The Loan Store · Alaska · 2025

The Loan Store in Alaska: approval rate, denial rate and rates (2025)

The Loan Store took 519 mortgage applications in Alaska in 2025, ranking #7 of 252 lenders active in the state. It originated 73.2% of them and denied 8.5% (9.4% of the applications it decided), against a statewide denial rate of 14.0%.

519Applicationsin AK
9.4%Decision denial ratestate 18.0%
6.50%Median ratestate 6.44%
$325,000Median loanstate $305,000
$133MVolume14 counties

The Loan Store in Alaska vs the state

8.5%Denial rate-5.53 pts vs state
9.4%Decision denial rate-8.58 pts vs state
73.2%Origination rate+12.54 pts vs state
6.50%Median rate+0.06 pts vs state
0.21Rate spread (pts)+0.08 pts vs state
$134kMedian applicant income
380Loans originated
44Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023181411.1%9.44%#72
20243182397.2%6.49%#14
20255193808.5%6.50%#7

What The Loan Store lends in Alaska

By loan purpose

Home purchase 368 71% · 2.2% denied
Refinance 8 2% · 0.0% denied
Cash-out refinance 18 3% · 5.6% denied
Home improvement 31 6% · 38.7% denied
Other / HELOC 94 18% · 24.5% denied

By loan type

Conventional 384 74% · 10.4% denied
FHA 61 12% · 4.9% denied
VA 71 14% · 1.4% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Alaska applicants

Debt-to-income ratio 19 43%
Collateral 13 30%
Incomplete application 7 16%
Credit history 3 7%
Insufficient cash 1 2%
Other 1 2%

Where in Alaska

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 23418218 7.7%
Matanuska-Susitna Borough 16811223 13.7%
Kenai Peninsula Borough 47370 0.0%
Fairbanks North Star Borough 43341 2.3%
Juneau City and Borough 1031 10.0%
Kodiak Island Borough 410 0.0%
Southeast Fairbanks Census Area 321 33.3%
Nome Census Area 320 0.0%
Chugach Census Area 220 0.0%
Bethel Census Area 110 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%
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: 519 applications in 2025, of which 380 were originated and 44 denied.

8.5% of all applications, or 9.4% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans The Loan Store originated in Alaska in 2025 was 6.50%, against a statewide median of 6.44%.

About this data. Figures are The Loan Store'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