American Financing · Alaska · 2025

American Financing in Alaska: approval rate, denial rate and rates (2025)

American Financing took 67 mortgage applications in Alaska in 2025, ranking #51 of 252 lenders active in the state. It originated 22.4% of them and denied 46.3% (63.3% of the applications it decided), against a statewide denial rate of 14.0%.

67Applicationsin AK
63.3%Decision denial ratestate 18.0%
5.99%Median ratestate 6.44%
$295,000Median loanstate $305,000
$4.0MVolume10 counties

American Financing in Alaska vs the state

46.3%Denial rate+32.26 pts vs state
63.3%Decision denial rate+45.29 pts vs state
22.4%Origination rate-38.29 pts vs state
5.99%Median rate-0.45 pts vs state
0.24Rate spread (pts)+0.11 pts vs state
$90kMedian applicant income
15Loans originated
31Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023321231.3%6.56%#57
2024491455.1%5.88%#57
2025671546.3%5.99%#51

What American Financing lends in Alaska

By loan purpose

Home purchase 3 4% · 0.0% denied
Refinance 15 22% · 60.0% denied
Cash-out refinance 44 66% · 45.5% denied
Other / HELOC 5 7% · 40.0% denied

By loan type

Conventional 24 36% · 33.3% denied
FHA 35 52% · 54.3% denied
VA 8 12% · 50.0% denied

Why it denied Alaska applicants

Credit history 8 26%
Debt-to-income ratio 8 26%
Other 8 26%
Collateral 3 10%
Incomplete application 3 10%
Unverifiable information 1 3%

Where in Alaska

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 22412 54.5%
Matanuska-Susitna Borough 2058 40.0%
Fairbanks North Star Borough 935 55.6%
Kenai Peninsula Borough 803 37.5%
Juneau City and Borough 311 33.3%
Kodiak Island Borough 101 100.0%
Sitka City and Borough 110 0.0%
Aleutians West Census Area 101 100.0%
Petersburg Borough 110 0.0%
Southeast Fairbanks Census Area 100 0.0%

Other large lenders in Alaska

LenderGradeApplicationsDenial rateMedian rate
Global Federal Credit UnionC 2,60116.0%6.63%
Residential MortgageB 1,9074.4%6.25%
NewrezD 1,3444.3%6.38%
Rocket MortgageC 1,05117.8%6.75%
Mortgage Research CenterC 84414.5%6.25%
United Shore Financial ServicesB 55112.2%6.12%
The Loan StoreB 5198.5%6.50%
NuVision Federal Credit UnionC 50132.9%4.99%
CREDIT UNION 1 Credit UnionD 46211.7%7.75%
First National Bank AlaskaC 4029.0%6.63%

Frequently asked questions

Alaska: 67 applications in 2025, of which 15 were originated and 31 denied.

46.3% of all applications, or 63.3% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans American Financing originated in Alaska in 2025 was 5.99%, against a statewide median of 6.44%.

About this data. Figures are American Financing's own HMDA filing for properties located in Alaska, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology