Spirit of Alaska in Alaska vs the state
26.5%Denial rate+12.52 pts vs state
41.3%Decision denial rate+23.29 pts vs state
33.7%Origination rate-27.01 pts vs state
—Median rate
—Rate spread (pts)
$109kMedian applicant income
33Loans originated
26Denied
Trend in Alaska
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 64 | 22 | 32.8% | — | #44 |
| 2024 | 86 | 38 | 27.9% | — | #41 |
| 2025 | 98 | 33 | 26.5% | — | #44 |
What Spirit of Alaska lends in Alaska
By loan purpose
By loan type
Where in Alaska
Counties with the most Spirit of Alaska applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairbanks North Star Borough | 90 | 30 | 23 | 25.6% |
| Chugach Census Area | 2 | 1 | 0 | 0.0% |
| Denali Borough | 2 | 1 | 0 | 0.0% |
| Kenai Peninsula Borough | 1 | 0 | 1 | 100.0% |
| Copper River Census Area | 1 | 1 | 0 | 0.0% |
| Matanuska-Susitna Borough | 1 | 0 | 1 | 100.0% |
| Dillingham Census Area | 1 | 0 | 1 | 100.0% |
Other large lenders in Alaska
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Global Federal Credit Union | C | 2,601 | 16.0% | 6.63% |
| Residential Mortgage | B | 1,907 | 4.4% | 6.25% |
| Newrez | D | 1,344 | 4.3% | 6.38% |
| Rocket Mortgage | C | 1,051 | 17.8% | 6.75% |
| Mortgage Research Center | C | 844 | 14.5% | 6.25% |
| United Shore Financial Services | B | 551 | 12.2% | 6.12% |
| The Loan Store | B | 519 | 8.5% | 6.50% |
| NuVision Federal Credit Union | C | 501 | 32.9% | 4.99% |
| CREDIT UNION 1 Credit Union | D | 462 | 11.7% | 7.75% |
| First National Bank Alaska | C | 402 | 9.0% | 6.63% |
Frequently asked questions
Alaska: 98 applications in 2025, of which 33 were originated and 26 denied.
26.5% of all applications, or 41.3% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Spirit of 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