OUR INVESTMENTS

What We Buy

1 Oak has developed a unique and defined investment model for purchasing defaulted mortgages.

What Type of Defaulted Second Mortgages Do We Purchase?

Throughout the years, 1 Oak has developed a unique and defined investment model for purchasing defaulted mortgages. Our team carefully examines all relevant factors behind the second mortgage, from collateral loan review to bankruptcy audits.

We have included a detailed chart below that describes our performing and non-performing criteria in greater detail. For any questions regarding our criteria, please contact our team directly.

Pricing Factors for Mortgage Notes

Unlike today’s real estate market, the contract price of a portfolio is a confidential matter. Each party is obligated to keep the terms, conditions and pricing of the transaction confidential. The most common question asked of 1 Oak is:

At our firm, determining risk is key. Therefore, we are honest and upfront when pricing out trust deeds. Below are the top areas to research when compiling due diligence:

What will the market pay for these mortgage notes?

Home values are based on homes sold prices, public records of assessed values of homes near the address, and area real estate.

This is the price at which you could sell your property to a willing buyer. The best method of determining fair market value is to compare the prices others have paid for something comparable.

This Deed of Trust is the primary lien against the real estate, taking precedence to all other mortgages. Understanding the terms, loan balance, modifications (if applicable) and payment status is vital when underwriting the risk of the investment.

This Deed of Trust is a subordinate claim to another mortgage on the subject property against the real estate. Underwriting the risk of the investment requires an understanding of the terms, loan balance, any applicable modifications and payment status.

The credit report is a summary of the borrower’s financial history and is a great point of reference for investors to assist them in evaluating whether the borrower is a good credit risk.

Investors will review the original mortgage security documents covering the item(s) pledged as collateral on a loan, i.e., Note, Deed of Trust, Assignment, Lender Policy, Allonge, etc.

Title company will search for any outstanding mortgages, liens, judgments, or unpaid taxes associated with the property, as well as any restrictions, easements, or other issues that might impact ownership.

The PACER Case Locator is a national index for U.S. district, bankruptcy, and appellate courts. The index will determine whether or not a party is involved in any federal litigation.

This review is an indication for lenders to determine whether the individual is a risk due to a history of late or missed payments.

 

Investment Characteristics

Learn More About Second Mortgage Investing

At our firm, determining risk is key. Therefore, we are honest and upfront when pricing out trust deeds. Below are the top areas to research when compiling due diligence:

 

​Strategy Planning & Optimization

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​Goal Setting ​& Working On Them

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​Working Power & ​Recruitment

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Brainstorming & Discussing Ideas

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CHARACTERISTICS PERFORMING (CASH FLOWING) DEFAULTED (DELINQUENT)
ASSET TYPE
Second Mortgage and HELOC's
Second Mortgage and HELOC's
GEOGRAPHY
California
California
PROPERTY TYPE
Residential
Residential
ORIGINATOR
Bank, Institution, or Private Investor
Bank, Institution, or Private Investor
LOAN SIZE
$20,000.00 - $1mm
$20,000.00 - $1mm
FIRST MORTGAGE STATUS
Current or Past Due
Current, Past Due, or In Foreclosure (OK)
PAY HISTORY - MODIFIED LOAN
1 Month History (OK)
90 Day's Past Due + (OK)
PAY HISTORY - CH 13 BANKRUPTCY
1 Month Pay History (OK)
90 Day's Past Due + (OK)
FIRST MORTGAGE LTV
<65% of Value
<65% of Value
SECOND MORTGAGE CLTV
<90% of Value
<120% of Value
DELINQUENT AMOUNT
No Minimum or Maximum
No Minimum or Maximum
FORECLOSURE HISTORY
NOD or NTS Filed in Past (OK)
Actively in Foreclosure (OK)
BANKRUPTCY HISTORY
Chapter 7: Discharge (OK) Chapter 13: Active or Discharge (OK)
Chapter 7: Discharge (OK) Chapter 13: Active or Discharge (OK)

Law & Legal Counseling

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Help With

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We Mange That

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Extra Service Point 2

Extra Service Poinnt3

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If You're Not Sure

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WE WORKED WITH:

AREAS OF EXPERTISE

Areas that our team mastered

​SATISFIED CLIENTS

​Words from our clients

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Luka Brozganov
Business Counseling
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Mathew McRogahee
​Public Relations Management
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Business Counseling

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