WAKE COUNTY · NORTH CAROLINA
Hard Money Loans in Raleigh, NC
Fix-and-flip and bridge financing for entity borrowers in Wake County.
Start your application
Three quick questions, then the deal details. A real person — not a call center — follows up.
Lending into the Triangle
Raleigh is the state capital and the seat of Wake County, one of the three anchors of the Research Triangle. Anchorwood Lending provides business-purpose loans to real estate investors buying and renovating residential property here.
We are a single-product lender by choice. A twelve-month, interest-only fix-and-flip loan to an entity borrower, secured by a first-position deed of trust, is what we do, and we price it the same way for everyone.
For investors running a BRRRR strategy, the same loan works as a bridge: it carries the renovation, and you refinance into long-term debt once the property is stabilised. Either way, the loan closes with a local attorney.
Start a loan application or read more about how we lend across North Carolina.
WHO WE LEND TO
Business-purpose borrowers in Raleigh
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 Raleigh 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 Raleigh, 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
HOW IT WORKS
Contract to payoff, in five steps.
Underwriting in 1–2 business days. Closings in Raleigh 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.
Raleigh investor questions
- Can this be used as a bridge loan on a BRRRR?
- Yes. The loan is designed to carry a renovation and be paid off, whether the exit is a sale or a refinance into long-term financing.
- Do you lend on multifamily?
- We lend on residential deals including duplexes, triplexes and fourplexes. Larger commercial multifamily is outside our product.
- How is the rate structured?
- 12% for months one through six and 16% for months seven through twelve, interest-only, with two points at origination and no prepayment penalty.
- Do you need my personal financials?
- We run a soft credit check and ask about your project history and reserves. The deal itself carries most of the weight in underwriting.
- Is the borrower always an entity?
- Yes. Every Anchorwood loan is made to an LLC, corporation or similar legal entity for a business purpose.
We also lend nearby
Got a Raleigh 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.