Anchor Nationwide Loans Mortgage Rates, Fees & Info

CALABASAS, CA

LEI: 549300KNDTHPORJI2O79

Tax ID: 47-4563523

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Anchor Nationwide Loans is a smaller mortgage company specializing in loans. Anchor Nationwide Loans has a high proportion of conventional loans.

    Anchor Nationwide Loans has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.27% 3/24/23
    30 Year Conventional Refi 6.27% 3/24/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    563

    Origination Dollar Volume (All Markets)

    $220,825,000

    Relative Rate

    Anchor Nationwide Loans's average 30 year fixed mortgage rate was 4.98%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.22%.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Outside of Metro Areas 563 $220,825,000 $392,229 $0 8.02%
    Anchor Nationwide Loans's top markets include

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 563 $220,825,000 $392,229 $0 8.02%

    For 2022, Anchor Nationwide Loans's most frequently originated type of loan was Conventional, with 563 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 514 $185,910,000 $361,693 $0 8.03%
    Refi 49 $34,915,000 $712,551 $0 7.92%

    For 2022, Anchor Nationwide Loans's most frequently cited loan purpose was Home Purchase, with 514 originations. The 2nd most popular reason was Refi, with 49 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 540 $187,770,000 $347,722 $0 8.05%
    Other 14 $25,390,000 $1,813,571 $0 8.38%
    30 Year 6 $3,720,000 $620,000 $0 4.98%
    30+ year 3 $3,945,000 $1,315,000 $0 6.83%

    For 2022, Anchor Nationwide Loans's most frequently cited loan duration was 1 Year, with 540 originations. The 2nd most popular length was Other, with 14 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 230 $89,850,000 $390,652
    7-8% 194 $87,270,000 $449,845
    6-7% 133 $39,985,000 $300,639
    5-6% 4 $2,190,000 $547,500
    3-4% 1 $1,105,000 $1,105,000
    4-5% 1 $425,000 $425,000

    During 2022, Anchor Nationwide Loans's average interest rate for loans was 4.98%, while their most frequently originated rate bucket for loans was Over 8%, with 230 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 254 $73,150,000 $287,992 $0 7.88%
    $100k-200k 156 $25,010,000 $160,321 $0 8.27%
    $400k-600k 60 $27,950,000 $465,833 $0 7.83%
    $1MM+ 42 $74,930,000 $1,784,048 $0 8.04%
    $100,000 or less 27 $2,045,000 $75,741 $0 8.18%
    $600k-1MM 24 $17,740,000 $739,167 $0 8.25%

    2022 saw Anchor Nationwide Loans place emphasis on $200k-400k loans with 254 originations, totaling $73,150,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 562 $220,250,000 $391,904 $0 8.02%
    Native Hawaiian or Islander 1 $575,000 $575,000 $0 8.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Anchor Nationwide Loans has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    60.04%

    Anchor Nationwide Loans has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 563 $220,825,000 $392,229

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    563 $220,825,000 $392,229

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    40-60% 61 $12,025,000 $197,131 $0 8.45%
    60-80% 454 $181,320,000 $399,383 $0 8.02%
    80-100% 37 $17,675,000 $477,703 $0 7.53%
    Over 100% 10 $9,690,000 $969,000 $0 7.09%
    Under 20% 1 $115,000 $115,000 $0 12.00%