California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.
Anchor Loans’ TPO channel will provide residential business purpose loan products – including bridge, fix and flip, ground-up construction and rental investor loans with debt service coverage ratio (DSCR), the firm said in a release.
Tim Landwehr, co-chief revenue officer, led the launch of the TPO channel.
“We are at a moment in details ⇒
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