San Diego · Rank #3
Anchor Loans: San Diego Lender Review (2026)
Long-established SoCal hard money and fix-and-flip lender.
Rate range
9.99% – 12.00%
Loan types
Hard Money · Fix-and-Flip
Eligibility
Experienced flippers preferred (typically 3+ completed projects). Direct lender, not broker-only. Limited appetite for creative or sub-to structures.
Pros
- Decades of SoCal track record and reliable execution
- Strong relationships with San Diego title and escrow
- Comfortable with value-add and reno scope
Cons
- Rate and points consistently above KREC
- No in-house DSCR takeout — separate refi shop required
- First-time flippers may struggle to qualify
Verdict
A credible second call for hard money. KREC offers the same speed at lower all-in cost and pre-commits to the DSCR takeout at origination.