GUILFORD COUNTY · NORTH CAROLINA
Hard Money Loans in Greensboro, NC
Fix-and-flip lending for investors buying through an LLC in Guilford County.
Start your application
Three quick questions, then the deal details. A real person — not a call center — follows up.
Greensboro investors and our program
Greensboro is the seat of Guilford County and one of the three cities of the Piedmont Triad, alongside Winston-Salem and High Point. Anchorwood Lending makes business-purpose loans to investors renovating residential property here.
Our borrowers are LLCs and other legal entities running fix-and-flip or value-add projects. We do not make loans to individuals for personal or owner-occupied use.
Each loan is secured by a first-position deed of trust and closed through a North Carolina attorney, with rehab funds released in draws against completed work rather than advanced at closing.
Start a loan application or read more about how we lend across North Carolina.
HOW IT WORKS
Contract to payoff, in five steps.
Underwriting in 1–2 business days. Closings in Greensboro 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.
WHO WE LEND TO
Business-purpose borrowers in Greensboro
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.
Loan program
What a Greensboro 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
- 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
Months 1–6 · $0 due
No monthly payments while you renovate.
During a rehab in Greensboro, every dollar that goes to a lender is a dollar that is not buying cabinets or paying a sub. For qualified borrowers we let the first six months of interest accrue and collect it at payoff, straight off the settlement statement when the property sells.
After month six the loan converts to monthly interest-only. Fast projects never get there.
Cash out of your pocket
$200,000 loan, fully drawn · 12% · months 1–6
from
proceeds
Greensboro FAQ
- What do you need from me to quote a deal?
- The address, purchase price, rehab scope and budget, your after-repair value estimate, and the entity taking title.
- Is there a penalty for paying off in three months?
- No. There is no prepayment penalty at any point in the term.
- What kind of projects do you decline?
- Anything consumer or owner-occupied, and deals where the scope or the after-repair value does not support the loan. We say so early rather than late.
- Who reviews my application?
- The people who make the decision on the loan, not a call center. Questions get answered the same day.
- Do I need to have flipped before?
- We look for at least one completed investment project in the last twelve months.
We also lend nearby
Got a Greensboro 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.
