Armed Forces Bank in Alaska vs the state
11.5%Denial rate-2.47 pts vs state
12.0%Decision denial rate-5.98 pts vs state
84.6%Origination rate+23.94 pts vs state
6.13%Median rate-0.32 pts vs state
-0.39Rate spread (pts)-0.52 pts vs state
$130kMedian applicant income
22Loans originated
3Denied
Trend in Alaska
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8 | 6 | 12.5% | 6.13% | #101 |
| 2024 | 14 | 11 | 7.1% | 6.50% | #86 |
| 2025 | 26 | 22 | 11.5% | 6.13% | #76 |
What Armed Forces Bank lends in Alaska
By loan purpose
By loan type
Why it denied Alaska applicants
Where in Alaska
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairbanks North Star Borough | 10 | 8 | 2 | 20.0% |
| Matanuska-Susitna Borough | 4 | 3 | 1 | 25.0% |
| Anchorage Municipality | 3 | 2 | 0 | 0.0% |
| Kenai Peninsula Borough | 2 | 2 | 0 | 0.0% |
| Ketchikan Gateway Borough | 2 | 2 | 0 | 0.0% |
| Juneau City and Borough | 2 | 2 | 0 | 0.0% |
| Chugach Census Area | 1 | 1 | 0 | 0.0% |
| Kodiak Island Borough | 1 | 1 | 0 | 0.0% |
| Southeast Fairbanks Census Area | 1 | 1 | 0 | 0.0% |
Other large lenders in Alaska
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Global Federal Credit Union | C | 2,601 | 16.0% | 6.63% |
| Residential Mortgage | B | 1,907 | 4.4% | 6.25% |
| Newrez | D | 1,344 | 4.3% | 6.38% |
| Rocket Mortgage | C | 1,051 | 17.8% | 6.75% |
| Mortgage Research Center | C | 844 | 14.5% | 6.25% |
| United Shore Financial Services | B | 551 | 12.2% | 6.12% |
| The Loan Store | B | 519 | 8.5% | 6.50% |
| NuVision Federal Credit Union | C | 501 | 32.9% | 4.99% |
| CREDIT UNION 1 Credit Union | D | 462 | 11.7% | 7.75% |
| First National Bank Alaska | C | 402 | 9.0% | 6.63% |
Frequently asked questions
Alaska: 26 applications in 2025, of which 22 were originated and 3 denied.
11.5% of all applications, or 12.0% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.
The median rate on loans Armed Forces Bank originated in Alaska in 2025 was 6.13%, against a statewide median of 6.44%.
About this data. Figures are Armed Forces Bank'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