States › Alaska › Fairbanks North Star Borough
Fairbanks North Star Borough, Alaska
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Fairbanks North Star Borough, Alaska, saw 2,395 HMDA-reported applications and 1,477 originations ($415m) in 2024.
That is 40.6 originations per 1,000 households, against 39.2 for Alaska and 48.0 nationally.
The county's denial rate was 18.6%, close to the state rate of 19.9%. The median rate spread on originated loans was 0.1 percentage points and 9.3% of originations were 1.5 points or more above the average prime offer rate.
22 lenders reached 25 applications in the county; the most active by originations were Newrez LLC (248), Global Federal Credit Union (178) and Mt Mckinley Bank (123).
Originations were up 7% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Newrez LLC | 306 | 248 | $82m | 3.1% | — |
| 2 | Global Federal Credit Union | 286 | 178 | $42m | 25.1% | — |
| 3 | Mt Mckinley Bank | 165 | 123 | $27m | 6.7% | — |
| 4 | Mortgage Research Center | 187 | 105 | $34m | 17.7% | — |
| 5 | Denali State Bank | 135 | 96 | $27m | 5.2% | — |
| 6 | Residential Mortgage, LLC | 102 | 81 | $27m | 2.4% | — |
| 7 | Rocket Mortgage | 90 | 64 | $16m | 23.8% | — |
| 8 | Crosscountry Mortgage, LLC | 71 | 48 | $14m | 0.0% | — |
| 9 | Guild Mortgage Company | 55 | 42 | $12m | 8.5% | — |
| 10 | Pennymac Loan Services LLC | 58 | 39 | $13m | 8.9% | — |
| 11 | Spirit of Alaska Federal Credit Union | 74 | 35 | $6.1m | 31.4% | — |
| 12 | The Loan Store, Inc | 48 | 33 | $9.8m | 9.1% | — |
| 13 | Cornerstone Capital Bank, Ssb | 34 | 32 | $10m | 0.0% | — |
| 14 | United Wholesale Mortgage | 43 | 28 | $7.9m | 17.1% | — |
| 15 | Navy Federal Credit Union | 51 | 24 | $5.4m | 35.1% | — |
| 16 | Usaa Bank | 30 | 20 | $7.4m | 20.0% | — |
| 17 | Nuvision Federal Credit Union | 34 | 17 | $3.8m | 48.5% | — |
| 18 | Freedom Mortgage Corporation | 33 | 11 | $3.8m | — | — |
| 19 | Wells Fargo Bank NA | 28 | 10 | $2.2m | — | — |
| 20 | Amerisave Mortgage Company | 34 | 8 | $640k | 74.2% | — |
| 21 | New American Funding, LLC. | 29 | 8 | $1.5m | — | — |
| 22 | Discover Bank | 60 | 6 | $430k | 86.0% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 22. Denial rate is denials over decided applications in this county.
Compared with Alaska and the nation
| Measure | This county | Alaska | United States |
|---|---|---|---|
| Denial rate | 18.6% | 19.9% | 24.3% |
| Median rate spread, pp | 0.1 | 0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 9.3% | 11.2% | 15.6% |
| Average originated loan | $281k | $333k | $329k |
| Originations per 1,000 households | 40.6 | 39.2 | 48.0 |
| Home purchase share of originations | 70.5% | 67.4% | 57.0% |
| FHA-insured share | 10.4% | 12.3% | 13.4% |
| VA-guaranteed share | 36.6% | 24.5% | 7.9% |
Rate spread distribution
Share of 1,150 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Alaska). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 70% (1,041)Home improvement 5% (67)Refinancing 11% (161)Cash-out refinancing 9% (129)Other purpose 5% (79)
By type
Conventional 53% (776)FHA 10% (154)VA 37% (540)USDA 0% (7)
Trend by year
ApplicationsOriginations
This countyAlaska
Questions and answers
Which lenders are most active in Fairbanks North Star Borough, AK?
By 2024 originations: Newrez LLC (248), Global Federal Credit Union (178), Mt Mckinley Bank (123), Mortgage Research Center (105), Denali State Bank (96). 22 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Fairbanks North Star Borough?
18.6% of decided applications were denied in 2024, against 19.9% across Alaska and 24.3% nationally.
How many mortgages were originated in Fairbanks North Star Borough in 2024?
1,477 loans totalling $415m, from 2,395 applications; 40.6 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 02090; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.