Wells Fargo Bank in Alaska vs the state
20.2%Denial rate+6.15 pts vs state
30.1%Decision denial rate+12.14 pts vs state
46.8%Origination rate-13.91 pts vs state
6.50%Median rate+0.06 pts vs state
0.23Rate spread (pts)+0.10 pts vs state
$110kMedian applicant income
116Loans originated
50Denied
Trend in Alaska
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 322 | 134 | 29.8% | 6.25% | #14 |
| 2024 | 280 | 115 | 30.0% | 6.50% | #17 |
| 2025 | 248 | 116 | 20.2% | 6.50% | #20 |
What Wells Fargo Bank lends in Alaska
By loan purpose
By loan type
Why it denied Alaska applicants
Where in Alaska
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anchorage Municipality | 93 | 41 | 19 | 20.4% |
| Matanuska-Susitna Borough | 38 | 23 | 5 | 13.2% |
| Kenai Peninsula Borough | 29 | 14 | 3 | 10.3% |
| Fairbanks North Star Borough | 26 | 11 | 6 | 23.1% |
| Juneau City and Borough | 10 | 3 | 3 | 30.0% |
| Chugach Census Area | 9 | 3 | 3 | 33.3% |
| Ketchikan Gateway Borough | 8 | 4 | 4 | 50.0% |
| Kodiak Island Borough | 5 | 4 | 1 | 20.0% |
| Southeast Fairbanks Census Area | 5 | 2 | 0 | 0.0% |
| Haines Borough | 4 | 3 | 0 | 0.0% |
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: 248 applications in 2025, of which 116 were originated and 50 denied.
20.2% of all applications, or 30.1% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.
The median rate on loans Wells Fargo Bank originated in Alaska in 2025 was 6.50%, against a statewide median of 6.44%.
About this data. Figures are Wells Fargo 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