Anchor Loans is one of several operating companies owned by Pretium Partners (+$70B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint.
Anchor Loans, established in 1998, is the nation’s leading private, direct lender to experienced residential real estate investors and builders, and the first to surpass $10 billion in total fundings. Renowned for expediting financing for developers and investors, we specialize in bridge loans, ground-up construction, and single-family rental solutions for non-owner-occupied projects. Headquartered in beautiful Thousand Oaks, California, Anchor Loans currently lends in 48 states and is expanding into new markets and service lines to better serve our current and future borrowers.
Responsibilities
The work falls into seven areas. The first three follow the valuation order SOP; the last four keep cost, vendors and systems in order.
Document prep
• Review ready orders in the Document Management System and send gaps back to the LAC as custom conditions.
• Write the Value As statement,
click Valuation Complete, and complete Confirm Documentation to run the Router.
Appraisal place and chase
• Check the Router result, build the LOE, and source an appraiser within 48 hours inside approved fees.
• Track to delivery, apply the missed delivery rule, and confirm the report has both AIV and ARV before review.
Hybrid inspections
• Order in the Inspectify portal, track to delivery, and act on access alerts.
• Upload the report to AGG and send it to the appraiser.
Commercial appraisal ordering and prep
• Order commercial appraisals and environmental studies, and assemble the appraiser's package before engagement.
• Check each report against the engagement before review.
Invoicing
• Reconcile invoices against orders and approved fees, and resolve vendor disputes.
• Close each month with every completed order matched to an invoice.