Commerce Home Mortgage · Alaska · 2025

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

Commerce Home Mortgage took 15 mortgage applications in Alaska in 2025, ranking #91 of 252 lenders active in the state. It originated 26.7% of them and denied 20.0% (42.9% of the applications it decided), against a statewide denial rate of 14.0%.

15Applicationsin AK
42.9%Decision denial ratestate 18.0%
7.56%Median ratestate 6.44%
$365,000Median loanstate $305,000
$1.7MVolume4 counties

Commerce Home Mortgage in Alaska vs the state

20.0%Denial rate+5.99 pts vs state
42.9%Decision denial rate+24.88 pts vs state
26.7%Origination rate-34.01 pts vs state
7.56%Median rate+1.12 pts vs state
1.44Rate spread (pts)+1.31 pts vs state
$214kMedian applicant income
4Loans originated
3Denied

What Commerce Home Mortgage lends in Alaska

By loan purpose

Home purchase 8 53% · 25.0% denied
Refinance 1 7% · 0.0% denied
Cash-out refinance 6 40% · 16.7% denied

By loan type

Conventional 15 100% · 20.0% denied

Why it denied Alaska applicants

Collateral 3 100%

Where in Alaska

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 830 0.0%
Matanuska-Susitna Borough 312 66.7%
Juneau City and Borough 300 0.0%
Kenai Peninsula Borough 101 100.0%

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: 15 applications in 2025, of which 4 were originated and 3 denied.

20.0% of all applications, or 42.9% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans Commerce Home Mortgage originated in Alaska in 2025 was 7.56%, against a statewide median of 6.44%.

About this data. Figures are Commerce Home 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