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Anchorwood Lending

ONSLOW COUNTY · NORTH CAROLINA

Hard Money Loans in Jacksonville, NC

Fix-and-flip and value-add lending for entity borrowers in Onslow County.

Start your application

Three quick questions, then the deal details. A real person — not a call center — follows up.

Business-purpose loans to LLCs and other entities only. No owner-occupied loans. Soft credit check at application.

How we lend in Jacksonville

Jacksonville is the seat of Onslow County, on the New River in coastal Eastern North Carolina. Anchorwood Lending works with real estate investors here on business-purpose loans secured by residential property.

We fund fix-and-flip and value-add projects for borrowers buying through an LLC or similar entity. The product is a twelve-month, interest-only loan with a balloon at maturity, secured by a first-position deed of trust.

Rehab dollars are not handed over at closing. They are held back and released in draws as work is finished and documented, which protects the budget on both sides of the table.

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 Jacksonville run through a local attorney, and can happen in as few as 5 days when your documents are in order.

  1. 01

    Apply

    Quick call, then a short application: deal details, LLC docs, soft credit check.

  2. 02

    Term sheet

    We review your comps and scope, run our own numbers, and put terms in writing.

  3. 03

    Attorney closing

    Your local closing attorney runs it. We wire once title, insurance and the HUD check out.

  4. 04

    Draws in the portal

    Upload photos of completed work. Draws release within 1–2 business days.

  5. 05

    Payoff at sale

    Balance and deferred interest settle on the HUD when the house sells.

Months 1–6 · $0 due

No monthly payments while you renovate.

During a rehab in Jacksonville, 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

Illustrative, assuming the full loan is drawn from day one. Interest accrues on the outstanding balance and is collected at payoff. Deferral available to qualified borrowers, subject to underwriting.

Loan program

What a Jacksonville loan costs

One fix-and-flip product, priced the same way for every borrower. You know what the money costs before you apply.

Common questions

Do I need a track record to borrow?
We look for at least one completed investment project in the last twelve months. Underwriting weighs the deal and the scope alongside your experience.
What is the loan term?
Twelve months, interest-only, with a balloon at maturity. Most fix-and-flip projects pay off well before that.
How are rehab draws released?
You upload photos and documentation of completed work in the borrower portal. Draws generally release within one to two business days of approval.
Are these consumer loans?
No. Anchorwood makes business-purpose loans only, to LLCs and other legal entities. Owner-occupied and personal-use loans are outside what we do.

WHO WE LEND TO

Business-purpose borrowers in Jacksonville

Anchorwood lends to LLCs and other legal entities only. We do not make consumer loans and we do not finance owner-occupied property.

We also lend nearby

See every North Carolina market we lend in

Got a Jacksonville 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.

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Business-purpose loans to LLCs and other entities only. No owner-occupied loans. Soft credit check at application.