How Do Hard Money Construction Loans Fund in Just a Few Days?

hard money construction loans

Hard money construction loans are an excellent option for real estate investors who plan to tear down and rebuild an existing structure for resale,  or for those seeking financing for the ground-up construction of an investment property. These loans are typically short-term (less than 24 months in duration) and they can be approved and funded in 5 to 10 days.

Hard Money Construction Loans are Asset Based

Unlike a construction loan from a conventional bank, where there is a rigorous borrower approval process that can take several weeks or months to complete, hard money construction loans are asset-based and approval is based heavily on the after-repair value (ARV) of the property as well as the borrower's prior success with construction projects. Prioritizing project ARV and borrower experience over  credit history allows hard money lenders to expedite loan approval and disperse funds quickly.

Anchor Loans Hard Money Construction Loans Program

Anchor Loans construction loan program funds single family and 2-4 unit construction projects. Our hard money construction loans are typically 6 to 12 months in duration, our borrowers only pay interest on funds drawn, and there is no penalty for paying the loan off early.  Our minimum loan for a construction project is $50,000. There is no maximum dollar limit.

Since 2016, of the $5 billion in capital Anchor has provided to real estate investors, over $750 million has been used to finance tear down/rebuild and ground up construction projects.

Before and After Photos of Anchor Funded Construction Projects

Below are a few recent construction projects completed by our customers:


house flipping before and after


hard money construction loans


fix and flip construction loans


Fast, Reliable Funding for Construction Projects

It takes less than a minute to sign up online for a free Anchor Loans Account, and about 10 minutes to apply for a construction loan. Borrower approval typically takes 24 to 48 hours, and approved loans are funded in 5-7 days.

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