Figure Lending · Alaska · 2025

Figure Lending in Alaska: approval rate, denial rate and rates (2025)

Figure Lending took 166 mortgage applications in Alaska in 2025, ranking #29 of 252 lenders active in the state. It originated 47.6% of them and denied 31.3% (32.7% of the applications it decided), against a statewide denial rate of 14.0%.

166Applicationsin AK
32.7%Decision denial ratestate 18.0%
8.95%Median ratestate 6.44%
$75,000Median loanstate $305,000
$6.8MVolume9 counties

Figure Lending in Alaska vs the state

31.3%Denial rate+17.32 pts vs state
32.7%Decision denial rate+14.72 pts vs state
47.6%Origination rate-13.09 pts vs state
8.95%Median rate+2.51 pts vs state
2.40Rate spread (pts)+2.27 pts vs state
$119kMedian applicant income
79Loans originated
52Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023853148.2%11.10%#35
20241195829.4%10.93%#34
20251667931.3%8.95%#29

What Figure Lending lends in Alaska

By loan purpose

Home improvement 44 27% · 20.5% denied
Other / HELOC 122 73% · 35.3% denied

By loan type

Conventional 166 100% · 31.3% denied

Why it denied Alaska applicants

Debt-to-income ratio 18 35%
Incomplete application 14 27%
Collateral 9 17%
Other 7 13%
Credit history 4 8%

Where in Alaska

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 613514 23.0%
Matanuska-Susitna Borough 402112 30.0%
Fairbanks North Star Borough 35138 22.9%
Kenai Peninsula Borough 18610 55.6%
Juneau City and Borough 633 50.0%
Chugach Census Area 303 100.0%
Nome Census Area 101 100.0%
Sitka City and Borough 110 0.0%
Ketchikan Gateway 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: 166 applications in 2025, of which 79 were originated and 52 denied.

31.3% of all applications, or 32.7% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans Figure Lending originated in Alaska in 2025 was 8.95%, against a statewide median of 6.44%.

About this data. Figures are Figure Lending'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