First National Bank Alaska · Alaska · 2025

First National Bank Alaska in Alaska: approval rate, denial rate and rates (2025)

First National Bank Alaska took 402 mortgage applications in Alaska in 2025, ranking #10 of 252 lenders active in the state. It originated 50.5% of them and denied 9.0% (14.8% of the applications it decided), against a statewide denial rate of 14.0%.

402Applicationsin AK
14.8%Decision denial ratestate 18.0%
6.63%Median ratestate 6.44%
$325,000Median loanstate $305,000
$100MVolume21 counties

First National Bank Alaska in Alaska vs the state

9.0%Denial rate-5.05 pts vs state
14.8%Decision denial rate-3.17 pts vs state
50.5%Origination rate-10.18 pts vs state
6.63%Median rate+0.18 pts vs state
0.08Rate spread (pts)-0.06 pts vs state
$118kMedian applicant income
203Loans originated
36Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233701895.1%6.50%#10
20243822007.6%6.63%#10
20254022039.0%6.63%#10

What First National Bank Alaska lends in Alaska

By loan purpose

Home purchase 275 68% · 6.6% denied
Refinance 56 14% · 12.5% denied
Cash-out refinance 50 12% · 18.0% denied
Home improvement 13 3% · 0.0% denied
Other / HELOC 8 2% · 25.0% denied

By loan type

Conventional 375 93% · 9.6% denied
FHA 14 3% · 0.0% denied
VA 12 3% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Alaska applicants

Credit history 17 47%
Debt-to-income ratio 11 31%
Collateral 6 17%
Employment history 2 6%

Where in Alaska

Counties with the most First National Bank Alaska applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Matanuska-Susitna Borough 1135411 9.7%
Anchorage Municipality 103594 3.9%
Kenai Peninsula Borough 79398 10.1%
Kodiak Island Borough 1752 11.8%
Chugach Census Area 14111 7.1%
Juneau City and Borough 1451 7.1%
Fairbanks North Star Borough 1443 21.4%
Sitka City and Borough 750 0.0%
Haines Borough 732 28.6%
Copper River Census Area 550 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%
Navy Federal Credit UnionD 37019.2%6.25%

Frequently asked questions

Alaska: 402 applications in 2025, of which 203 were originated and 36 denied.

9.0% of all applications, or 14.8% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans First National Bank Alaska originated in Alaska in 2025 was 6.63%, against a statewide median of 6.44%.

About this data. Figures are First National Bank Alaska'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