Palm Beach Gardens, Florida – Anchor Bank, a community bank based in Palm Beach Gardens, announced that it is accepting applications from South Florida mortgage brokers seeking capital to fund mortgage loans, enabling them to control the financing process for their clients.

Anchor Bank will provide the necessary capital through a warehouse line of credit, a form of asset-based commercial lending with a short-term risk classification rather than a traditional longer-term mortgage classification. The life of the line of credit will extend from its origin until the moment it is sold on the secondary.

“Anchor Bank has identified demand from mortgage brokers wanting to transition into mortgage lenders,” said Nelson Hinojosa, president and CEO of Anchor Bank. “We look forward to providing them with the opportunity to excel and provide full service to their clients during this extraordinary real estate boom.”

Interested mortgage brokers are encouraged to contact Senior Vice President, Commercial Lender Robyn Bracero at (561) 383-3163.

About Anchor Bank
Anchor Bank is a private community bank headquartered in Palm Beach Gardens with $240 million in assets as of March 31, 2021. The Bank currently has five full-service locations in Palm Beach Gardens, Boca Raton, Lake Worth, Hallandale Beach and Coral Pinions. The Coral Gables location also offers wealth management services. Since 2005, Anchor Bank has focused on providing customers with responsive and personalized banking solutions and now serves customers throughout the South Florida Tri-County market. For more information, please visit www.AnchorBank.com