Juneau, AK Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 1,487 mortgage applications in Juneau, AK totaling $448.1 million, up 15% from 2018. The average application was for $301,000, and applicants reported an average income of $115,000. 50% of applications resulted in an originated loan and 11% were denied. The most active lender was Alaska USA Mortgage Company LLC, with 204 applications, followed by Global Federal Credit Union and Wells Fargo Bank NA.

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Total Number of Mortgage Applications 1,487
Total Mortgage Loan Application Amount $448,115,000
Average Mortgage Loan Application Amount $301,000
Highest Mortgage Loan Application Amount $1,355,000
Average Applicant Income $115,000
Highest Applicant Income $1,547,000
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Top Mortgage Lenders in Juneau, AK (2019)

Ranked by the number of mortgage applications each lender reported in Juneau, AK in 2019.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Alaska USA Mortgage Company LLC
Anchorage, AK
204 $63,780,000 $312,000 $103,000
2 Global Federal Credit Union
Anchorage, AK
193 $50,655,000 $262,000 $106,000
3 Wells Fargo Bank NA
Minneapolis, MN
163 $41,695,000 $255,000 $122,000
4 Cornerstone Home Lending, Inc.
Houston, TX
122 $45,040,000 $369,000 $108,000
5 Residential Mortgage, LLC
Anchorage, AK
115 $37,895,000 $329,000 $121,000
6 True North Federal Credit Union
Juneau, AK
110 $26,130,000 $237,000 $91,000
7 Citizens Bank, NA
Providence, RI
46 $12,760,000 $277,000 $91,000
8 Keybank National Association
Cleveland, OH
37 $9,695,000 $262,000 $277,000
9 Amerisave Mortgage Company
Sandy Springs, GA
36 $11,820,000 $328,000 $102,000
10 Amerihome Mortgage Company, LLC
Thousand Oaks, CA
30 $10,710,000 $357,000 $138,000

See every lender active in Juneau, AK in 2019 »

The tables below break down 2019 mortgage applications in Juneau, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Juneau, AK 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 784 $260,040,000 $331,000 $1,355,000 $112,000 $1,547,000
Cash-out Refinancing 281 $89,535,000 $318,000 $955,000 $116,000 $682,000
Refinancing 225 $71,915,000 $319,000 $775,000 $119,000 $627,000
Other Purpose 97 $14,625,000 $150,000 $455,000 $130,000 $1,516,000
Home Improvement 90 $9,690,000 $107,000 $365,000 $121,000 $1,490,000
Not Applicable 10 $2,310,000 $231,000 $315,000 $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 985 $295,125,000 $299,000 $945,000 $114,000 $1,490,000
Not Provided 140 $43,210,000 $308,000 $1,355,000 $163,000 $1,547,000
American Indian or Alaskan Native 122 $37,330,000 $305,000 $955,000 $95,000 $260,000
Not applicable 104 $36,160,000 $347,000 $1,115,000 $126,000 $348,000
Asian 56 $13,550,000 $241,000 $525,000 $93,000 $199,000
Hispanic 42 $11,620,000 $276,000 $555,000 $94,000 $221,000
Black or African American 15 $5,365,000 $357,000 $655,000 $86,000 $162,000
Native Hawaiian or Other Pacific Islander 10 $2,580,000 $258,000 $345,000 $94,000 $161,000

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) 918 $248,940,000 $271,000 $1,355,000 $126,000 $1,547,000
VA-guaranteed (Veterans Administration) 279 $111,455,000 $399,000 $1,115,000 $99,000 $253,000
FHA-insured (Federal Housing Administration) 154 $47,290,000 $307,000 $555,000 $90,000 $184,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 136 $40,430,000 $297,000 $475,000 $93,000 $152,000

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 746 $233,720,000 $313,000 $1,355,000 $116,000 $1,547,000
Loan Purchased By The Institution 343 $110,035,000 $320,000 $1,115,000 $110,000 $563,000
Application Withdrawn By Applicant 177 $52,375,000 $295,000 $945,000 $105,000 $294,000
Application Denied By Financial Institution 164 $35,700,000 $217,000 $1,355,000 $110,000 $1,490,000
File Closed For Incompleteness 49 $13,875,000 $283,000 $1,355,000 $184,000 $1,490,000
Application Approved But Not Accepted 8 $2,410,000 $301,000 $435,000 $142,000 $374,000
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 1,292 $401,530,000 $310,000 $1,355,000 $116,000 $1,547,000
Debt-To-Income Ratio 78 $21,270,000 $272,000 $955,000 $101,000 $348,000
Credit History 38 $5,460,000 $143,000 $505,000 $78,000 $218,000
Collateral 37 $8,485,000 $229,000 $1,355,000 $180,000 $1,490,000
Credit Application Incomplete 17 $5,125,000 $301,000 $605,000 $98,000 $224,000
Other 16 $4,930,000 $308,000 $625,000 $155,000 $627,000
Unverifiable Information 4 $530,000 $132,000 $355,000 $89,000 $122,000
Insufficient Cash (Downpayment, Closing Cost) 3 $745,000 $248,000 $305,000 $77,000 $82,000
Employment History 2 $40,000 $20,000 $25,000 $105,000 $175,000
Mortgage Insurance Denied 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.

Download the Alaska Lender List