New York Fix-and-Flip Real Estate Loans
Anchor Loans is a nationwide private money lender offering short-term mortgage loans to fix-and-flip investors in New York. Get a fast, flexible private money loan for a fix-and-flip property purchase, refinance, equity cash out, rehab or new construction.
Major cities in the New York area have seen inventory levels grow, finally easing the availability crisis in many areas. This has increased the demand for new homes on the market, giving fix-and-flip investors higher profit margins when selling flipped homes in the state of New York.
Investing here can net you a quick and sizable profit. If access to capital is holding you back, you can get your fix-and-flip business moving with fast, reliable financing from Anchor Loans.
Anchor Loans can quickly fund qualified house flipping projects throughout the state. Flipping homes requires that you can move fast, so we designed our hard money loan processes with speed in mind, approving and funding most loans in 5 to 10 days .
Anchor Loans is the nation’s number one private direct lender to fix-and-flip investors, and was the first to fund more than $1 billion in loans in a single year. Anchor remains the industry leader, providing over $1 billion in fix-and-flip financing every year since 2016—with life-to-date fundings surpassing $7.7 billion (as of December 2019).
What is Fix-and-Flip Financing?
Fix-and-flip financing (sometimes referred to as “hard money” or “private lending”) involves short-term loans that typically have higher interest rates and lower qualifying restrictions compared to bank loans. These loans give investors like you the agility to quickly execute purchase contracts, compete at foreclosure auctions, close cash-only deals, and fund construction, while maximizing your on-hand cash.
Why Choose Anchor Loans for Your New York Real Estate Investment?
We continue to set the highest of standards for performance within the fix-and-flip lending marketplace, and we are the most experienced lender providing a full range of funding options. That’s why so many clients entrust us with real estate projects in New York City and all over the New York area.
Changing Lives and Transforming Neighborhoods
We help real estate investors improve properties and transform neighborhoods. Our goal is simple—Give investors easy access to the financing that can help them make New York city an even better place to live.
Anchor Loans – New York Investor Resources
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