WHERE WE LEND
Hard Money Loans Across North Carolina
Anchorwood Lending is a locally owned lender based in Greenville. We make business-purpose fix-and-flip and value-add residential loans to LLCs and other legal entities, secured by North Carolina real estate and closed through local attorneys.
One product, one published price, and a written term sheet before you commit. Pick the market you are buying in, or start an application.
Markets we lend in
EASTERN NORTH CAROLINA AND THE COAST
- Greenville, NCPitt CountyWe are headquartered here. Business-purpose fix-and-flip loans for investors buying through an entity.
- New Bern, NCCraven CountyBusiness-purpose renovation financing for investors in Craven County.
- Goldsboro, NCWayne CountyBusiness-purpose fix-and-flip loans for investors in Wayne County.
- Jacksonville, NCOnslow CountyFix-and-flip and value-add lending for entity borrowers in Onslow County.
- Wilmington, NCNew Hanover CountyBusiness-purpose fix-and-flip financing for investors working the southeastern coast.
THE TRIANGLE AND THE SANDHILLS
- Raleigh, NCWake CountyFix-and-flip and bridge financing for entity borrowers in Wake County.
- Durham, NCDurham CountyBusiness-purpose renovation loans for investors buying through an entity.
- Fayetteville, NCCumberland CountyHard money for entity borrowers renovating residential property in Cumberland County.
THE PIEDMONT AND THE WEST
- Charlotte, NCMecklenburg CountyTwelve-month interest-only financing for entity borrowers in Mecklenburg County.
- Greensboro, NCGuilford CountyFix-and-flip lending for investors buying through an LLC in Guilford County.
- Winston-Salem, NCForsyth CountyBusiness-purpose fix-and-flip loans for entity borrowers in Forsyth County.
- Asheville, NCBuncombe CountyBusiness-purpose renovation financing for investors in Buncombe County.
The same program in every market
Loans run from $50,000 to $400,000 on a twelve-month, interest-only term at 12% for months one through six and 16% for months seven through twelve, with two points at origination and no prepayment penalty. For qualified borrowers the first six months of interest is deferred and settles at payoff.
Leverage runs up to 90% of the purchase price and up to 100% of the rehab budget, subject to underwriting. Rehab money is held back and released in draws as work is completed. Every loan is secured by a first-position deed of trust.
Anchorwood makes business-purpose loans only, to LLCs and other legal entities. We do not make consumer loans and we do not finance owner-occupied property.