Rehab Loans

Rehab Loans

Rehab Loans Are Great For House Renovation Or Flipping Homes

Rehab loans are great for home renovation or for real estate investors interested in flipping homes because they can fund the purchase and renovation of residential properties. Anchor Loans offers them to short-term investors to fix-and-flip properties as well as long-term investors looking for renovation financing for rental properties. These loans combine property purchase and rehab costs into a single, short-term loan with quick funding times and interest-only payments, depending on individual cases.

Anchor Facilitates the Fix-and-Flip Process

Experience & Resources

Anchor is the nation’s largest fix-and-flip lender, granting more than $1.1 billion in loans in 2017 alone. We serve successful real estate investors who have already demonstrated their skills in fixing and flipping properties. If you have a track record of success in your property investments, a bridge loan from Anchor Loans could be an excellent way to expand your future fix-and-flip endeavors.

Working for You

Our goal is to build strong ties with property investors, developers, and the community. We prioritize honesty, transparency and unmatched customer service in our business transactions, which is why over 85% of our borrowers are repeat customers. Combined with our rapid, streamlined process for approving and disbursing loans, this has made us the favored lender for property flippers across the country.

How Rehab Loans Work

Lenders like Anchor Loans offer rehab loans with a wide range of rates, fees, terms and qualifications based on projects and borrowers. The rates tend to vary because they reflect additional risks inherent in a rehab project and the short period of time during which interest is to be charged. In most cases, interest-only payments are made, with repayment of the full principal at the end of the loan.

Renovating A Property with Rehab Loans

rehab loan before and after

Rehab loans help homeowners improve their existing home with upgrades, repairs, or renovations. Anchor Loans can help you gain equity and offer you low interest rates for your home renovation project, along with low interest rates and low down payments, which means your savings will not be depleted trying to come up with the funds. This makes a difference when cash and speed are crucial.

Benefits of Financing from Anchor Loans

Anchor Loans has a team of experts and the leverage of size for all your financing needs. For rehab loans, house flipping loans, hard money loans or any other real estate financing for flipping homes or house renovation, get a quick estimate from us today.

Anchor Loans – Quick, Flexible, and Convenient

From single-family homes to large commercial properties, Anchor Loans funds a wide range of property types and investments. We operate in 46 US states and D.C., and we offer highly competitive rates with an asset-based approval process that does not require a high credit score.
To get started on a bridge loan to fix and flip a property, get a quick estimate online or contact us directly for more information.

At Anchor, we don’t just have the capital you need, but also the ability to tailor that capital to fit most needs. Contact us for our fix-and-flip loans and fix-and-flip financing options.

Quick

Get funding in as little as 5-10 days

Flexible

Structured loans tailored to your needs

Competitive

The best service and trusted since 1998

Call (888) 719-5299 To Get Your Customized Loan Options

Qualifications

The essentials for approval.

Experience: Novice – Pro

Pre-approval is easy for investors with a proven track record of at least 5 flips in the last 18 months. For the less experienced investor, we lend to qualified corporations and multi-member LLC’s.

A Great Project

We individually review the project details including purchase price, capital required and ARV and deliver a customized loan for YOUR project.

Adequate Reserves

Investors need 10% – 20%, or more of the acquisition cost.

Your FICO

We’re not credit driven, but having good credit still has its perks. Contact your loan rep today for more details.

Stacey C.:

I feel like I found my dream team at Anchor. I have five projects with them and closing on two more in the next couple weeks. They have been responsive and helpful with helping create a smooth flow.

Tom G.:

I would recommend Anchor Loans to any investor who needs a hard money lender that can get the job done and get it done right.

Sean H.:

They are quick, always have money and had institutionalized the hard money lending business. Mellissa and Lance have been a pleasure to work with!

Simple & Fast Process Guarantees Yout the Best Rates

Apply

You can complete our application in as little as 10 minutes. Rates and terms are dependent on your application. The more information you provide, the more options we can provide you with.

Submit

Send us your deal specifics, purchase contract, and transaction documents. We’ll sort out the rest.

Fund

Once you approve the terms, loan docs are signed, and escrow is ready to close, we fund and wrap up the deal. You’re officially an Anchor investor.

The Must-Have Guide To Maximize Flipping Profits

  • How To Speed Up loan closings
  • Reduce risk and increase your capital
  • How to Grow Your Fix and Flip Business Faster