TPO channel expansion is part of strategy to accelerate growth
Private lender Anchor Loans has rolled out its new third-party originations (TPO) channel for mortgage brokers, banks, private and non-QM lenders.
The TPO channel offers a broad range of residential business-purpose loan products, including bridge loans, fix-and-flip, ground-up construction, and rental investor loans with a debt service coverage ratio (DSCR).
Anchor Loans CEO Rayman Mathoda said the launch of the 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.”
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“When I joined Anchor Loans in 2023, channel expansion was one of my major goals for accelerating our growth,” Mathoda said in the company’s 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.”
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Anchor co-chief revenue officer Tim Landwehr, who spearheaded the design and rollout of the channel, added: “Our new TPO program is designed to support and protect the strong relationships that exist between loan originators and their clients. 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.”
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