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2024 data HMDA 2024 disclosure official source

Kodiak Island Borough

205 mortgage applications, 14.2% denial rate. Verify FIPS 02150 with U.S. Census Bureau →

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Alaska · FIPS 02150

Local mortgage market. Kodiak Island Borough, Alaska saw 205 HMDA-reported mortgage applications in 2024. Lenders originated 123 of those loans and denied 29, producing a denial rate of 14.2% and an approval (origination) rate of 60.0%. The average loan amount was $324,707 at an average note rate of 6.71%, with applicants self-reporting average annual income of $36K. 30 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 9.0x, meaning typical borrowers took on mortgages of about 9.0 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.

FIPS 02150 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

205
Applications
123
Originated
14.2%
Denial Rate
60.0%
Approval Rate
$324,707
Avg Loan Amount
6.71%
Avg Interest Rate
$36K
Avg Applicant Income
9.0x
Loan-to-Income Ratio

Nearby Lenders in Kodiak Island Borough

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Residential Mortgage, LLC 40 32.5%
2 Credit Union 1 11 8.9%
3 PRIMELENDING 8 6.5%
4 Rocket Mortgage 6 4.9%
5 Global Federal Credit Union 6 4.9%
Compare Residential Mortgage, LLC vs Credit Union 1 →

Frequently Asked Questions

How many mortgage applications were filed in Kodiak Island Borough?
In the 2024 HMDA reporting year, 205 mortgage applications were filed in Kodiak Island Borough, Alaska. Of these, 123 were originated (approved and funded), while 29 were denied, resulting in a denial rate of 14.2%.
What is the mortgage denial rate in Kodiak Island Borough?
The mortgage denial rate in Kodiak Island Borough is 14.2%. The approval (origination) rate is 60.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Kodiak Island Borough?
The average mortgage loan amount in Kodiak Island Borough is $324,707. The average interest rate is 6.714%. The average applicant income is $36K.
What is the loan-to-income ratio in Kodiak Island Borough?
The average loan-to-income ratio in Kodiak Island Borough is 9.0x, meaning borrowers took on loans averaging 9.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Kodiak Island Borough?
The top mortgage lenders in Kodiak Island Borough by origination volume are Residential Mortgage, LLC, Credit Union 1, PRIMELENDING. In total, 30 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.