Mortgage Approval and Denial Rates in Alaska (2025 HMDA)

Mortgage denial rates in Alaska: lenders acted on 19,604 mortgage applications in Alaska in 2025 and denied 14.0% of them, down from 15.6% in 2024. The national denial rate was 17.7%.

Applications acted on

19,604

Loans originated

11,904

Denial rate

14.0%

Median loan

$305,000

Alaska against the national picture

Alaska denial rate14.0%
National denial rate17.7%
Alaska, 202415.6%

Most-reported denial reason in Alaska: Debt-to-income ratio.

Counties ranked by denial rate

CountyApplicationsDenial rateMedian loan
Ketchikan Gateway Borough26018.1%$325,000
Sitka City and Borough10416.3%$400,000
Chugach Census Area13116.0%$305,000
Kenai Peninsula Borough1,86015.5%$255,000
Juneau City and Borough81414.9%$315,000
Anchorage Municipality7,94513.7%$315,000
Southeast Fairbanks Census Area19813.6%$275,000
Fairbanks North Star Borough2,68013.3%$285,000
Matanuska-Susitna Borough4,78213.0%$325,000
Kodiak Island Borough23512.3%$305,000

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Reading these numbers

The denial rate counts applications the lender acted on, so withdrawn files do not inflate it. A high rate does not automatically mean strict lenders: counties with many first-time or lower-income applicants tend to show higher denial rates because of debt-to-income and credit-history thresholds, which are the two reasons lenders report most often. Median loan amount and median applicant income are computed from the same application records, so they describe who is applying — not who ends up buying.

Source: Consumer Financial Protection Bureau, HMDA Data Browser (2025 loan application register). Latest observation 2026-08-23.