Green Oak Capital

About Green Oak Capital

Green Oak Capital is a Bala Cynwyd, PA based private money lender. They offer loans throughout Philadelphia County, Chester County, Montgomery County, and Delaware County. They offer rental property loans, short term fix and flip loans, short term loans, and private refinancing. Their lending parameters are flexible, including loan amounts ranging from $100,000 to $1,000,000. They primarily make loans on single family residences, multi-family, and undeveloped land.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Land

Areas Served: Philadelphia County, Chester County, Montgomery County, Delaware County

Lending Guidelines for Green Oak Capital

Below are the general loan guidelines published on the Green Oak Capital website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Green Oak Capital.

Loan Example 1

Clayton takes a fix-and-flip loan from Green Oak Capital in order to renovate a condo to resale in Philadelphia, PA. The list price of the house is $380,000. As the lender agrees to a 50% loan to value, Clayton will be required to put 50% down and the amount of the loan will be $190,000. The loan also consists of these features: 1) a 12 month length, 2) a 11% interest-only note, and 3) a four point origination fee.

On top of the $7,600 origination fee, Clayton will also need to fund $190,000 of the purchase with his own funds, or 50% of the sales price. he will then pay $1,742 monthly to the lender. At the expiration of the loan, he sells the renovated house for $475,000. After deducting the $20,900 in interest expenses ($1,742 multiplied by 12 months), the $7,600 origination fee, the $190,000 principle on the loan, and the $190,000 he contributed to closing, he will earn a gross profit of $66,500 ($475,000 price minus $408,500 in costs). This amount would then be reduced by any rehab costs paid by the borrow.

Loan Example 2

Sally finds a house in Philadelphia, PA to rehab and resell. Because she does not have enough cash to buy the property outright, she takes a fix and flip loan from Green Oak Capital with the following parameters:

$150,000 purchase price
50% loan to value (LTV)
12 month term
10% interest rate
2% origination fee

Once the rehab project is complete, if Sally sells the house for $225,000, the outcome would be as follows:

$225,000 sales price
- $75,000 note principle (50% LTV)
- $75,000 cash paid at closing (50% on 50% LTV)
- $1,500 origination points (2% of the $75,000 principle amount)
- $7,500 interest payments (12 months x 10% interest)
-----------------------
= $66,000 total profit (doesn't include taxes or rehab costs)

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