Anchor Loans, LP

Anchor Loans is a private lender based in Thousand Oaks, California, specializing in residential real estate financing for investors since 1998. With over $22 billion funded, they provide flexible loans for fix-and-flip projects and new construction across 47 states, excluding South Dakota, Utah, and Vermont.

Direct Lender for Residential Real Estate Investors

With over $8 billion in total life-to-date loans funded, Anchor became the industry’s first to lend over $1 billion to fix-and-flip investors in a calendar year in 2016 and remains an industry leader, providing over $1 billion in fix-and-flip financing every year since.

Operating since 1998, and now lending in 47 U.S. states and D.C., Anchor Loans has become a leading fix-and-flip lender by providing real estate investors with quick, dependable and flexible financing options for their fix-and-flip investments.

We work with you to finance your investment whether you are going to flip it or build and sell a new construction project. Anchor Loans provides financing for single family or 1-4 unit properties. Our rehab loan terms are 6-12 months.

Please note: we do not offer loans for land or owner-occupied homes.

Common Loan Scenarios

Fix & Flip, New Construction Loans
Residential & Multifamily Properties
LTP up to 80% + 100% LTC
20% Cash Down Payment Required
NO Prepayment Penalty

Scenarios Not Considered

NO 100% Financing
NO Gap Funding or 2nd Mortgages
NO Owner-Occupied Homes
NO Land Loans
NO Rural Areas

Details and Requirements

Property Geographic Area Details

We offer residential rehab loans nationwide except SD, UT, VT.

Loan Amounts

$50,000 to $5,000,000

Interest Rates

8% to 13%

Origination Fees

1% to 5%

Loan Terms

6 to 18 months

Lien Position

1st

Credit Check Required

Prepayment Penalty

Typical Closing Time (Days)

Fastest Closing Time (Days)

Payment Structure

Interest Only

Personal Guaranty (Recourse) Required

Always

Borrower Entity Types Considered

Individual(s)
LLC
Limited Partnership
Trust
Corporation

Documentation Required

Credit Report
Tax Returns
Bank Statements
Financial Statements
Loan Application

Appraisal Required for Residential Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Will Consider Collateralizing Multiple Properties in One Loan

Will lend to a foreign national

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

Will Consider Equity Joint Venture

Collateral Types

Residential Property

Loan Purpose

Investment Acquisition
Improve Subject Property
Value Add Project

Property Occupancy

Vacant

Last updated: August 5, 2026

Legal Disclaimer

Additional Relevant Licenses: Anchor Capital Partners, Inc: California BRE Corporation License #01980445, Anchor Nationwide Loans, LLC National NMLS license # 1401101, ANI State NMLS Licenses : Arizona Mortgage Banker License #0932197, Florida Mortgage Lender Servicer License MLD1315, Minnesota Residential Mortgage Originator License MN-MO-1401101, Minnesota Residential Mortgage Servicer License MN-MS-1401101, Nevada Mortgage Banker License 4295, Nevada Mortgage Broker License 4296, Nevada Supplemental Mortgage Servicer License 4430, Oregon Mortgage Lending License ML-5527, Idaho Mortgage Broker/Lender License No. MBL-2081401101

Anchor Loans’s Lending Activity

Data Provided By Elementix

12mo Loan Volume

$7,115,917,869

12mo Loan Count

2,010

Total Loan Volume

$24,902,446,198

Average Loan Size

$886,397

Loan Count by State (Past 12 Months)

CA: 1,118, TX: 64, NC: 206, FL: 151, TN: 36, NV: 102, GA: 258, WA: 32, AZ: 40, UT: 3

Data provided by

| Disclaimer

Anchor Loans is one of the nation’s largest private direct lenders, providing financing for residential real estate investors, builders, developers, and brokers across the United States.

Company Quick Facts

Company Type: Private Real Estate Lender
Year Founded: 1998
Headquarters: Thousand Oaks, California
Company Structure: Direct lender with in-house underwriting, capital markets, servicing, and loan operations.
Service Area: Nationwide except SD, VT
Primary Borrowers: Residential real estate investors, builders, developers, and mortgage brokers.
Industry Focus: Residential real estate investment, development, construction, and housing finance.
Loan Volume: Has funded more than $20 billion across more than 38,000 residential real estate projects.
Institutional Backing: Majority-owned by Pretium since 2021.
Company Heritage: Originally founded by real estate entrepreneurs and professional poker player Steve Pollack, who helped build the company into one of the largest private money lenders in the U.S.

Anchor Loans, LP (DFPI CFL License No. 603K850 and NMLS ID No. 2289894), Anchor Nationwide Loans, LLC (NMLS ID No. 1401101), and its affiliates, make and service loans for business purposes only.

Office Locations

Anchor Loans, LP

112 S Lakeview Canyon Road, Suite 200, Thousand Oaks, California 91362

Connect with Anchor Loans, LP:

Our Team

Lance Spencer

VP of Loan Originations

NMLS - 882379

Shane Lex

VP Loan Originations

NMLS - 1042366
CA DRE - 01780363

Ching Yu

Account Executive

NMLS - 1178664

Tom Taylor

Account Executive

Gregg Kennedy

Account Executive

David Rubin

Account Executive

NMLS - 1568611
CA DRE - 01977299

Alex Fuentes

Account Executive

Malcolm Henry

Account Executive

Arnell Howard

Account Executive

Derrell Johnson

Account Executive

Rich Rano

Account Executive

Garrick Richardson

Account Executive

Joshua Thompson

Account Executive

Jamela Wilkes

Account Executive

Shawn Wilson

Account Executive

Our minimum loan amount is $50,000

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