Canopy Mortgage · Alaska · 2025

Canopy Mortgage in Alaska: approval rate, denial rate and rates (2025)

Canopy Mortgage took 126 mortgage applications in Alaska in 2025, ranking #35 of 252 lenders active in the state. It originated 77.8% of them and denied 0.8% (1.0% of the applications it decided), against a statewide denial rate of 14.0%.

126Applicationsin AK
1.0%Decision denial ratestate 18.0%
6.25%Median ratestate 6.44%
$375,000Median loanstate $305,000
$37MVolume6 counties

Canopy Mortgage in Alaska vs the state

0.8%Denial rate-13.22 pts vs state
1.0%Decision denial rate-16.98 pts vs state
77.8%Origination rate+17.10 pts vs state
6.25%Median rate-0.19 pts vs state
0.08Rate spread (pts)-0.06 pts vs state
$130kMedian applicant income
98Loans originated
1Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231250.0%6.88%#88
2024107880.0%6.44%#37
2025126980.8%6.25%#35

What Canopy Mortgage lends in Alaska

By loan purpose

Home purchase 105 83% · 0.0% denied
Refinance 12 10% · 0.0% denied
Cash-out refinance 9 7% · 11.1% denied

By loan type

Conventional 71 56% · 1.4% denied
FHA 27 21% · 0.0% denied
VA 26 21% · 0.0% denied
USDA / RHS 2 2% · 0.0% denied

Why it denied Alaska applicants

Collateral 1 100%

Where in Alaska

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Matanuska-Susitna Borough 87651 1.1%
Anchorage Municipality 30260 0.0%
Kenai Peninsula Borough 440 0.0%
Fairbanks North Star Borough 220 0.0%
Copper River Census Area 100 0.0%
Haines Borough 110 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: 126 applications in 2025, of which 98 were originated and 1 denied.

0.8% of all applications, or 1.0% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans Canopy Mortgage originated in Alaska in 2025 was 6.25%, against a statewide median of 6.44%.

About this data. Figures are Canopy Mortgage'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