About Us
The Oaktree Difference
Plenty of lenders offer second lien products—but here’s where Oaktree stands apart:
- Common-sense underwriting: Our team looks beyond the numbers and applies real-world logic to each file. We understand the entrepreneurial borrower and self-employed landscape.
- No overlays on key items: Where others might have layers of unnecessary restrictions, we streamline the process to get loans done faster and cleaner.
- Support you can count on: We pride ourselves on fast turn times, direct access to decision-makers, and a hands-on approach that helps loan officers close more deals—without surprises at the 11th hour.
History of Oaktree Funding Corp.
Founded and established by Ray Scott in 1989, Oaktree Funding Corporation is a multi-state licensed Mortgage Banker offering a wide variety of home loan products and services. Oaktree Funding is currently approved with several government agencies allowing for an even further breadth of product availability. Oaktree is HUD approved to offer FHA and Reverse Mortgages, USDA approved for their Loan Guarantee Program, VA approved to proudly offer loans to our Veterans, and Oaktree has numerous investor relationships.
Oaktree Funding Corporation generates volume and business through our three channels of operations: Wholesale, Correspondent, and Retail Lending. Our multi-channel approach to lending allows us to serve a wide range of customers from our broker clientele, to our large banking customers, as well as our individual customers through our retail channel.
We pride ourselves on our reputation of professionalism, compliance, and work ethic on our client’s behalf. We feel that in this business, reputation is everything. That is why we stand behind our work and hold our associates to a very high standard.
Oaktree Funding takes great pride of our team’s ability to persevere through the dramatic environment the housing and mortgage market went through in the late 2000’s. Together, the Oaktree team worked fast to adapt and prevail by developing a make sense strategic business plan, implementing the necessary changes, and rapidly adjusting to the incredibly changed marketplace.
Our strategy is simple; we are dedicated to doing it right, every time. From our core values: communicate openly and honestly, strive for excellence, to our quality standards, we strive to be the best. We have invested heavily in our technology, trained our associates, established proficient policies, procedures, and practices, and are poised to exceed your expectations. Our continuous improvement perspective further supports our infrastructure in serving the customer in a results oriented manner.
Oaktree Funding Corporation continues to expand nationally as we remain committed to our original founding principles and vision.