Largest mortgage lenders in Alaska
By applications received in 2025. Grade is the lender's national grade.
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Global Federal Credit Union | C | 2,601 | 1,678 | 16.0% | 6.63% |
| 2 | Residential Mortgage | B | 1,907 | 1,445 | 4.4% | 6.25% |
| 3 | Newrez | D | 1,344 | 973 | 4.3% | 6.38% |
| 4 | Rocket Mortgage | C | 1,051 | 776 | 17.8% | 6.75% |
| 5 | Mortgage Research Center | C | 844 | 446 | 14.5% | 6.25% |
| 6 | United Shore Financial Services | B | 551 | 399 | 12.2% | 6.12% |
| 7 | The Loan Store | B | 519 | 380 | 8.5% | 6.50% |
| 8 | NuVision Federal Credit Union | C | 501 | 282 | 32.9% | 4.99% |
| 9 | CREDIT UNION 1 Credit Union | D | 462 | 278 | 11.7% | 7.75% |
| 10 | First National Bank Alaska | C | 402 | 203 | 9.0% | 6.63% |
| 11 | Navy Federal Credit Union | D | 370 | 168 | 19.2% | 6.25% |
| 12 | Freedom Mortgage | B | 355 | 170 | 8.7% | 5.88% |
| 13 | AmeriSave Mortgage | D | 353 | 87 | 63.2% | 8.38% |
| 14 | Loandepot.Com | D | 331 | 213 | 23.6% | 6.75% |
| 15 | Primelending, a Plainscapital | A | 322 | 238 | 4.4% | 6.49% |
| 16 | Movement Mortgage | A | 317 | 229 | 3.8% | 6.38% |
| 17 | Pennymac Loan Services | C | 310 | 146 | 13.6% | 6.12% |
| 18 | Cornerstone Capital Bank | A | 301 | 250 | 0.3% | 6.25% |
| 19 | Guild Mortgage | A | 281 | 197 | 4.6% | 6.19% |
| 20 | Wells Fargo Bank | B | 248 | 116 | 20.2% | 6.50% |
| 21 | Coastal Community Bank | C | 229 | 59 | 1.8% | 10.49% |
| 22 | Guaranteed Rate | B | 221 | 138 | 9.1% | 6.53% |
| 23 | Broker Solutions | D | 207 | 55 | 7.3% | 6.75% |
| 24 | Bank of America | F | 196 | 62 | 40.3% | 6.31% |
| 25 | USAA Federal Savings Bank | C | 188 | 89 | 28.7% | 6.13% |
Best approval odds in Alaska
Lowest decision denial rate among lenders that decided at least 300 Alaska applications in 2025.
| # | Lender | Decided | Decision denial rate | Median rate |
|---|---|---|---|---|
| 1 | Residential Mortgage | 1,538 | 5.5% | 6.25% |
| 2 | Newrez | 1,036 | 5.6% | 6.38% |
| 3 | The Loan Store | 468 | 9.4% | 6.50% |
| 4 | United Shore Financial Services | 478 | 14.0% | 6.12% |
| 5 | CREDIT UNION 1 Credit Union | 334 | 16.2% | 7.75% |
| 6 | Rocket Mortgage | 986 | 19.0% | 6.75% |
| 7 | Global Federal Credit Union | 2,117 | 19.6% | 6.63% |
| 8 | Mortgage Research Center | 572 | 21.3% | 6.25% |
| 9 | NuVision Federal Credit Union | 448 | 36.8% | 4.99% |
| 10 | AmeriSave Mortgage | 312 | 71.5% | 8.38% |
Lowest median rates in Alaska
Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.
| # | Lender | Priced loans | Median rate | Denial rate |
|---|---|---|---|---|
| 1 | NuVision Federal Credit Union | 282 | 4.99% | 32.9% |
| 2 | Freedom Mortgage | 170 | 5.88% | 8.7% |
| 3 | Pennymac Loan Services | 146 | 6.12% | 13.6% |
| 4 | United Shore Financial Services | 399 | 6.12% | 12.2% |
| 5 | Guild Mortgage | 192 | 6.19% | 4.6% |
| 6 | Cornerstone Capital Bank | 248 | 6.25% | 0.3% |
| 7 | Navy Federal Credit Union | 168 | 6.25% | 19.2% |
| 8 | Mortgage Research Center | 446 | 6.25% | 14.5% |
| 9 | Residential Mortgage | 1,445 | 6.25% | 4.4% |
| 10 | Movement Mortgage | 229 | 6.38% | 3.8% |
What Alaska borrowers applied for
By loan purpose
By loan type
Denial rate by applicant income
Why Alaska applications were denied
Alaska mortgage market by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan | Lenders |
|---|---|---|---|---|---|---|
| 2023 | 16,027 | 9,518 | 15.5% | 6.63% | $275,000 | 242 |
| 2024 | 17,675 | 10,605 | 15.7% | 6.50% | $295,000 | 253 |
| 2025 | 19,621 | 11,907 | 14.0% | 6.44% | $305,000 | 252 |
Alaska counties
Counties with at least 200 applications in 2025, most active first.
Frequently asked questions
14.0% of mortgage applications in Alaska were denied in 2025 (18.0% of applications that reached a decision). Nationally the rate was 18.0%.
Global Federal Credit Union handled the most applications in Alaska in 2025: 2,601, with a denial rate of 16.0%.
Among lenders that decided at least 300 applications in Alaska, Residential Mortgage had the lowest decision denial rate at 5.5%.
The median interest rate on loans originated in Alaska in 2025 was 6.44%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.