U.S. Bank · Alaska · 2025

U.S. Bank in Alaska: approval rate, denial rate and rates (2025)

U.S. Bank took 93 mortgage applications in Alaska in 2025, ranking #46 of 252 lenders active in the state. It originated 46.2% of them and denied 37.6% (44.3% of the applications it decided), against a statewide denial rate of 14.0%.

93Applicationsin AK
44.3%Decision denial ratestate 18.0%
8.00%Median ratestate 6.44%
$125,000Median loanstate $305,000
$11MVolume13 counties

U.S. Bank in Alaska vs the state

37.6%Denial rate+23.62 pts vs state
44.3%Decision denial rate+26.32 pts vs state
46.2%Origination rate-14.44 pts vs state
8.00%Median rate+1.56 pts vs state
1.05Rate spread (pts)+0.91 pts vs state
$162kMedian applicant income
43Loans originated
35Denied

Trend in Alaska

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023782946.2%7.50%#40
2024803842.5%8.05%#43
2025934337.6%8.00%#46

What U.S. Bank lends in Alaska

By loan purpose

Home purchase 23 25% · 17.4% denied
Refinance 6 6% · 16.7% denied
Cash-out refinance 9 10% · 22.2% denied
Home improvement 28 30% · 42.9% denied
Other / HELOC 27 29% · 59.3% denied

By loan type

Conventional 89 96% · 39.3% denied
VA 4 4% · 0.0% denied

Why it denied Alaska applicants

Collateral 16 46%
Credit history 8 23%
Debt-to-income ratio 7 20%
Unverifiable information 2 6%
Incomplete application 1 3%
Other 1 3%

Where in Alaska

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anchorage Municipality 402113 32.5%
Matanuska-Susitna Borough 1996 31.6%
Fairbanks North Star Borough 1356 46.2%
Kenai Peninsula Borough 531 20.0%
Juneau City and Borough 413 75.0%
Kodiak Island Borough 201 50.0%
Prince of Wales-Hyder Census Area 220 0.0%
Chugach Census Area 211 50.0%
Skagway Municipality 202 100.0%
Hoonah-Angoon 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: 93 applications in 2025, of which 43 were originated and 35 denied.

37.6% of all applications, or 44.3% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.

The median rate on loans U.S. Bank originated in Alaska in 2025 was 8.00%, against a statewide median of 6.44%.

About this data. Figures are U.S. 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