Anchor Loans LP is a private direct lender to fix-and-flip investors with over $5.3 billion in loan fundings since 1998. Their rates range from 8% – 13%. They can lend up to 75% LTV and 70% ARV, and they can fund loans in 2-5 days. They have generally positive reviews on Facebook and Yelp.
Lender Information
| Business Name | Anchor Loans LP |
| Business Website | anchorloans.com |
| Business Address | 5230 Las Virgenes Rd. Suite 105, Calabasas, CA 91302 |
| Business Phone | 888-412-6246 |
| Business Email | info@anchorloans.com |
| Business Established Year | 1998 |
| Social Media |     |
Anchor Loans LP Rates & Terms
| Types of Properties | Single-family residence Multi-family residence 5+ units Commercial properties |
| Loan Amount | No minimum and maximum amount indicated |
| LTV | Up to 75% |
| ARV | 70% ARV |
| Interest Rates | 8% - 13% |
| Lender Fees | Origination fee of 2%-4% |
| Loan Terms | 6-12 months |
| Minimum Qualifications | Proven track record of at least 5 flips in the last 18 months Investors are responsible to come in with at least 20% of acquisition costs. Good credit is an advantage |
| Typical Time to Funding | 2-5 days |
| Other Financing Available | Purchase loan Refinance Rehab fix & flip loan Non-rehab bridge loan New construction loan Rental property loan |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
States Currently Lending In
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, Wyoming
