Anchor Nationwide Loans Mortgage Rates, Fees & Info

CALABASAS, CA

LEI: 549300KNDTHPORJI2O79

Tax ID: 47-4563523

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Mortgage Data

Review & Overview

Anchor Nationwide Loans is a small mortgage company specializing in Home Purchase and Refi 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 relatively high 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% 3/24/24
30 Year Conventional Refi 6.27% 3/24/24
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.

Anchor Nationwide Loans Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Anchor Nationwide Loans. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,149

Origination Dollar Volume (All Markets)

$1,053,435,000

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 2,149 $1,053,435,000 $490,198 $0 8.50%
Anchor Nationwide Loans's top markets include

Their top states include:
  • California (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,149 $1,053,435,000 $490,198 $0 8.50%

    For 2019, Anchor Nationwide Loans's most frequently originated type of loan was Conventional, with 2,149 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,653 $743,525,000 $449,803 $0 8.60%
    Refi 496 $309,910,000 $624,819 $0 8.19%

    For 2019, Anchor Nationwide Loans's most frequently cited loan purpose was Home Purchase, with 1,653 originations. The 2nd most popular reason was Refi, with 496 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,972 $962,980,000 $488,327 $0 8.53%
    1 Year 139 $79,505,000 $571,978 $0 8.44%
    30 Year 26 $5,740,000 $220,769 $0 7.10%
    3 Year 11 $5,115,000 $465,000 $0 7.27%
    5 Year 1 $95,000 $95,000 $0 7.20%

    For 2019, Anchor Nationwide Loans's most frequently cited loan duration was Other, with 1,972 originations. The 2nd most popular length was 1 Year, with 139 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 999 $448,345,000 $448,794
    7-8% 887 $528,655,000 $596,003
    6-7% 263 $76,435,000 $290,627

    During 2019, Anchor Nationwide Loans's average interest rate for loans was 7.10%, while their most frequently originated rate bucket for loans was Over 8%, with 999 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 543 $77,515,000 $142,753 $0 8.65%
    $200k-400k 474 $139,810,000 $294,958 $0 8.48%
    $100,000 or less 445 $29,865,000 $67,112 $0 8.73%
    $1MM+ 268 $562,280,000 $2,098,060 $0 8.11%
    $400k-600k 268 $129,580,000 $483,507 $0 8.38%
    $600k-1MM 151 $114,385,000 $757,517 $0 8.29%

    2019 saw Anchor Nationwide Loans place emphasis on $100k-200k loans with 543 originations, totaling $77,515,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 2,149 $1,053,435,000 $490,198 $0 8.50%

    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
    56.77%

    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 2,149 $1,053,435,000 $490,198

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 16 $22,240,000 $1,390,000
    Single Family (1-4 Units):Manufactured 39 $3,915,000 $100,385
    Single Family (1-4 Units):Site-Built 2,094 $1,027,280,000 $490,583

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 77 $14,775,000 $191,883 $0 8.10%
    40-60% 521 $182,305,000 $349,914 $0 8.07%
    60-80% 1,431 $766,065,000 $535,335 $0 8.50%
    80-100% 38 $36,210,000 $952,895 $0 8.39%
    Over 100% 49 $48,935,000 $998,673 $0 8.48%
    Under 20% 33 $5,145,000 $155,909 $0 16.49%