Calabasas, Calif., Nov. 30, 2018 – Anchor Loans borrower Mr. Achabahian has completed more than 150 fix-and-flip projects throughout Southern California since 2008 and is a past recipient of the Historic Preservation Award for his quality work restoring character homes in the City of Pasadena.
In the real estate investment business, it can be challenging to get multiple fix-and-flip projects off the ground, but with Anchor Loans as his lending partner, Mr. Achabahian has leveraged over $30 million in short-term loans to acquire distressed properties and turn them into beautiful homes.
One of Anchor Loans’ goals as the nation’s largest lender to real estate investors like Mr. Achabahian, is to help improve America’s neighborhoods by financing the rehabilitation of aging, neglected or otherwise distressed properties. Mr. Achabahian primarily works on single-family residences throughout Southern California and is a long-time borrower with Anchor.
“Speed is a big factor, how things are processed, and that they can fund your project quickly,” said Mr. Achabahian of his decision to work with Anchor. “Another factor is service – the customer service. [Anchor Loans] knows what our needs are and they’re knowledgeable about our business. That makes our job a lot easier and smoother.”
“Over the 20 years we have been in business, we are honored to have such loyal customers,” said Steve Pollack, CEO at Anchor Loans. “Our team prides itself on close working relationships with customers and the flexibility to help each borrower structure the deal that works for their project.”
The relationship Anchor Loans has built with Mr. Achabahian keeps him coming back for reliable funding for each new project—as he continues to improve local communities one beautified home at a time.
About Anchor Loans
At Anchor Loans, we have brought borrowers and investors together for more than 20 years to create mutually beneficial opportunities for all parties. We do this by specializing in the financing of rehab properties that contribute to the improvement of the neighborhoods where they reside. Because we know, understand and anticipate the needs of our clients, we offer the fastest and most reliable funding options on the market resulting in lucrative, honest and long-term relationships. By focusing our mission on these key areas, we continue to grow at a record pace, expanding into new markets and establishing ourselves as a leader in the lending sector for real estate investments.