WeKnowChicago

Anchor Loans Offers Hard Money Loans in Chicago

Chicago’s real estate market is a gold mine. National Association of Realtors (NAR) Chief Economist Lawrence Yun forecasts for 2018 a 10 percent increase in both the number of home sales in Chicago and in the prices of those homes. House flipping and buy-and-hold for rental will continue to be lucrative investment opportunities for Chicago real estate investors, but costs for property purchase and renovation can be limiting. That’s why savvy investors turn to Anchor Loans for fast fix-and-flip and hard money loans.

Investing in Improving Chicago’s Neighborhoods.

Turning investment properties into vibrant homes makes the whole city a better place to live.

One of Anchor’s goals in the fix-and-flip and hard money loan marketplace is to help real estate investors improve neighborhoods throughout Chicago. Anchor understands the challenges real estate investors face in getting their projects off the ground, and we provide financing for the purchase and improvement of distressed investment properties.

Dependable Financing for Real Estate Investment Opportunities in Chicago

Anchor Loans is the nation’s number one private direct lender to fix-and-flip investors, and the first to fund more than $1 billion in loans in a single year—with over $1 billion funded in 2016, over $1 billion in 2017, and over $5 billion life-to-date funding since 1998. At Anchor Loans we share the “Power to Create WealthTM” with our borrowers by providing flexible loan programs and fast funding. The majority of our borrowers are repeat customers who appreciate the seamless approval process, expert advice, and legendary customer service that come with Anchor financing.

Using Groundbreaking Fintech to Help You Break Ground Faster

Like Lake Shore Drive during rush hour, navigating the Chicago real estate market takes skill—when you see the opportunity to make a move, you have to make it fast. When it comes to investing, there’s no time to wait for a decision from your lender. Building on our promise to get you a decision as fast as possible, Anchor’s proprietary technology analyzes deals and approves qualified borrowers in the shortest possible timeframe. We are able to fund within five to seven days of borrower approval in most cases, and even faster for a rush deal—so you can get busy maximizing that investment.