Anchor Home Mortgage Review 2022

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At a glance

Anchor Home Mortgage


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Bankrate Score

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Loans offered

Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term, cash-out and streamline refinancing; home equity line of credit (HELOC), home equity loan; non-QM loan
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Nationwide availability

Available in Florida and Georgia
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Min. credit score required

620 for conventional loans; 680 for jumbo loans; 580 for FHA loans; 680 for HELOCs; 660 for home equity loans

Pros and cons


  • Working with a broker, borrowers have access to more lender, loan and rate options
  • Closings typically within 30 days
  • Website provides helpful resources including loan calculators, forms and glossary


  • Doesn’t offer construction, land/lot or rehab loans
  • Only available in two states

Anchor Home Mortgage overview

Anchor Home Mortgage is an online mortgage broker with one brick-and-mortar location that originates loans for over 50 lenders and banks. The company was established in 2008 and is headquartered in Alpharetta, Georgia.

Good for

Borrowers in Florida and Georgia interested in non-QM options and quick closings

Loan types

  • Conventional
  • Jumbo
  • FHA
  • VA
  • USDA
  • Fixed-rate
  • Adjustable-rate
  • Rate-and-term, cash-out and streamline refinancing
  • Home equity line of credit (HELOC)
  • Home equity loan
  • Non-QM loan

Lender fees

Anchor Home Mortgage charges a $1,050 underwriting fee.


Anchor Home Mortgage is a broker that works with several lenders, and does not display mortgage rates on its website.

Online services

The Anchor Home Mortgage website offers a convenient online application and a range of calculators to help borrowers understand the costs of homebuying and homeownership. Rates, however, are not publicly advertised online.

Minimum borrower requirements

Anchor Home Mortgage adheres to the conforming loan requirements and underwriting guidelines for mortgages approved by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, as well as those backed by the Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA). The requirements vary based on the loan and borrower. The broker will consider alternative credit data, such as rent payment history, on loans that allow this information in underwriting.

Refinancing with Anchor Home Mortgage 

You can refinance an existing loan with Anchor Home Mortgage. Cash-out refinances are also available. Refinance rates are not listed online, though. You will need to complete an application for more information. 

Not sure if Anchor Home Mortgage is right for you? Consider these alternatives

Breakdown of Anchor Home Mortgage overall review score 

  • Affordability: 3/5
  • Availability: 4.3/5
  • Borrower experience: 4.3/5

Review methodology

To determine a mortgage lender’s Bankrate Score, Bankrate’s editorial team rates lenders on a scale of one to five stars based on a variety of factors relating to the lender’s products and services. Bankrate’s partners compensate us, but our opinions are our own, and partner relationships do not influence our reviews. Here is our full methodology.

Anchor Home Mortgage consumer reviews


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16 reviews

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Customer service rating

Level of service

81% of reviews would recommend this lender

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Review this lender

Write a review of your experience with Anchor Home Mortgage Inc.

Written by
David McMillin
Contributing writer
David McMillin is a contributing writer for Bankrate and covers topics like credit cards, mortgages, banking, taxes and travel. David's goal is to help readers figure out how to save more and stress less.
Edited by
Mortgage editor