Alaska Mortgage Lending
207 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 19,669 HMDA-reported mortgage applications in Alaska in 2024, originating 10,603 loans and denying 2,765. That puts the statewide denial rate at 14.1% and the approval (origination) rate at 53.9%. The average loan amount across Alaska was $312,464 at an average note rate of 6.82%. 207 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 30 counties and 3 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 62.4% and denial rate of 13.6%; while American Indian or Alaska Native applicants had an approval rate of 53.0% and denial rate of 23.8%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Anchorage Municipality, Matanuska-Susitna Borough, Fairbanks North Star Borough.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Alaska
Top HMDA-reporting lenders active in Alaska. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Global Federal Credit Union | 1,610 | 15.2% |
| 2 | Residential Mortgage, LLC | 1,400 | 13.2% |
| 3 | NEWREZ LLC | 803 | 7.6% |
| 4 | ROCKET MORTGAGE | 631 | 6.0% |
| 5 | Mortgage Research Center | 398 | 3.8% |
Lending by Race in Alaska
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 11,139 | 62.4% | 13.6% |
| American Indian or Alaska Native | 1,060 | 53.0% | 23.8% |
| Asian | 973 | 56.5% | 17.9% |
| Joint | 910 | 65.0% | 12.0% |
| Black or African American | 469 | 56.1% | 17.5% |
| Native Hawaiian or Other Pacific Islander | 174 | 56.3% | 19.0% |
| 2 or more minority races | 93 | 55.9% | 24.7% |
Counties in Alaska
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Anchorage Municipality | 8,161 | 4,442 | 12.9% | $339,796 |
| Matanuska-Susitna Borough | 4,749 | 2,529 | 14.7% | $312,117 |
| Fairbanks North Star Borough | 2,631 | 1,477 | 13.5% | $264,111 |
| Kenai Peninsula Borough | 1,833 | 991 | 14.6% | $279,315 |
| Juneau City and Borough | 825 | 466 | 14.8% | $316,006 |
| Ketchikan Gateway Borough | 227 | 107 | 20.7% | $327,379 |
| Kodiak Island Borough | 205 | 123 | 14.2% | $324,707 |
| Southeast Fairbanks Census Area | 173 | 87 | 9.3% | $269,509 |
| Chugach Census Area | 132 | 72 | 14.4% | $310,000 |
| Sitka City and Borough | 103 | 46 | 18.4% | $361,408 |
| Bethel Census Area | 91 | 42 | 12.1% | $303,132 |
| Nome Census Area | 56 | 32 | 12.5% | $255,357 |
| Prince of Wales-Hyder Census Area | 50 | 23 | 28.0% | $242,200 |
| Haines Borough | 48 | 23 | 18.8% | $216,875 |
| Dillingham Census Area | 45 | 20 | 22.2% | $253,444 |
| Copper River Census Area | 39 | 17 | 20.5% | $240,385 |
| North Slope Borough | 39 | 11 | 30.8% | $204,231 |
| Northwest Arctic Borough | 38 | 10 | 39.5% | $262,632 |
| Denali Borough | 36 | 20 | 16.7% | $238,056 |
| Petersburg Borough | 26 | 12 | 7.7% | $294,615 |
| Hoonah-Angoon Census Area | 21 | 8 | 38.1% | $207,857 |
| Skagway Municipality | 20 | 10 | 25.0% | $318,500 |
| Aleutians West Census Area | 18 | 9 | 16.7% | $326,667 |
| Yukon-Koyukuk Census Area | 16 | 7 | 31.3% | $108,125 |
| Wrangell City and Borough | 12 | 6 | 16.7% | $252,500 |
| Bristol Bay Borough | 9 | 4 | 22.2% | $183,889 |
| Yakutat City and Borough | 8 | 2 | 37.5% | $236,250 |
| Aleutians East Borough | 7 | 2 | 0.0% | $119,286 |
| Kusilvak Census Area | 5 | 0 | 60.0% | $105,000 |
| Lake and Peninsula Borough | 4 | 2 | 25.0% | $252,500 |
Metro Areas in Alaska
Frequently Asked Questions
How many mortgage applications were filed in Alaska?
What is the mortgage denial rate in Alaska?
What is the average mortgage loan amount in Alaska?
How many mortgage lenders operate in Alaska?
How do mortgage denial rates vary by demographics in Alaska?
Which counties in Alaska have the most mortgage activity?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
