THOUSAND OAKS, Calif., March 8, 2022 /PRNewswire/ — Anchor Loans, the nation’s leading provider of financing to real estate investors and entrepreneurs, today announced that the company now offers a Single Family Rental (SFR) Investor Loan program to complement its industry-leading loan offerings. industry.
The SFR program offers competitive, market-driven pricing and guidelines for new and seasoned investors. The program, which covers investor portfolios as well as individual properties, offers 30-year fixed rate options and interest-only options. Flexible guidelines include: DSCR loans with LTVs up to 80% (cash-in, refinance, and purchase), no-appraisal closing, and FICO scores as low as 620. Properties include 1-4 and 4+ units, townhouses, condos and PUDs. Long-term, short-term and vacation rentals are also eligible.
Anchor Loans is the lender of choice for experienced real estate investors and builders. Approximately 85% of Anchor’s business comes from loyal customers who benefit from the company’s turnaround times, flexibility to adapt to unique situations, and ability to fund multimillion-dollar projects. The company has updated technology and experienced and expert support operations with a dedicated team approach to customer relations.
“Our new SFR program will provide experienced investors with extremely competitive long-term financing options for portfolios and rental properties, with the same speed and customer service that has always been the hallmark of Anchor,” said Andrew Pollock, CEO of Anchor. “Our capital strength and ability to close larger transactions will also be competitive advantages for us in the leasing space.”
For more information on Anchor’s SFR Investor Loan Program, visit anchorloans.com/loans/rental-loans
About Anchor Loans
Anchor Loans is the nation’s largest private direct lender to real estate investors. The company is responsible for more than $10 billion in financing since its inception in 1998 and is the first in the industry to finance more than $1 billion in a single year, which it has surpassed every year since 2016. Anchor Loans specializes in larger, more personalized loans for experienced real estate entrepreneurs. Over 85% of Anchor Loans borrowers are repeat customers and over 75% of the company’s new borrowers are referred by existing customers. The company has been listed for two consecutive years on the Inc. 5000 list of America’s fastest-growing small private companies. For more information, visit https://www.anchorloans.com.
SOURCE Anchor Loans