Anchorage Municipality, Alaska · 2025

Mortgage lenders in Anchorage Municipality, AK: denial rates and top lenders (2025)

179 lenders acted on 7,945 mortgage applications for properties in Anchorage Municipality in 2025. 13.7% were denied (Alaska: 14.0%). Median rate on closed loans 6.38%; median loan $315,000; median property value $445,000.

7.9kApplications
13.7%Denial ratestate 14.0%
6.38%Median ratestate 6.44%
$315,000Median loan
$445,000Median property value

Largest lenders in Anchorage Municipality

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Residential Mortgage B 1,141874 4.4%6.25%
2 Global Federal Credit Union C 1,042669 15.6%6.50%
3 Newrez D 429285 6.8%6.50%
4 Rocket Mortgage C 377281 14.9%6.88%
5 NuVision Federal Credit Union C 303166 32.0%5.31%
6 Mortgage Research Center C 289152 14.2%6.25%
7 CREDIT UNION 1 Credit Union D 251154 10.8%7.75%
8 The Loan Store B 234182 7.7%6.49%
9 United Shore Financial Services B 231161 13.9%6.13%
10 Primelending, a Plainscapital A 165129 2.4%6.38%
11 Freedom Mortgage B 16178 9.9%6.00%
12 AmeriSave Mortgage D 14940 61.1%8.25%
13 Pennymac Loan Services C 14163 19.2%5.88%
14 Navy Federal Credit Union D 14168 16.3%7.00%
15 Guild Mortgage A 13897 4.4%6.13%
16 Guaranteed Rate B 11872 9.3%6.49%
17 First National Bank Alaska C 10359 3.9%6.63%
18 Loandepot.Com D 9871 16.3%6.99%
19 Primary Residential Mortgage C 9663 5.2%6.38%
20 Bank of America F 9435 36.2%6.49%
21 Wells Fargo Bank B 9341 20.4%6.50%
22 Coastal Community Bank C 9130 1.1%10.12%
23 Movement Mortgage A 7351 2.7%6.38%
24 Sofi Bank D 7119 12.7%7.09%
25 USAA Federal Savings Bank C 6328 34.9%6.00%

Best approval odds in Anchorage Municipality

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Anchorage Municipality borrowers applied for

By loan purpose

Home purchase 4,275 54% · 5.2% denied
Refinance 898 11% · 12.6% denied
Cash-out refinance 1,366 17% · 24.2% denied
Home improvement 609 8% · 32.2% denied
Other / HELOC 797 10% · 28.2% denied

By loan type

Conventional 5,309 67% · 15.3% denied
FHA 966 12% · 14.2% denied
VA 1,668 21% · 8.3% denied
USDA / RHS 2 0% · 100.0% denied

Why applications were denied

Debt-to-income ratio 344 32%
Credit history 220 20%
Collateral 181 17%
Incomplete application 165 15%
Other 99 9%
Unverifiable information 45 4%
Insufficient cash 23 2%
Employment history 9 1%
Mortgage insurance denied 1 0%

Anchorage Municipality by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,5723,96415.0%6.50%$295,000
20247,2564,44214.5%6.49%$305,000
20257,9454,88713.7%6.38%$315,000

Frequently asked questions

13.7% of applications in Anchorage Municipality were denied in 2025, against 14.0% statewide in Alaska.

Residential Mortgage, with 1,141 applications in 2025 and a denial rate of 4.4%.

The median mortgage application in Anchorage Municipality in 2025 was for $315,000; the median property value on originated loans was $445,000.