Pennymac Loan Services · Alaska · 2025

Pennymac Loan Services in Alaska: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 310 mortgage applications in Alaska in 2025, ranking #17 of 252 lenders active in the state. It originated 47.1% of them and denied 13.6% (20.9% of the applications it decided), against a statewide denial rate of 14.0%.

310Applicationsin AK
20.9%Decision denial ratestate 18.0%
6.12%Median ratestate 6.44%
$325,000Median loanstate $305,000
$48MVolume13 counties

Pennymac Loan Services in Alaska vs the state

13.6%Denial rate-0.46 pts vs state
20.9%Decision denial rate+2.92 pts vs state
47.1%Origination rate-13.58 pts vs state
6.12%Median rate-0.32 pts vs state
-0.10Rate spread (pts)-0.24 pts vs state
$124kMedian applicant income
146Loans originated
42Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231417411.4%5.75%#26
202429017310.0%5.75%#15
202531014613.6%6.12%#17

What Pennymac Loan Services lends in Alaska

By loan purpose

Home purchase 59 19% · 17.0% denied
Refinance 117 38% · 3.4% denied
Cash-out refinance 59 19% · 23.7% denied
Other / HELOC 75 24% · 18.7% denied

By loan type

Conventional 112 36% · 17.0% denied
FHA 57 18% · 19.3% denied
VA 139 45% · 8.6% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Alaska applicants

Collateral 13 31%
Credit history 9 21%
Debt-to-income ratio 6 14%
Incomplete application 5 12%
Unverifiable information 4 10%
Other 3 7%
Employment history 1 2%
Insufficient cash 1 2%

Where in Alaska

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 1416327 19.1%
Matanuska-Susitna Borough 85417 8.2%
Fairbanks North Star Borough 40243 7.5%
Juneau City and Borough 1333 23.1%
Kenai Peninsula Borough 851 12.5%
Chugach Census Area 520 0.0%
Kodiak Island Borough 520 0.0%
Ketchikan Gateway Borough 410 0.0%
Southeast Fairbanks Census Area 421 25.0%
Wrangell City and Borough 210 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: 310 applications in 2025, of which 146 were originated and 42 denied.

13.6% of all applications, or 20.9% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans Pennymac Loan Services originated in Alaska in 2025 was 6.12%, against a statewide median of 6.44%.

About this data. Figures are Pennymac Loan Services'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