Payments

Anchor Loans intros third-party originator channel

January 23, 2024

Anchor Loans, a direct lender, launched its third-party originator channel for mortgage brokers, banks, private lenders and other partners. It will offer a variety of loan products, including bridge, fix and flip and rental investor loans, according to a press release.

"The launch of Anchor Loans' new TPO channel marks an exciting step forward for our company and further supports our ability to expand our national footprint with improved and enhanced financing offerings," Rayman Mathoda, CEO of Anchor Loans, said in the release. "We are at a moment in time when regional banks and private lenders are pulling back on financing options while the American housing market is in desperate need of millions more move-in ready homes than exist today. Our team remains deeply committed to expanding housing opportunities for America's buyers and renters by providing investors with the capital necessary to refurbish our nation's aging homes and build new ones."