The Federal Savings Bank · Alaska · 2025

The Federal Savings Bank in Alaska: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 119 mortgage applications in Alaska in 2025, ranking #38 of 252 lenders active in the state. It originated 32.8% of them and denied 10.9% (23.2% of the applications it decided), against a statewide denial rate of 14.0%.

119Applicationsin AK
23.2%Decision denial ratestate 18.0%
6.25%Median ratestate 6.44%
$385,000Median loanstate $305,000
$18MVolume10 counties

The Federal Savings Bank in Alaska vs the state

10.9%Denial rate-3.09 pts vs state
23.2%Decision denial rate+5.23 pts vs state
32.8%Origination rate-27.91 pts vs state
6.25%Median rate-0.19 pts vs state
0.21Rate spread (pts)+0.08 pts vs state
$101kMedian applicant income
39Loans originated
13Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023963613.5%6.31%#34
2024109388.3%6.19%#36
20251193910.9%6.25%#38

What The Federal Savings Bank lends in Alaska

By loan purpose

Home purchase 3 3% · 0.0% denied
Refinance 19 16% · 26.3% denied
Cash-out refinance 92 77% · 7.6% denied
Home improvement 4 3% · 25.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 4 3% · 0.0% denied
FHA 8 7% · 12.5% denied
VA 107 90% · 11.2% denied

Why it denied Alaska applicants

Credit history 4 31%
Incomplete application 3 23%
Debt-to-income ratio 3 23%
Other 2 15%
Unverifiable information 1 8%

Where in Alaska

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 49135 10.2%
Matanuska-Susitna Borough 33132 6.1%
Fairbanks North Star Borough 1664 25.0%
Kenai Peninsula Borough 620 0.0%
Juneau City and Borough 520 0.0%
Ketchikan Gateway Borough 401 25.0%
Kodiak Island Borough 320 0.0%
Sitka City and Borough 100 0.0%
Nome Census Area 110 0.0%
Chugach Census Area 101 100.0%

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: 119 applications in 2025, of which 39 were originated and 13 denied.

10.9% of all applications, or 23.2% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans The Federal Savings Bank originated in Alaska in 2025 was 6.25%, against a statewide median of 6.44%.

About this data. Figures are The Federal Savings Bank'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