Alaska mortgage lenders: applications, originations, denial rate and counties, 2024

States › Alaska

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. Record year 2024.

Alaska had 17,675 HMDA-reported mortgage applications and 10,605 originations ($3.5bn) in 2024, from 70 lenders with at least 25 applications in the state.

The statewide denial rate was 19.9% (national 24.3%) and the median rate spread 0.1 percentage points (national 0.3). Originations ran at 39.2 per 1,000 households, against 48.0 nationally.

Originations in the state went from 13,115 in 2018 to 10,605 in 2024; the denial rate moved from 19.5% to 19.9%.

The most active lenders by originations were Global Federal Credit Union (1,610), Residential Mortgage, LLC (1,400) and Newrez LLC (803).

17,675applications, 2024

10,605loans originated$3.5bn

19.9%denial rateUS 24.3%

39.2originations per 1,000 householdsUS 48.0

Most active lenders in Alaska

#	Lender	Applications	Originations	Amount	Denial rate	Median spread
1	Global Federal Credit Union	2,618	1,610	$433m	22.7%	0.3
2	Residential Mortgage, LLC	1,794	1,400	$541m	3.7%	-0.1
3	Newrez LLC	1,073	803	$309m	6.7%	0.3
4	Rocket Mortgage	866	631	$163m	19.5%	0.5
5	Mortgage Research Center	716	398	$148m	19.3%	-0.1
6	United Wholesale Mortgage	472	340	$138m	11.2%	-0.1
7	Nuvision Federal Credit Union	513	285	$52m	40.4%	-2.1
8	Movement Mortgage, LLC	421	280	$103m	5.3%	0.1
9	The Loan Store, Inc	318	239	$79m	7.7%	0.2
10	Cornerstone Capital Bank, Ssb	264	216	$77m	2.3%	0.1
11	Credit Union 1	364	213	$43m	17.0%	0.3
12	First National Bank Alaska	382	200	$80m	12.5%	0.0
13	Primelending	254	187	$63m	6.9%	-0.1
14	Loandepot.com, LLC	286	176	$57m	26.3%	0.4
15	Pennymac Loan Services LLC	290	173	$58m	13.7%	-0.6
16	Navy Federal Credit Union	364	169	$51m	33.1%	-0.3
17	Guaranteed Rate, Inc.	249	167	$58m	10.1%	0.2
18	Guild Mortgage Company	184	138	$45m	3.8%	-0.0
19	Freedom Mortgage Corporation	261	132	$51m	12.8%	-0.3
20	Mt Mckinley Bank	175	130	$28m	7.0%	—
21	Wells Fargo Bank NA	280	115	$35m	42.2%	0.2
22	Usaa Bank	200	107	$43m	29.6%	-0.1
23	Denali State Bank	147	102	$28m	7.9%	—
24	Primary Residential Mortgage, INC.	151	90	$32m	10.9%	0.0
25	Canopy Mortgage, LLC	107	88	$32m	0.0%	0.1
26	True North Federal Credit Union	145	82	$15m	30.1%	1.2
27	Amerisave Mortgage Company	330	77	$11m	71.9%	4.3
28	Crosscountry Mortgage, LLC	110	70	$24m	1.4%	-0.1
29	Coastal Community Bank	238	67	$4.0m	2.3%	4.3
30	Nbkc Bank	87	67	$24m	10.5%	-0.4
31	Bank of America NA	202	66	$11m	52.1%	2.1
32	Matanuska Valley Federal Credit Union	143	66	$16m	23.3%	0.7
33	Keybank National Association	172	60	$13m	52.9%	1.2
34	Figure Lending LLC	119	58	$4.4m	30.7%	4.3
35	Nationstar Mortgage	76	56	$14m	11.9%	0.6
36	New American Funding, LLC.	219	55	$16m	41.1%	0.7
37	Ark-La-Tex Financial Services LLC	70	53	$22m	1.7%	-0.0
38	Conventus Lending LLC	65	52	$19m	0.0%	—
39	Lakeview Loan Servicing, LLC	134	50	$19m	40.5%	-0.4
40	Geneva Financial LLC	78	50	$17m	3.8%	0.6
41	Flagstar Bank NA	80	49	$19m	23.9%	0.4
42	Homeowners Financial Group, LLC	65	48	$18m	2.0%	0.0
43	Discover Bank	392	44	$3.5m	82.5%	2.4
44	Plains Commerce Bank	68	43	$16m	0.0%	0.3
45	Mission Loans, LLC	53	41	$17m	0.0%	0.6
46	Fairway Independent Mort Corp	53	41	$16m	4.7%	0.3
47	The Federal Savings Bank	109	38	$17m	19.1%	-0.1
48	Village Capital & Investment	94	38	$13m	8.0%	-0.6
49	Spirit of Alaska Federal Credit Union	86	38	$6.7m	38.7%	—
50	Us Bank, N.A.	80	38	$7.8m	46.6%	1.1
51	CMG Mortgage Inc	64	38	$16m	2.1%	0.2
52	Plaza Home Mortgage, Inc	54	35	$12m	24.5%	0.0
53	North American Savings Bank	42	35	$17m	10.3%	-0.6
54	Kind Lending, LLC	52	31	$12m	31.1%	0.2
55	Mutual of Omaha Mortgage	73	29	$8.9m	48.3%	—
56	Churchill Mortgage Corporation	49	28	$9.4m	11.1%	0.3
57	American Neighborhood Mortgage Acceptance Company	42	25	$12m	0.0%	0.1
58	Paramount Residential Mortgage	32	25	$11m	0.0%	0.4
59	Barrington Bank & Trust Company, N.A.	32	19	$7.9m	20.0%	—
60	Member First Mortgage, LLC	30	19	$5.2m	—	—

Top 60 of 70 lenders with at least 25 applications in the state, by originations. 38 lenders have 100 or more applications here and link to a state-specific page.

Compared with the nation

Measure	Alaska	United States
Denial rate	19.9%	24.3%
Median rate spread, pp	0.1	0.3
Originations with spread of 1.5 pp or more	11.2%	15.6%
Average originated loan	$333k	$329k
Originations per 1,000 households	39.2	48.0
Home purchase share of originations	67.4%	57.0%
FHA-insured share	12.3%	13.4%
VA-guaranteed share	24.5%	7.9%

Trend, 2018–2024

ApplicationsOriginations

Applications and originations in Alaska by year

AlaskaUnited States

Denial rate by year, US dashed

FHA share of originationsVA share

FHA-insured and VA-guaranteed shares of originations in Alaska by year

Year	Applications	Originations	Amount	Denial rate	FHA	VA	Refinance share
2018	21,180	13,115	$3.5bn	19.5%	13.4%	22.1%	25.2%
2019	24,724	15,485	$4.2bn	17.8%	12.4%	27.0%	33.7%
2020	40,581	25,979	$7.5bn	14.5%	10.2%	26.7%	57.6%
2021	42,991	27,613	$8.2bn	13.1%	10.8%	26.6%	54.8%
2022	26,585	16,616	$5.3bn	15.6%	12.1%	21.4%	25.1%
2023	16,027	9,518	$3.1bn	20.1%	12.2%	23.2%	12.9%
2024	17,675	10,605	$3.5bn	19.9%	12.3%	24.5%	19.8%

Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).

Loan purpose and loan type, 2024

By purpose

Home purchase 67% (7,145)Home improvement 6% (589)Refinancing 9% (938)Cash-out refinancing 11% (1,165)Other purpose 7% (766)

By type

Conventional 63% (6,646)FHA 12% (1,306)VA 24% (2,595)USDA 1% (58)

Counties

County	Applications	Originations	Per 1,000 households	Denial rate	Median spread	Lenders
Anchorage Municipality	7,256	4,442	40.9	18.4%	0.0	46
Matanuska-Susitna Borough	4,242	2,529	63.4	20.6%	0.2	34
Fairbanks North Star Borough	2,395	1,477	40.6	18.6%	0.1	22
Kenai Peninsula Borough	1,672	992	40.7	20.8%	0.3	18
Juneau City and Borough	773	466	35.4	19.2%	0.3	6
Kodiak Island Borough	191	123	26.5	19.0%	0.0	1
Ketchikan Gateway Borough	207	107	18.7	29.4%	0.3	0
Southeast Fairbanks Census Area	151	87	34.8	14.7%	0.1	0
Chugach Census Area	119	72	25.2	20.2%	0.2	1
Sitka City and Borough	98	46	13.4	27.5%	0.2	0
Bethel Census Area	76	42	8.7	20.4%	0.2	0
Nome Census Area	54	32	11.4	17.5%	0.1	0
Haines Borough	45	24	26.6	25.0%	—	0
Prince of Wales-Hyder Census Area	46	23	9.5	37.8%	—	0
Denali Borough	35	20	35.4	21.4%	—	0
Dillingham Census Area	43	20	14.3	33.3%	—	0
Copper River Census Area	35	17	14.1	30.8%	—	0
Petersburg Borough	23	12	8.8	—	—	0
North Slope Borough	36	11	4.8	—	—	0
Northwest Arctic Borough	35	10	5.5	60.0%	—	0
Skagway Municipality	19	10	22.2	—	—	0
Aleutians West Census Area	18	9	9.4	—	—	0
Hoonah-Angoon Census Area	21	8	8.7	—	—	0
Yukon-Koyukuk Census Area	14	7	3.0	—	—	0
Wrangell City and Borough	12	6	6.1	—	—	0
Bristol Bay Borough	9	4	13.7	—	—	0
Aleutians East Borough	7	2	1.9	—	—	0
Lake and Peninsula Borough	4	2	6.2	—	—	0
Yakutat City and Borough	8	2	9.7	—	—	0
Kusilvak Census Area	5	0	0.0	—	—	0

By originations. Lenders: those with at least 25 applications in the county.

VA-guaranteed loans by month

VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Alaska originations by year is charted above from HMDA.

Questions and answers

Which mortgage lenders are most active in Alaska?

By 2024 originations: Global Federal Credit Union (1,610), Residential Mortgage, LLC (1,400), Newrez LLC (803), Rocket Mortgage (631), Mortgage Research Center (398). 70 lenders had at least 25 applications in the state.

What is the mortgage denial rate in Alaska?

19.9% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

How has mortgage lending in Alaska changed since 2018?

Originations went from 13,115 in 2018 to 10,605 in 2024; the denial rate moved from 19.5% to 19.9%.

Where does this data come from?

From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.