Anchor Loans Review

Our Summary

Flexible credit guidelines
5-10 day closing period
Fix and Flip focus
Experience required for individual investors

Anchor Loans is a California based, leading private lender to fix-and-flip investors. The company has been in business for over 22 years, funding 24,000 total loans adding up to $8.3b in value. Anchor provides over $1b in hard money loans each year and was the first to do so in 2016.

Anchor’s specialty is fix and flip, but it also offers construction loans, bridge loans and commercial loans. Fix and flip loans are focused on residential 1-4 unit properties and can fund in as little as 5-10 days. Loans range from $50k to $20M at up to 90% of purchase and repair cost (depending on state); interest rates start at 8% and 1.5 origination points