Bank of America in Alaska vs the state
40.3%Denial rate+26.30 pts vs state
56.0%Decision denial rate+38.05 pts vs state
31.6%Origination rate-29.05 pts vs state
6.31%Median rate-0.13 pts vs state
1.73Rate spread (pts)+1.60 pts vs state
$148kMedian applicant income
62Loans originated
79Denied
Trend in Alaska
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 224 | 50 | 60.7% | 7.49% | #19 |
| 2024 | 202 | 66 | 36.1% | 7.49% | #24 |
| 2025 | 196 | 62 | 40.3% | 6.31% | #24 |
What Bank of America lends in Alaska
By loan purpose
By loan type
Why it denied Alaska applicants
Where in Alaska
Counties with the most Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anchorage Municipality | 94 | 35 | 34 | 36.2% |
| Matanuska-Susitna Borough | 29 | 9 | 11 | 37.9% |
| Kenai Peninsula Borough | 20 | 3 | 11 | 55.0% |
| Fairbanks North Star Borough | 19 | 5 | 11 | 57.9% |
| Juneau City and Borough | 12 | 4 | 3 | 25.0% |
| Nome Census Area | 6 | 2 | 4 | 66.7% |
| Kodiak Island Borough | 4 | 1 | 2 | 50.0% |
| Ketchikan Gateway Borough | 4 | 1 | 2 | 50.0% |
| Sitka City and Borough | 2 | 1 | 0 | 0.0% |
| Haines Borough | 1 | 0 | 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: 196 applications in 2025, of which 62 were originated and 79 denied.
40.3% of all applications, or 56.0% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.
The median rate on loans Bank of America originated in Alaska in 2025 was 6.31%, against a statewide median of 6.44%.
About this data. Figures are Bank of America'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