FAQs Archive - North Oak Investment

Q: Is North Oak a direct lender or a broker?

We’re a direct lender , not a broker. That means we use our own capital to fund your deal. You’ll work directly with our team here in Kansas City, which makes approvals faster, fees lower, and support more accessible.

Q: Can I get a loan if I have bad credit?

Yes, possibly. Because we’re an asset-based lender , we look at the deal first. We do a soft credit pull, but we can often work with borrowers who don’t qualify for traditional financing.

Q: What is the loan-to-value (LTV) ratio for a North Oak Investment loan?

[fusion_builder_container type="flex" hundred_percent="no" equal_height_columns="no" hide_on_mobile="small-visibility,medium-visibility,large-visibility" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" parallax_speed="0.3" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" border_style="solid"][fusion_builder_row][fusion_builder_column type="1_1" type="1_1" background_position="left top" border_style="solid" border_position="all" spacing="yes" background_repeat="no-repeat" margin_top="0px" margin_bottom="0px" animation_speed="0.3" animation_direction="left" hide_on_mobile="small-visibility,medium-visibility,large-visibility" center_content="no" last="no" hover_type="none" min_height="" link=""][fusion_text] The loan-to-value ratio for a North Oak Investment loan can vary depending on the property and the borrower's creditworthiness. Our repeat customers can get up to 80% LTV. We'd love to talk through your deal with you to see what is possible for you. [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Q: What are the loan terms?

Our standard loan term is 6 months , though some projects may be structured for up to 12 months. Hard money loans are designed to be short-term solutions that help you buy, renovate, and sell quickly. Give us a call at 816-249-1001 to speak to a North Oak loan officer or fill out a loan application to start the conversation with us about your deal.

Q: What is the interest rate for a North Oak Investment loan?

The interest rate for a North Oak Investment loan can vary depending on a variety of factors, including the borrower's credit score, the type of property being purchased, and the loan amount. Generally, interest rates for hard money loans are higher than traditional bank loans.