We’ve used Anchor Loans now for the third time and we have to say that our experience with them has been great. After the initial account sign up process, all of our deals have funded within a couple of days.
Tim N
Investor
Seven business days from application to close! I am impressed, and I thank you and your team for their diligence in making it happen! I will be spreading the word...you and your team can absolutely work quicker than the rest!
Matt F
Investor
Anchor Loans was able to fund my deal within a couple days. I would have lost my deal if I had not found them on time. Great support through the process from their processing team.
Flexible Loan Options for 1-4 unit properties
Custom terms and multi-staged options from acquisition to final stabilization
Long-term, short-term and vacation rentals
Up to 18 months on construction phase
Rental phase 30-year fully amortizing or 5-year IO with 25-year amortizing
$100,000 to $2 million loan amounts
Up to 92.5% LTC on construction costs
Up to 75% LTV on rental phase (as-is-value)
1.0x DSCR minimum for rental phase
Not Just a Lender, a Business Partner. Not Just a Lender, a Business Partner
The Anchor Difference: Not Just a Lender, a Business Partner
FastFunds in as few as 10 days
Flexible Loan terms tailored to your needs
DependableCustomer-service driven and trusted since 1998
DedicatedExpert processing teams
The Essentials for Approval
Experience: Novice to Pro
Easy pre-approval for investors with 3 or more successful construction projects in the last 18 months. We'll tailor a solution that works best for you.
Down Payment
Depending on investor experience and the property, down payment requirements will vary.
Project Details
Submit your project's purchase price, rehab costs and estimated value of the property after repairs to receive a customized quote within 24-48 hours.
Your Credit Score
Minimum 660 required, but having good credit has its perks.
The Anchor Process
01
Tell us about you
Complete our free online application in as little as 10 minutes. Rates and terms are dependent on your application details. The more information you provide, the more options we can provide you with.
02
Tell us about your deal
Submit any deal specific information, including your purchase contract, estimated repair budget and any transaction documents you may have. We’ll take care of the rest.
03
Fund your deal
Once you approve the terms, loan docs are signed and escrow is ready to close, we'll fund the deal. Congrats, you're now officially an Anchor customer!