Looking for Los Angeles CA Private Mortgage Fund?
Lone Oak Fund, LLC is a private mortgage fund making short-term bridge loans between $250,000 and $10,000,000 on properties in California. If you're buying in California and want a bridge loan from a portfolio lender, call Lone Oak Fund.
Among the product offerings that Stephan brings to his clients is Lone Oak Fund’s new Line of Credit program, a line of credit for buyers of houses from banks and at Trustee Sales, with credit lines from $1.5M to $10M, and loan amounts from 50 to 60 percent of the purchase price, at 8.9% interest only.
As an investor in the fund itself, Stephan brings a unique perspective to his role at Lone Oak Fund, having also spent many years on both the residential and commercial sides of real estate and as both broker and lender. He generated over $100 million in loans for Lone Oak Fund before joining the firm late in 2002. Since then, he has closed over $800 million in commercial, residential, and REO real estate loans with Lone Oak Fund.
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