Loan amount
$1M-$150M
Loan-to-value (LTV)
75%
Required credit score
550
Required deal experience
1 deal
Rates
12% to 18%
Fees
Varies per borrower
Address
675 Berkmar Court, Charlottesville, VA 22901
About
Anglo finances mortgaged-backed securities and treasuries for customers which include banks, brokerage firms, and arbitrageurs and the total outstanding has exceeded $5 billion on many occasions. After the demise of Drexel Burnham in 1990, Anglo-American started buying defaulted debt issues of public companies when it was possible through careful analysis to determine that the senior securities were substantially over collateralized. While the collateral for the debt in some cases has included airplanes, steel plants, and retail stores, most of the time the loans have been collateralized by real estate.
States
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming