Calabasas, Calif., Nov. 27, 2017 – Anchor Loans, the nation’s number one hard-money lender to the fix-and-flip industry, has again exceeded $1 billion in loan originations in a single year. This is the second consecutive year Anchor has provided over a billion dollars of financing to real estate investors and sets a new record for the company.
“This is the second year in a row we have originated over $1 billion in loans, and this November we surpassed $5 billion total since our inception. These achievements are firsts for our industry, solidifying Anchor’s leadership in the market,” said Stephen Pollack, president, and chief executive officer of Anchor Loans. “No other lender in this space is close to matching our total loan volume, and that is a testament to the energy, dedication and hard work from everyone on our staff,” said Pollack.
Anchor’s experience, relationships and proprietary Fintech platform continue to set the firm apart from other lenders in its ability to rapidly evaluate, underwrite and fund loans, usually in as few as 3-10 business days. All of this translates into what is now the nation’s premier direct-private lender to the fix-and-flip market.
About Anchor Loans
At Anchor Loans, we bring borrowers and investors together to create mutually beneficial opportunities for all parties. We do this by specializing in the financing of rehab properties that contribute to the improvement of the neighborhoods in which those properties reside. Because we know, understand and anticipate the needs of our clients, we offer the fastest and most reliable funding options on the market, resulting in lucrative, honest and long-term relationships. By focusing our mission on these key areas, we continue to grow at a record pace, expanding into new markets and establishing ourselves as a leader in the lending sector for real estate investments.