First National Bank Alaska at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
31st14.8% deniedPricingmedian rate spread over APOR, weight 30%
74th0.08 ptsProcesswithdrawn + incomplete share, weight 15%
2nd39.6%Closing coststotal loan costs ÷ loan amount, weight 10%
35th2.32% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 370 | 189 | 5.1% | 9.1% | 6.50% | $80M |
| 2024 | 382 | 200 | 7.6% | 12.5% | 6.63% | $80M |
| 2025 | 402 | 203 | 9.0% | 14.8% | 6.63% | $100M |
What First National Bank Alaska lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 92 investment properties.
Why First National Bank Alaska denies applications
Primary reason reported for each of the 36 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First National Bank Alaska
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 23 | 4 | 66.7% |
| $50k – $100k | 111 | 45 | 24.2% |
| $100k – $150k | 79 | 42 | 8.5% |
| $150k – $250k | 85 | 37 | 15.9% |
| Over $250k | 48 | 28 | 6.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 79 | 33 | 17.1% |
| 35–44 | 100 | 46 | 16.1% |
| 45–54 | 73 | 37 | 18.8% |
| 55–64 | 68 | 29 | 17.1% |
| 65–74 | 25 | 17 | 5.6% |
Where First National Bank Alaska lends
1 states and 21 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alaska | 402 | 203 | 9.0% | 6.63% | #10 |
Frequently asked questions
First National Bank Alaska denied 14.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 31st percentile of small mortgage lenders.
The most common reason First National Bank Alaska gave in 2025 was "credit history", cited on 47.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First National Bank Alaska originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.08 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 68% of its applications were for home purchases, 26% for refinancing (including cash-out), and 5% for home improvement or other purposes. By loan type: 93% conventional, 3% FHA, 3% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.