OCMBC · Alaska · 2025

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

OCMBC took 30 mortgage applications in Alaska in 2025, ranking #70 of 252 lenders active in the state. It originated 46.7% of them and denied 16.7% (25.0% of the applications it decided), against a statewide denial rate of 14.0%.

30Applicationsin AK
25.0%Decision denial ratestate 18.0%
7.06%Median ratestate 6.44%
$385,000Median loanstate $305,000
$4.2MVolume5 counties

OCMBC in Alaska vs the state

16.7%Denial rate+2.66 pts vs state
25.0%Decision denial rate+7.02 pts vs state
46.7%Origination rate-14.01 pts vs state
7.06%Median rate+0.62 pts vs state
1.05Rate spread (pts)+0.91 pts vs state
$135kMedian applicant income
14Loans originated
5Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
202415920.0%7.63%#82
2025301416.7%7.06%#70

What OCMBC lends in Alaska

By loan purpose

Home purchase 21 70% · 23.8% denied
Refinance 2 7% · 0.0% denied
Cash-out refinance 7 23% · 0.0% denied

By loan type

Conventional 22 73% · 13.6% denied
FHA 8 27% · 25.0% denied

Why it denied Alaska applicants

Incomplete application 3 60%
Collateral 1 20%
Credit history 1 20%

Where in Alaska

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 1464 28.6%
Matanuska-Susitna Borough 941 11.1%
Kenai Peninsula Borough 330 0.0%
Fairbanks North Star Borough 310 0.0%
Ketchikan Gateway Borough 100 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: 30 applications in 2025, of which 14 were originated and 5 denied.

16.7% of all applications, or 25.0% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans OCMBC originated in Alaska in 2025 was 7.06%, against a statewide median of 6.44%.

About this data. Figures are OCMBC'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