MT MCKINLEY BANK
FAIRBANKS, AK
MT MCKINLEY BANK processed 175 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 130 loans with a 5.7% denial rate. Home Purchase was the primary loan purpose. Based in FAIRBANKS, AK. The approval rate of 74.3% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. MT MCKINLEY BANK processed 175 HMDA-reported mortgage applications in 2024, originating 130 loans and denying 10 for a denial rate of 5.7% (applicants themselves withdrew 32 files before a decision). The average loan amount was $230,486. The lender reports under LEI 25490011JA7PP73YY190 from FAIRBANKS, AK.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. MT MCKINLEY BANK's 74.3% origination rate tells you how often an application turned into funded money; the 5.7% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (148 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 148 | 110 | 9 | $214,459 |
| FHA | 15 | 11 | 1 | $331,667 |
| VA | 12 | 9 | 0 | $301,667 |
Top loan types — MT MCKINLEY BANK
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for MT MCKINLEY BANK (LEI: 25490011JA7PP73YY190) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 124 | 94 | $266,935 |
| Other | 19 | 14 | $86,579 |
| Refinancing | 13 | 7 | $278,846 |
| Home Improvement | 11 | 7 | $73,182 |
| Cash-out Refinancing | 8 | 8 | $145,000 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 149 | 73.8% | 4.7% |
| Joint | 8 | 100.0% | 0.0% |
| Asian | 5 | 80.0% | 20.0% |
| Black or African American | 5 | 100.0% | 0.0% |
| American Indian or Alaska Native | 2 | 100.0% | 0.0% |
Lending by Ethnicity
Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 160 | 76.9% | 5.0% |
| Hispanic or Latino | 6 | 50.0% | 0.0% |
| Joint | 3 | 100.0% | 0.0% |
Nearby Lenders in AK
Other HMDA-reporting lenders in AK with similar activity. Compare any two side-by-side.
Global Federal Credit Union
Anchorage, AK
Residential Mortgage, LLC
Anchorage, AK
Credit Union 1
Anchorage, AK
FIRST NATIONAL BANK ALASKA
ANCHORAGE, AK
TRUE NORTH FEDERAL CREDIT UNION
JUNEAU, AK
Mortgage Lending Guides
Frequently Asked Questions
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Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.