Anchor Loans for Virginia investors
Anchor Loans is one of the oldest national hard money lenders. Long track record across multiple market cycles.
Virginia context
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA).
How Anchor Loans positions in Virginia
For Virginia specifically, Anchor Loans fits investors who match the hard money approach. The medium cash flow profile of Virginia aggregate makes it workable for Anchor Loans.
City-level coverage in Virginia
Anchor Loans provides DSCR coverage across Virginia metros including Virginia Beach, Richmond, and Norfolk. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Anchor Loans program terms apply uniformly across Virginia 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 |
| Virginia property tax | 0.9% |
| Virginia state income tax | 5.75% |
Anchor Loans strengths in Virginia
- oldest national hard money lender
- experienced underwriting
- high-volume capacity
Ideal borrower: Experienced investor with track record
FAQ
Yes, operates nationally including Virginia. Anchor Loans is based in Calabasas, CA and operates nationally.
Virginia Beach is the top investor market in Virginia and falls within Anchor Loans national coverage. Virginia Beach property tax follows the Virginia state rate of 0.9 percent. Anchor Loans typically underwrites Virginia Beach acquisitions at standard rate sheets.
Yes. Richmond ranks among the larger Virginia investor metros and sees consistent DSCR loan volume from Anchor Loans. Submarket variation within Richmond matters for property selection.
Anchor Loans applies the same rate sheet across Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Virginia Beach, Richmond, and Norfolk 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.
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA). Anchor Loans follows standard business-purpose loan structures.
Anchor Loans funds fix-and-flip, BRRRR, rental, bridge in Virginia.
Virginia allows standard DSCR prepay structures; Anchor Loans typically uses 3-5 year step down.
Anchor Loans typical close: 10-21 days typical.
Bottom line
Virginia investors considering Anchor Loans should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Anchor Loans.