Weekly Real Estate News
Anchor Loans, a private direct lender to residential real estate investors, has launched its Third-Party Originator (TPO) Channel to serve mortgage brokers, banks, private and non-QM lenders and other referral partners whose clients are home builders, developers and investors.
According to the Thousand Oaks, California-based company, Anchor Loans’ TPO Channel will provide the clients of loan brokers and originators with a suite of residential business purpose loan products, including bridge, fix and flip, ground-up construction, and rental investor loans with debt service coverage ratio.
“Our new TPO program is designed to support and protect the strong relationships that exist between loan originators and their clients,” said Tim Landwehr, co-chief revenue officer. “At Anchor Loans we are obsessed with delivering exceptional customer value, and our TPO Channel is an expansion of that ideal. We look forward to working with TPOs to help build long-term partnerships between them and their clients.”
