Global Federal Credit Union Mortgage Lending & HMDA Data, 2025

In 2025, Global Federal Credit Union of Anchorage, AK reported 4,266 mortgage applications totaling $1.5 billion, down 1% from 2024. The average application was for $342,524, and applicants reported an average income of $159,932. 62% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Anchorage, AK (1,667), Seattle-Bellevue-Everett, WA (498) and Fairbanks, AK (273) (applications in parentheses).

Mortgage Company & Address Global Federal Credit Union
Po Box 196850
Anchorage, AK 99503
Tel #: available with data download
Federal Regulator * available with data download
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 4,266
Total Mortgage Loan Application Amount $1,461,210,000
Average Mortgage Loan Application Amount $342,524
Highest Mortgage Loan Application Amount $12,005,000
Average Applicant Income $159,932
Highest Applicant Income $5,427,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Global Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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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Mortgage Loan Application Detail Totals for Global Federal Credit Union in 2025

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 1,951 $863,455,000 $442,000 $12,005,000 $167,000 $5,427,000
Home Improvement 886 $94,290,000 $106,000 $1,005,000 $132,000 $1,200,000
Other Purpose 549 $61,245,000 $111,000 $1,125,000 $141,000 $2,571,000
Refinancing 461 $327,185,000 $709,000 $5,605,000 $228,000 $1,287,000
Cash-out Refinancing 419 $115,035,000 $274,000 $2,705,000 $136,000 $910,000
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 2,465 $654,985,000 $265,000 $2,895,000 $148,000 $1,938,000
Asian 511 $349,665,000 $684,000 $2,675,000 $240,000 $5,427,000
Not Provided 475 $168,565,000 $354,000 $2,245,000 $180,000 $2,571,000
American Indian or Alaskan Native 324 $69,430,000 $214,000 $975,000 $133,000 $1,800,000
Hispanic 324 $83,370,000 $257,000 $1,765,000 $134,000 $936,000
Black or African American 96 $26,520,000 $276,000 $1,135,000 $133,000 $402,000
Not applicable 43 $100,535,000 $2,338,000 $12,005,000 $0 $0
Native Hawaiian or Other Pacific Islander 28 $8,140,000 $290,000 $1,205,000 $141,000 $351,000

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) 3,724 $1,241,610,000 $333,000 $12,005,000 $165,000 $5,427,000
VA-guaranteed (Veterans Administration) 267 $118,075,000 $442,000 $1,705,000 $142,000 $553,000
FHA-insured (Federal Housing Administration) 260 $97,250,000 $374,000 $815,000 $119,000 $881,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 15 $4,275,000 $285,000 $425,000 $107,000 $145,000

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 2,636 $1,040,910,000 $394,000 $12,005,000 $167,000 $5,427,000
Application Denied By Financial Institution 742 $123,540,000 $166,000 $3,005,000 $82,000 $548,000
Application Withdrawn By Applicant 706 $258,190,000 $365,000 $3,005,000 $167,000 $1,287,000
File Closed For Incompleteness 142 $27,470,000 $193,000 $4,005,000 $144,000 $712,000
Application Approved But Not Accepted 40 $11,100,000 $277,000 $665,000 $184,000 $434,000
Loan Purchased By The Institution 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 3,495 $1,320,985,000 $377,000 $12,005,000 $164,000 $5,427,000
Debt-To-Income Ratio 306 $71,870,000 $234,000 $2,245,000 $113,000 $2,571,000
Credit History 265 $30,405,000 $114,000 $645,000 $0 $0
Collateral 169 $24,325,000 $143,000 $1,035,000 $171,000 $171,000
Employment History 8 $1,750,000 $218,000 $345,000 $0 $0
Unverifiable Information 8 $4,570,000 $571,000 $935,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 7 $2,775,000 $396,000 $925,000 $0 $0
Other 7 $1,525,000 $217,000 $455,000 $0 $0
Credit Application Incomplete 1 $3,005,000 $3,005,000 $3,005,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Global Federal Credit Union's 2025 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Global Federal Credit Union's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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