Dillingham, AK Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 35 mortgage applications in Dillingham, AK totaling $7.9 million, down 24% from 2022. The average application was for $226,000, and applicants reported an average income of $107,000. 34% of applications resulted in an originated loan and 43% were denied. The most active lender was Global Federal Credit Union, with 7 applications, followed by Residential Mortgage, LLC and Pentagon Federal Credit Union.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 35
Total Mortgage Loan Application Amount $7,925,000
Average Mortgage Loan Application Amount $226,000
Highest Mortgage Loan Application Amount $515,000
Average Applicant Income $107,000
Highest Applicant Income $325,000
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Top Mortgage Lenders in Dillingham, AK (2023)

Ranked by the number of mortgage applications each lender reported in Dillingham, AK in 2023.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Global Federal Credit Union
Anchorage, AK
7 $1,235,000 $176,000 $103,000
2 Residential Mortgage, LLC
Anchorage, AK
5 $1,705,000 $341,000 $128,000
3 Pentagon Federal Credit Union
Omaha, NE
4 $520,000 $130,000 $110,000
4 Bank of America NA
Westlake Village, CA
3 $715,000 $238,000 $138,000
5 Newrez LLC
Fort Washington, PA
2 $940,000 $470,000 $0
6 Nuvision Federal Credit Union
Huntington Beach, CA
2 $500,000 $250,000 $66,000
7 New American Funding, Llc.
Tustin, CA
1 $45,000 $45,000 $63,000
8 Amerisave Mortgage Company
Sandy Springs, GA
1 $65,000 $65,000 $55,000
9 Wells Fargo Bank NA
Minneapolis, MN
1 $175,000 $175,000 $72,000
10 Credit Union 1
Anchorage, AK
1 $65,000 $65,000 $78,000

See every lender active in Dillingham, AK in 2023 »

The tables below break down 2023 mortgage applications in Dillingham, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Dillingham, AK in 2023

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 15 $4,905,000 $327,000 $515,000 $133,000 $325,000
Home Improvement 9 $1,425,000 $158,000 $255,000 $114,000 $144,000
Cash-out Refinancing 5 $875,000 $175,000 $335,000 $96,000 $162,000
Other Purpose 3 $285,000 $95,000 $105,000 $31,000 $47,000
Refinancing 3 $435,000 $145,000 $185,000 $71,000 $187,000
Not Applicable 0 $0 $0 $0 $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 17 $3,625,000 $213,000 $385,000 $116,000 $325,000
American Indian or Alaskan Native 9 $1,525,000 $169,000 $375,000 $80,000 $162,000
Not Provided 5 $1,365,000 $273,000 $515,000 $129,000 $170,000
Not applicable 2 $940,000 $470,000 $515,000 $0 $0
Hispanic 2 $470,000 $235,000 $425,000 $100,000 $137,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0

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) 26 $5,010,000 $192,000 $385,000 $104,000 $325,000
FHA-insured (Federal Housing Administration) 7 $1,885,000 $269,000 $425,000 $112,000 $165,000
VA-guaranteed (Veterans Administration) 2 $1,030,000 $515,000 $515,000 $170,000 $170,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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
Application Denied By Financial Institution 15 $2,205,000 $147,000 $255,000 $82,000 $162,000
Loan Originated 12 $3,620,000 $301,000 $515,000 $132,000 $325,000
Application Withdrawn By Applicant 5 $1,115,000 $223,000 $425,000 $133,000 $187,000
Loan Purchased By The Institution 2 $940,000 $470,000 $515,000 $0 $0
File Closed For Incompleteness 1 $45,000 $45,000 $45,000 $63,000 $63,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

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 20 $5,720,000 $286,000 $515,000 $128,000 $325,000
Debt-To-Income Ratio 5 $755,000 $151,000 $255,000 $48,000 $144,000
Credit History 4 $730,000 $182,000 $255,000 $141,000 $162,000
Collateral 3 $315,000 $105,000 $165,000 $78,000 $95,000
Credit Application Incomplete 1 $105,000 $105,000 $105,000 $30,000 $30,000
Insufficient Cash (Downpayment, Closing Cost) 1 $95,000 $95,000 $95,000 $37,000 $37,000
Unverifiable Information 1 $205,000 $205,000 $205,000 $130,000 $130,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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