.

Loan and Property Types

We are the solution for either a time-sensitive acquisition or an urgent cash-out refinance. We can lend on multifamily, industrial, office, retail, mixed-use, non-owner occupied residential, and entitled land.

Say goodbye to...

Appraisals

 

Our team does its own internal valuations and never needs an appraisal to get a loan approved.

Sourcing Funds

 

With our unleveraged fund, you never have to worry about a last minute scramble to source capital. When we issue terms, we are ready to make the loan.

Yield Maintenance

 

"Guaranteed interest earned” and “yield maintenance” sound like different ways to say “prepayment penalty" to us. We never require any of these.

Personal Guaranty’s

 

Sometimes a personal guaranty can be a dealbreaker. Forget about them with Lone Oak Fund.

Prepayment Penalties

 

Pay us off at maturity, two weeks after funding, or whenever the situation changes requires – you’ll never have a prepayment penalty.

Retrading Terms

 

We hear about other lenders changing their terms at the last minute, leaving you with an angry borrower. Our loan documents will share the same terms as our Letter of Intent.

Lending

Lending Parameters

INTEREST RATES

8.90% - 9.90% interest only

LOCATION

California only

LOAN TO VALUE

Up to 60% LTV

TYPES OF LOANS

Acquisition, Refinance and Cash-Out

LOAN DURATION

1 - 24 months

LIEN POSITION

First Trust Deeds Only

LOAN AMOUNTS

$1,000,000 - $25,000,000

PERSONAL GUARANTY

Not Required

ORIGINATION FEE

0.25 -2.00 points, depending on loan size and length of term

TYPES OF PROPERTIES

Multifamily, Industrial, Office, Retail, Mixed Use, Non-Owner Occupied Residential, and Entitled Land

EVALUATION / PROCESSING FEE

From $750 per property, depending on location and property type

PREPAYMENT PENALTY / YIELD MAINTENANCE

None

Featured Transactions

Team

TALK TO US. WE'RE HERE TO HELP.

Loan Origination Team

What clients are saying

“Thank you, Suzie. I’m astounded you and the entire Lone Oak team were able to turn this so quickly. I’ll be singing your praises to anyone who listens.”

Robert Shallenberger

VP, Quantum Capital Partners, Inc.

“Thanks again for funding so fast and closing this property. It has made our dreams a reality.”

 

Bill Reider

General Manager, The Calvert Studios

“Working with Tyler was fantastic. He did an amazing job throughout the loan process. He made it incredibly easy and I can’t wait to work with him again.”

Jason Cole

Managing Director, CAG

Lone Oak Deal

TERMS IN A DAY. FUNDS IN A WEEK.

Tell us about your deal

Our Originators are ready to discuss your loan scenario.

Select your preferred communication channel.

Contact
bottom of page