Many lenders impose prepayment penalties on home loans to prevent homeowners from flipping properties.
Lone Oak Fund Reaches $1 Billion in Unleveraged Capital LOS ANGELES Feb. 23 2018 /PRNewswire/ Lone Oak Fund LLC a private debt fund based in West Los Angeles recently reached $1 billion in unleveraged capital. The Fund increased its capital by 18.46 percent in 2017 alone. Last year Lone Oak Fund recorded 581 loans totaling $860736000 a 13.70 percent increase over 2016. The founders Gerald A. Ducot and James A. Rothstein attribute this growth to the confidence of the Funds investors and the…
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