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.

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%
Loan Terms
6 months to 18 months
Origination Fees
1% to 5%
Lien Position
1st
Collateral Types
  • Residential Property
Loan Purpose
  • Investment Acquisition
  • Improve Subject Property
  • Value Add Project
Property Occupancy
  • Vacant

Property Types

  • 2-4 Units Residential
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction

Max Loan-to-Purchase Price

80%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Another Investment Property

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

80%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

3

Maximum After Repair Value

75.00%
We will consider ground-up construction loans nationwide on a case-by-case basis.

Development Experience Required

no

Minimum Number of Ground-Up Construction Projects Completed by Borrower

0

Max LTC for Ground-Up Construction Costs

0%

Will Lend on Partially Completed Construction Projects

no

Details and Requirements

Typical Closing Time (Days)

7

Fastest Closing Time (Days)

2

Payment Structure
  • Interest Only
Pre Payment Penalty

no

Will lend to a foreign national

no

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

no

Will Consider Collateralizing Multiple Properties in One Loan

no

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
Documentation Required
  • Credit Report
  • Tax Returns
  • Bank Statements
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

no

Appraisal Required for Residential Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Never

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 Testimonials

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With over $8.5 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 48 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.

At Anchor 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.

With Anchor financing comes the dependability of a reputable, experienced lender for fix-and-flip and related hard money real estate investment financing, as well as the experience and expertise of a team that can help you manage your projects and your business successfully.

Our Real Estate and Mortgage 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, Idaho Mortgage Broker/Lender License No. MBL-2081401101, 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 . Anchor Nationwide Loans, LLC (License No. 11946075) is licensed in Utah as a Mortgage Entity License

License

NMLS ID #1401101, CA DRE #01980445

Company Size (Number of Employees)

150

Year Established

1998

Associations

  • California Mortgage Association

Office Locations

Anchor Loans, LP
One Baxter Way, Suite 220, Thousand Oaks, California 91362

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
  • Bank Credit Line
Loan Structure for Majority of Loans
  • Own Balance Sheet
Total Number of Loans Funded to Date

23500

Total Loan Volume Funded to Date

$8,113,186,347

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

Get In Touch

Anchor Loans pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$50,000

What We Do

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

Not Available

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

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