Alaska
Mortgage Loan Application
Totals and Details
in 2019

Find mortgage statistics and mortgage data for Alaska.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2019 in all of Alaska.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 30,789
Total Mortgage Loan Application Amount $8,048,155,000
Average Mortgage Loan Application Amount $261,000
Highest Mortgage Loan Application Amount $3,405,000
Average Applicant Income $111,000
Highest Applicant Income $8,400,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Alaska, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Download the Alaska Lender List

Mortgage Loan Application Detail Totals for Alaska in 2019

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 16,056 $4,562,170,000 $284,000 $2,605,000 $110,000 $6,661,000
Refinancing 6,254 $1,790,100,000 $286,000 $3,405,000 $109,000 $4,267,000
Cash-out Refinancing 5,188 $1,300,860,000 $250,000 $1,445,000 $106,000 $8,400,000
Other Purpose 1,574 $214,800,000 $136,000 $1,285,000 $132,000 $4,048,000
Home Improvement 1,361 $104,015,000 $76,000 $605,000 $115,000 $2,400,000
Not Applicable 356 $76,210,000 $214,000 $1,125,000 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 19,013 $4,947,395,000 $260,000 $2,605,000 $113,000 $8,400,000
Not Provided 4,149 $1,086,665,000 $261,000 $1,355,000 $116,000 $4,200,000
Not applicable 2,503 $725,755,000 $289,000 $3,405,000 $118,000 $1,262,000
American Indian or Alaskan Native 1,940 $462,170,000 $238,000 $1,495,000 $97,000 $1,842,000
Hispanic 1,129 $290,395,000 $257,000 $835,000 $93,000 $597,000
Asian 1,048 $274,770,000 $262,000 $885,000 $103,000 $2,000,000
Black or African American 662 $178,850,000 $270,000 $795,000 $95,000 $791,000
Native Hawaiian or Other Pacific Islander 165 $41,455,000 $251,000 $795,000 $88,000 $500,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 17,721 $4,273,965,000 $241,000 $3,405,000 $124,000 $8,400,000
VA-guaranteed (Veterans Administration) 8,191 $2,591,085,000 $316,000 $1,305,000 $92,000 $1,008,000
FHA-insured (Federal Housing Administration) 4,195 $1,018,865,000 $242,000 $705,000 $82,000 $780,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 682 $164,240,000 $240,000 $475,000 $76,000 $160,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 15,476 $4,203,480,000 $271,000 $2,925,000 $111,000 $6,661,000
Loan Purchased By The Institution 6,187 $1,742,295,000 $281,000 $2,605,000 $111,000 $1,262,000
Application Withdrawn By Applicant 3,964 $1,011,350,000 $255,000 $1,435,000 $116,000 $4,267,000
Application Denied By Financial Institution 3,424 $661,610,000 $193,000 $3,405,000 $102,000 $8,400,000
File Closed For Incompleteness 1,293 $321,025,000 $248,000 $1,445,000 $113,000 $2,000,000
Application Approved But Not Accepted 408 $100,480,000 $246,000 $805,000 $106,000 $600,000
Preapproval Denied by Financial Institution 23 $4,985,000 $216,000 $1,005,000 $72,000 $168,000
Preapproval Approved but not Accepted 14 $2,930,000 $209,000 $385,000 $76,000 $140,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 26,109 $7,066,375,000 $270,000 $2,925,000 $112,000 $6,661,000
Debt-To-Income Ratio 2,199 $500,585,000 $227,000 $1,005,000 $97,000 $1,475,000
Credit History 822 $128,800,000 $156,000 $3,405,000 $108,000 $4,048,000
Collateral 744 $138,970,000 $186,000 $1,355,000 $134,000 $8,400,000
Other 349 $81,555,000 $233,000 $1,975,000 $113,000 $1,331,000
Credit Application Incomplete 325 $79,355,000 $244,000 $815,000 $109,000 $1,520,000
Unverifiable Information 108 $20,230,000 $187,000 $665,000 $103,000 $500,000
Employment History 64 $15,630,000 $244,000 $1,445,000 $84,000 $622,000
Insufficient Cash (Downpayment, Closing Cost) 63 $15,305,000 $242,000 $675,000 $87,000 $312,000
Mortgage Insurance Denied 6 $1,350,000 $225,000 $305,000 $71,000 $124,000
Download the Alaska Lender List

Mortgage Loan Application Totals in 2019 by Alaska Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
ANCHORAGE, AK 19,845 $ 5,444,835,000 $ 274,000 $ 113,000
FAIRBANKS, AK 4,077 $ 922,155,000 $ 226,000 $ 108,000
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Mortgage Loan Application Totals in 2019 by Alaska County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Aleutians East 7 $ 905,000 $ 129,000 $ 198,000
Aleutians West 54 $ 13,790,000 $ 255,000 $ 152,000
Anchorage 13,369 $ 3,849,455,000 $ 287,000 $ 119,000
Bethel 168 $ 42,160,000 $ 250,000 $ 117,000
Bristol Bay 13 $ 2,215,000 $ 170,000 $ 85,000
Denali 59 $ 10,965,000 $ 185,000 $ 91,000
Dillingham 61 $ 12,375,000 $ 202,000 $ 119,000
Fairbanks North Star 4,079 $ 922,425,000 $ 226,000 $ 108,000
Haines 62 $ 12,080,000 $ 194,000 $ 70,000
Juneau 1,487 $ 448,115,000 $ 301,000 $ 115,000
Kenai Peninsula 2,913 $ 650,175,000 $ 223,000 $ 106,000
Ketchikan Gateway 413 $ 101,315,000 $ 245,000 $ 90,000
Kodiak Island 450 $ 119,490,000 $ 265,000 $ 108,000
Lake and Peninsula 11 $ 1,745,000 $ 158,000 $ 61,000
Matanuska-Susitna 6,476 $ 1,595,380,000 $ 246,000 $ 100,000
Nome 110 $ 27,940,000 $ 254,000 $ 112,000
North Slope 76 $ 13,170,000 $ 173,000 $ 126,000
Northwest Arctic 45 $ 7,845,000 $ 174,000 $ 105,000
Prince of Wales-Outer Ketchikan n/a $ n/a $ n/a $ n/a
Sitka 187 $ 58,805,000 $ 314,000 $ 114,000
Skagway-Hoonah-Angoon n/a $ n/a $ n/a $ n/a
Southeast Fairbanks 223 $ 47,975,000 $ 215,000 $ 88,000
Valdez-Cordova 269 $ 58,195,000 $ 216,000 $ 100,000
Wade Hampton n/a $ n/a $ n/a $ n/a
Wrangell-Petersburg n/a $ n/a $ n/a $ n/a
Yakutat 10 $ 1,720,000 $ 172,000 $ 71,000
Yukon-Koyukuk 20 $ 1,530,000 $ 76,000 $ 71,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Alaska.

If you prefer, you can download a copy of the entire list of mortgage lenders in Alaska and search similar information back through 2003.

Download the Alaska Lender List