Residential Mortgage · Alaska · 2025

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

Residential Mortgage took 1,907 mortgage applications in Alaska in 2025, ranking #2 of 252 lenders active in the state. It originated 75.8% of them and denied 4.4% (5.5% of the applications it decided), against a statewide denial rate of 14.0%.

1.9kApplicationsin AK
5.5%Decision denial ratestate 18.0%
6.25%Median ratestate 6.44%
$375,000Median loanstate $305,000
$579MVolume21 counties

Residential Mortgage in Alaska vs the state

4.4%Denial rate-9.61 pts vs state
5.5%Decision denial rate-12.52 pts vs state
75.8%Origination rate+15.09 pts vs state
6.25%Median rate-0.19 pts vs state
-0.01Rate spread (pts)-0.14 pts vs state
$132kMedian applicant income
1,445Loans originated
84Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,5281,1933.3%6.38%#2
20241,7941,4003.0%6.25%#2
20251,9071,4454.4%6.25%#2

What Residential Mortgage lends in Alaska

By loan purpose

Home purchase 1,642 86% · 3.1% denied
Refinance 123 6% · 11.4% denied
Cash-out refinance 142 7% · 13.4% denied

By loan type

Conventional 1,323 69% · 4.5% denied
FHA 268 14% · 5.2% denied
VA 304 16% · 3.3% denied
USDA / RHS 12 1% · 8.3% denied

Why it denied Alaska applicants

Debt-to-income ratio 27 32%
Collateral 23 27%
Credit history 22 26%
Other 6 7%
Employment history 3 4%
Insufficient cash 2 2%
Unverifiable information 1 1%

Where in Alaska

Counties with the most Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 1,14187450 4.4%
Matanuska-Susitna Borough 33024815 4.5%
Kenai Peninsula Borough 1471027 4.8%
Fairbanks North Star Borough 127975 3.9%
Kodiak Island Borough 45353 6.7%
Chugach Census Area 24201 4.2%
Nome Census Area 22210 0.0%
Ketchikan Gateway Borough 18110 0.0%
Juneau City and Borough 17111 5.9%
North Slope Borough 630 0.0%

Other large lenders in Alaska

LenderGradeApplicationsDenial rateMedian rate
Global Federal Credit UnionC 2,60116.0%6.63%
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%
Navy Federal Credit UnionD 37019.2%6.25%

Frequently asked questions

Alaska: 1,907 applications in 2025, of which 1,445 were originated and 84 denied.

4.4% of all applications, or 5.5% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans Residential Mortgage originated in Alaska in 2025 was 6.25%, against a statewide median of 6.44%.

About this data. Figures are Residential Mortgage'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