In Pennsylvania, 60 percent of the housing stock was built before 1970, and with home prices in the state expected to continue on their upward climb in 2018, real estate investing remains a lucrative opportunity. Savvy real estate investors turn to Anchor Loans for fix-and-flip and rental property financing to increase their ROI.
In the fix-and-flip and rental property market, at times your capital is tied up in other projects, but don’t let that hold you back. A hard money loan from Anchor Loans gives you the flexibility and agility needed to quickly execute purchase contracts, compete at foreclosure auctions, close cash-only deals and fund construction.
Competition for profitable real estate is fierce. You need a lender with experience and a track record of delivering fast decisions. Anchor Loans is the nation’s number one private direct lender to fix-and-flip investors, and the first to fund more than $1 billion in loans in a single year—with over $1 billion funded in 2016, over $1 billion in 2017, and over $5.3 billion life-to-date funding since 1998. The majority of our borrowers are repeat customers who appreciate the seamless approval process, expert advice, and legendary customer service that come with Anchor financing.
When you find the perfect property, there’s no time to wait around for a bank to approve your loan. Anchor can help speed up the investment turnaround for your real estate projects with fast, dependable funding. We help our borrowers estimate the potential value of their real estate projects and determine the capital needed. And, we get your approval decision back to you within 24-48 hours.
Trends evolve and opportunities presented one week aren’t always there the next. Anchor’s proprietary technology ensures funding opportunities can be analyzed and loans approved in the shortest possible timeframe. We are able to fund within 5-7 days of borrower approval in most cases, possibly faster for rush deals, so you can get busy maximizing that investment.