In August we announced Stephen Pollack as our new Chief Executive Officer. In his short time as our CEO, Steve has already overseen an expansion in our capacity to offer loans in more U.S. states (now over 20), helped us become the first fix-and-flip lender to originate over $1 billion in loans in a single year, and put Anchor Loans in a position to soon surpass $4 billion in total loan originations since our inception.
Our Chairman and former CEO, Jeff Lipton put it this way, “Steve is a pioneer and visionary in the fix and flip space and his understanding of the private mortgage industry is unsurpassed. His leadership in building the team that has expanded our operations nationwide, and has grown our loan originations to over $100 million per month, which makes him a phenomenal fit for the CEO role.”
Prior to becoming CEO, Steve was our President and helped grow Anchor Loans from an entrepreneurial start up in 1998 to the number one private mortgage lender in the nation.
With over 30 years of experience in real estate, his extensive knowledge of loan servicing procedures and information systems has been integral to the development of our proprietary workflow software—which sets us apart from other lenders in our ability to rapidly evaluate, underwrite and fund loans, typically in as few as 3-10 business days.
About Anchor Loans
With over 18 years of experience and $4 billion in total loans originations, Anchor Loans is the nation’s largest fix-and-flip lender. In 2016 alone we originated over $1.1 billion in loans to the fix-and-flip market. Interested in applying for a loan or getting a quick quote? Just click here.