Oak Capital

Beware! – I borrowed substantial sums from Oak Capital Mortgage Fund Limited and Oak Capital Wholesale Fund Limited, which are part of the Oak Group of companies, through an introduction by my finance broker. Unfortunately, the broker's conduct and the Oak Group's unconscionable lending and recovery practices have devastated my family and I.   Specifically,… Read more

the broker prioritised his interests over mine as the borrower. The Oak Group and their lawyers, in my opinion, set me up to fail, and starting with the misleading ‘letter of offer’ and their brutal enforcement of the securities, I never had any opportunity to extract myself from their clutches.   It has come to my attention that Oak Capital Mortgage Fund Limited and Oak Capital Wholesale Fund Limited offer substantial commissions to mortgage brokers, leading to a conflict of interest where the brokers may not act in the best interest of the borrowers. I attempted to opt out of the loan offers within 48 hours after signing, only to face unexpected tax invoices exceeding $100,000 and property caveats by the Oak Group of companies.   The situation escalated further when I received a default notice from Oak Capital Wholesale Funds Limited lawyers 3 days after missing a payment, resulting in the rapid repossession of one of my properties within 24 hours of issuing a default notice. To make matters worse, my home was visited by intimidating individuals sent by Oak Group just days after missing a payment, causing distress to my family, including my wife and two young children, 1 and 3 years old.   Oak Capital Mortgage Fund Limited and Oak Capital Wholesale Fund Limited refused to accept a refinancing option on two loans and chose to appoint an administrator over two properties, which unfortunately made it impossible for my building company to continue trading.    Oak Capital Mortgage Funds Limited and Oak Capital Wholesale Fund Limited have refused to provide any statement of account to show where approximately $10,000,000.00 has been allocated after selling my properties and receiving funds from other properties I had sold, for which Oak Group of companies had no mortgages. Even after Oak Group sold my properties, between $500,000.00 - $1,000,000.00 less than what I paid or what they valued. My loans were for approximately $7,000,000.00. This left me to issue court proceedings against Oak Capital Mortgage Fund Limited, Oak Capital Wholesale Fund Limited and a company in the Oak Group to obtain a Court order for a full accounting of all related transactions. Oak’s response was to appoint a receiver over my company, which I am fighting to have removed through the courts.   I wanted to reach out and offer my support and assistance. If you've faced similar challenges with the Oak Group of companies, please don't hesitate to contact me.   It's essential to have the right help in these challenging times. I recommend contacting Michael Landy from Eagle Financial Solutions. He has been a great support to me and might be able to assist you in moving forward.   Peter Aquino Construct Homes Pty. Ltd.

They use the banks and align themselves to get your trust – They got through the gates as short term lenders under disguising themselves as a bank type lender and I continue to complete my research until they are confronted , I am so happy others have read my reviews please continue to reach out!!! Show details

First Class Company offering a Premium Product – I have now taken out my second Loan with Oak Capital. Each time Andrew and Credit team has bent over backwards to get the loan approved in record time. No Bank would ever lend on an Investment loan with my Irregular income, so opportunity would be lost. Offering a premium product so charged accordingly . Always get advise before you sign documents, all charges are disclosed. Show details

[content removed] BEWARE and STAY AWAY! Oak Capital are frauds. There is definitely something shifty going on in this company. None of the teams on their website make sense. We’ve been dealing with someone by the name of [name removed] but he’s nowhere to be seen in their LinkedIn or their website OR anywhere and you have no idea who the hell is… Read more

he and what positions he has. One of the solicitors they’re using is called Summer lawyers/ Kingston partners [name removed]. Oak capital and the mentioned law firm are together to steal your money, and they have no limits.

BE CAREFUL you don’t get caught up in their dirty business.

What a disgrace of a company over all ZERO SHAME ON YOU

Rude and arrogant – These people don't return your calls, treat you with disdain and offer no sense of professionalism. They would not discuss with me my problem and left a difficult situation unresolved. I would not recommend them to anyone.