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Last Updated: 04/18/2025

Anchor Financial Mortgage

in Mortgage Brokers from Anchor Financial Mortgage, Inc

Last Updated: 04/18/2025

Anchor Financial Mortgage, Inc logo
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Interest Rate Types Offered

  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
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Anchor Financial Mortgage Review

Anchor Financial Mortgage services are offered by Anchor Financial Mortgage, Inc (NMLS #2471), a licensed broker founded in 2006 and based in Pawtucket, RI. Anchor Financial Mortgage services available in 50 states, 5 US territories, and Washington, DC.

Anchor Financial Mortgage FAQ

How does Anchor Financial Mortgage get paid?

Mortgage brokers get paid either by lenders or by borrowers. However, they cannot receive compensation from both parties.

What fees does Anchor Financial Mortgage charge?

Although cost should not be the only factor when choosing mortgage brokers, it is smart to compare the rates, fees, and services mortgage brokers offer before making a decision.

Does Anchor Financial Mortgage charge broker administration fees?

No, Anchor Financial Mortgage does not charge a broker administration fee.

Does Anchor Financial Mortgage charge broker loan origination fees?

No, Anchor Financial Mortgage does not charge a broker loan origination fees.

Does Anchor Financial Mortgage charge broker upfront fees?

No, Anchor Financial Mortgage does not charge broker upfront fees.

Does Anchor Financial Mortgage charge a yield-spread premium?

No, Anchor Financial Mortgage does not receive a yield spread premium from borrowers. Brokers that are paid a yield-spread premium from lenders have an incentive to steer borrowers to lenders thatt offer higher yield-spread premiums even if they qualify for a lower interest with another lender. This is not always bad for borrowers as it can lower the upfront costs of a mortgage. For instance, borrowers who only plan to hold a mortgage for a few years may find this option cheaper.

What mortgage programs does Anchor Financial Mortgage offer?

Anchor Financial Mortgage offers the following mortgage programs:
  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What types of mortgage does Anchor Financial Mortgage broker?

Anchor Financial Mortgage works with the following types of mortgages:

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

One Lonsdale Avenue
Pawtucket, RI 02860
(401) 495-3100
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Email Support

Hours of Operation

Sunday
Closed
Monday
9:00AM - 8:00PM
Tuesday
9:00AM - 8:00PM
Wednesday
9:00AM - 8:00PM
Thursday
9:00AM - 8:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Anchor Financial Mortgage Community Reviews

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