Largest lenders in Fairbanks North Star Borough
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Newrez | D | 410 | 327 | 2.7% | 6.25% |
| 2 | Global Federal Credit Union | C | 273 | 182 | 16.5% | 6.50% |
| 3 | Mortgage Research Center | C | 207 | 113 | 12.1% | 6.25% |
| 4 | Mt. McKinley Bank | B | 173 | 132 | 5.8% | — |
| 5 | Denali State Bank | A | 148 | 107 | 1.4% | — |
| 6 | Residential Mortgage | B | 127 | 97 | 3.9% | 6.25% |
| 7 | Rocket Mortgage | C | 122 | 79 | 27.9% | 6.99% |
| 8 | Spirit of Alaska | – | 90 | 30 | 25.6% | — |
| 9 | Guild Mortgage | A | 57 | 37 | 1.8% | 6.38% |
| 10 | Navy Federal Credit Union | D | 55 | 21 | 23.6% | 5.88% |
| 11 | Crosscountry Mortgage | B | 54 | 33 | 1.9% | 6.63% |
| 12 | Freedom Mortgage | B | 47 | 31 | 8.5% | 5.75% |
| 13 | Loandepot.Com | D | 46 | 23 | 34.8% | 6.99% |
| 14 | Cornerstone Capital Bank | A | 44 | 36 | 0.0% | 6.25% |
| 15 | NuVision Federal Credit Union | C | 43 | 23 | 30.2% | 4.99% |
| 16 | The Loan Store | B | 43 | 34 | 2.3% | 6.63% |
| 17 | Pennymac Loan Services | C | 40 | 24 | 7.5% | 6.13% |
| 18 | USAA Federal Savings Bank | C | 35 | 17 | 25.7% | 6.25% |
| 19 | Figure Lending | C | 35 | 13 | 22.9% | 8.00% |
| 20 | United Shore Financial Services | B | 34 | 23 | 8.8% | 5.75% |
| 21 | AmeriSave Mortgage | D | 32 | 7 | 65.6% | 8.63% |
| 22 | Broker Solutions | D | 32 | 11 | 6.3% | 6.75% |
| 23 | Coastal Community Bank | C | 30 | 7 | 3.3% | 11.74% |
| 24 | Movement Mortgage | A | 29 | 19 | 0.0% | 6.63% |
| 25 | Wells Fargo Bank | B | 26 | 11 | 23.1% | 6.38% |
Best approval odds in Fairbanks North Star Borough
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Denali State Bank | 122 | 1.6% |
| 2 | Newrez | 339 | 3.2% |
| 3 | Residential Mortgage | 104 | 4.8% |
| 4 | Mt. McKinley Bank | 144 | 6.9% |
| 5 | Mortgage Research Center | 139 | 18.0% |
| 6 | Global Federal Credit Union | 228 | 19.7% |
| 7 | Rocket Mortgage | 114 | 29.8% |
| 8 | Spirit of Alaska | 57 | 40.4% |
What Fairbanks North Star Borough borrowers applied for
By loan purpose
By loan type
Why applications were denied
Fairbanks North Star Borough by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 2,304 | 1,380 | 13.4% | 6.63% | $255,000 |
| 2024 | 2,395 | 1,477 | 14.8% | 6.50% | $265,000 |
| 2025 | 2,680 | 1,635 | 13.3% | 6.38% | $285,000 |
Frequently asked questions
13.3% of applications in Fairbanks North Star Borough were denied in 2025, against 14.0% statewide in Alaska.
Newrez, with 410 applications in 2025 and a denial rate of 2.7%.
The median mortgage application in Fairbanks North Star Borough in 2025 was for $285,000; the median property value on originated loans was $365,000.