Anchor Loans, Inc.
- Mike Urban
VP, National Lending
Long Term Rental Loan | |
| Property Types | SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $2,000,000 |
| Terms | 30 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| General Pricing or Guideline info | - 1-4 family properties, up to 20 properties per loan. - Long-term, short-term and vacation rentals. - Purchase, refinance or cash out refinance. - 30-year fixed or Interest Only options. - 1, 3 or 5-year prepay penalty options. |
| Updated as of | 2024-02-23 |
Rehab Loan | |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $10,000,000 |
| Points Minimum 1st TD | 0.75 |
| Points Maximum 1st TD | 3 |
| Terms | 1 year, 18 month |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| General Pricing or Guideline info | - 1-4 unit residential. - Up to 100% of rehab cost. - Speedy draw process. |
| Updated as of | 2024-02-23 |
Construction Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $10,000,000 |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 3 |
| Terms | 1 year, 18 month |
| Updated as of | 2024-02-23 |
Summary of all Guidelines | |
| Loan Types | Construction Loan, DSCR Loan, Rehab Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Maximum Units | 10 |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 8% |
| Interest Rate Maximum | 13% |
| Terms | 1 year |
| Prepayment Penalty | None |
| ARV Rehab & Construction | 70 |
| LTC Rehab | 85 |
| Intended Occupancy | Non-Owner |
Are you looking to empower your real estate investor clients and scale your business? We invite you to join Anchor's Third-Party Origination (TPO) Channel! Expand your suite of loan solutions and get more loans funded faster.
Working with Anchor means:
Fast, Reliable Lending:
Owned by a $50B real estate asset management company, Anchor is positioned to help third-party originators scale their businesses and reliably fund their client's real estate investment projects.
A Streamlined Process:
A true “Plug and Play” experience - you’ll quickly notice how easy it is to approve and fund loans with dedicated processing teams that value your
and your client’s time.
A Foundation to Scale: We have the product diversity, experience, and dependable capital to support the growth of your origination business. We set up this channel for you to scale, and we’re dedicated to our mission.
Higher Loan Amounts and Leverage: Get loans up to $10M plus higher leverage for better project outcomes.
Explore our competitive programs online:
Bridge Loans:
Up to 80% LTV on 1 - 4 unit single family residential properties nationwide, and up to 9 unit multifamily residential properties in California
Fix and Flip Loans:
Up to 90% of purchase price, up to 100% of rehab costs
New Construction Loans:
Up to 85% LTC
Single Lot Spec, Infill, Small Lot Subdivision
Single-Family Rental Loans:
Up to 80% LTV (as-is-value)
Expand your offerings, impress your clients, and scale your business with Anchor Loans:
Anchor Loanss, Inc. is located in Cerritos, CA. They offer financing for Construction Loans, DSCR Loans and Rehab Loans. The property type they primarily lend against is 2-4 Units and SFR. Their minimum loan amount is $1,000,000. Their maximum loan amount is $10,000,000. They offer loans for a minimum Term of 6 months. Maximum duration of 1 year. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 13%.
These descriptions are limited information and meant for general reference purposes.