Mecklenburg County · North Carolina
Hard Money Loans in Charlotte, NC
No monthly payments for the first 6 months for qualified borrowers. 12% · 2 points · no prepay penalty.
Start your application
Three quick questions, then the deal details. A real person — not a call center — follows up.
Borrower LoginGreenville, NC
Charlotte and Mecklenburg County
Charlotte is the seat of Mecklenburg County and the largest city in North Carolina, in the Piedmont region in the south-central part of the state. Anchorwood Lending provides business-purpose loans to real estate investors working in this market.
We finance fix-and-flip and value-add residential projects for borrowers holding title in an LLC or another legal entity. This is commercial lending: no consumer loans, no owner-occupied purchases, no exceptions.
The terms published on this site are the terms. One product, one price, and a written term sheet before you commit — rather than a number that changes after three phone calls.
Start a loan application or read more about how we lend across North Carolina.
WHO WE LEND TO
Business-purpose borrowers in Charlotte
Anchorwood lends to LLCs and other legal entities only. We do not make consumer loans and we do not finance owner-occupied property.
Fix-and-flip
Buy, renovate and resell residential property. The loan carries the purchase and the rehab, and pays off from the sale.
BRRRR bridge loans
Carry the renovation on a property you intend to keep, then refinance into long-term financing once it is stabilised.
Wholesalers
Transactional funding for investors who need to take title to close an assignment.
Months 1–6 · $0 due
No monthly payments while you renovate.
During the rehab, every dollar you send a lender is a dollar that isn’t buying cabinets or paying your sub. So for qualified borrowers, we let the first six months of interest accrue and collect it at payoff, straight off the HUD when the house sells.
After month six, the loan goes to monthly interest-only. Fast flips never get there.
Cash out of your pocket
$200,000 loan, fully drawn · 12% · months 1–6
from
proceeds
Typical lender −$12,000 out of pocket by month 6
Anchorwood $0 · settles on the HUD at sale
Loan program
What a Charlotte loan costs
One fix-and-flip product, priced the same way for every borrower. You know what the money costs before you apply.
- $50K–$400KLoan size12-month term
- 12% → 16%RateMonths 1–6, then 7–12
- 2 ptsOriginationPaid at closing
- $0Prepayment penaltyPay off any time
Months 1–6
$0 / month
For qualified borrowers, interest accrues and settles on the HUD at payoff. From month seven, the loan goes to monthly interest-only.
- LeverageUp to 90% of purchase, 100% of rehab
- Rehab fundsHeld back, released in draws as work is completed
- StructureInterest-only, balloon at maturity
- CollateralFirst-position deed of trust
Charlotte lending questions
- Are your terms negotiable?
- The program is priced the same for every borrower: 12% for months one through six, 16% for months seven through twelve, two points, no prepayment penalty. What varies is leverage, which depends on the deal.
- What loan amounts do you write?
- $50,000 to $400,000 on a twelve-month, interest-only term.
- Do you lend to out-of-state investors?
- The property must be in North Carolina and the borrower must be a legal entity. Where you are based matters less than the deal and the entity.
- How do I start?
- Answer three questions in the form on this page, then complete the full application with your deal details. A soft credit check is run at application.
HOW IT WORKS
Contract to payoff, in five steps.
Underwriting in 1–2 business days. Closings in Charlotte run through a local attorney, and can happen in as few as 5 days when your documents are in order.
- 01
Apply
Quick call, then a short application: deal details, LLC docs, soft credit check.
- 02
Term sheet
We review your comps and scope, run our own numbers, and put terms in writing.
- 03
Attorney closing
Your local closing attorney runs it. We wire once title, insurance and the HUD check out.
- 04
Draws in the portal
Upload photos of completed work. Draws release within 1–2 business days.
- 05
Payoff at sale
Balance and deferred interest settle on the HUD when the house sells.
We also lend nearby
Got a Charlotte deal under contract?
Send it over. We’ll tell you straight whether it works for us — and if it does, you’ll have terms in writing fast.