Kenai Peninsula Borough
Alaska · FIPS 02122
According to CFPB HMDA 2024 application volume among U.S. counties, Kenai Peninsula Borough ranks #989 of 3,223, and #4 of 30 in Alaska.
Mortgage lending activity in Kenai Peninsula Borough, Alaska based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Kenai Peninsula Borough, Alaska lenders denied 267 of the applications reported here, financing the rest at an average note rate of 7.01%, with applicants self-reporting average annual income of $37K. 95 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 7.5x, meaning typical borrowers took on mortgages of about 7.5 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Kenai Peninsula Borough
In Kenai Peninsula Borough, lead originator Global Federal Credit Union funded 27.3% of 991 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 44.5% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Kenai Peninsula Borough's 1,833 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Kenai Peninsula Borough's $279,315 average loan (deduped against volume peers).
Lenders active in Kenai Peninsula Borough
Global Federal Credit Union funded 271 of the 991 loans originated in Kenai Peninsula Borough, 27.3% of the county. 95 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Global Federal Credit Union | 271 | 27.3% |
| 2 | Residential Mortgage, LLC | 113 | 11.4% |
| 3 | Cornerstone Capital Bank, SSB | 57 | 5.8% |
| 4 | Rocket Mortgage | 54 | 5.4% |
| 5 | First National Bank Alaska | 48 | 4.8% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Kenai Peninsula Borough, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Kenai Peninsula Borough borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.