Anchor Loans for New York investors
Anchor Loans is one of the oldest national hard money lenders. Long track record across multiple market cycles.
New York context
New York City DSCR rarely pencils. Upstate metros (Buffalo, Rochester, Syracuse) produce strong cash flow. NYC strict rent stabilization.
How Anchor Loans positions in New York
The New York lender pool for DSCR includes Anchor Loans among the active platforms. New York top metros (New York City, Buffalo, Rochester) see meaningful Anchor Loans loan volume.
City-level coverage in New York
Anchor Loans provides DSCR coverage across New York metros including New York City, Buffalo, and Rochester. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Anchor Loans program terms apply uniformly across New York metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $100K - $5.0M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months |
| Typical close time | 10-21 days typical |
| New York property tax | 1.7% |
| New York state income tax | 10.9% |
Anchor Loans strengths in New York
- oldest national hard money lender
- experienced underwriting
- high-volume capacity
Ideal borrower: Experienced investor with track record
FAQ
Yes, operates nationally including New York. Anchor Loans is based in Calabasas, CA and operates nationally.
New York City is the top investor market in New York and falls within Anchor Loans national coverage. New York City property tax follows the New York state rate of 1.7 percent. Anchor Loans typically underwrites New York City acquisitions at standard rate sheets.
Yes. Buffalo ranks among the larger New York investor metros and sees consistent DSCR loan volume from Anchor Loans. Submarket variation within Buffalo matters for property selection.
Anchor Loans applies the same rate sheet across New York metros. Pricing variation comes from property-specific factors rather than metro location within the same state. New York City, Buffalo, and Rochester all qualify for the same Anchor Loans program.
Anchor Loans indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
New York City DSCR rarely pencils. Upstate metros (Buffalo, Rochester, Syracuse) produce strong cash flow. NYC strict rent stabilization. Anchor Loans follows standard business-purpose loan structures.
Anchor Loans funds fix-and-flip, BRRRR, rental, bridge in New York.
New York has some restrictions on prepayment penalty structures; Anchor Loans typically uses 3-5 year step down.
Anchor Loans typical close: 10-21 days typical.
Bottom line
Anchor Loans in New York works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Anchor Loans.