Skagway, AK Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 26 mortgage applications in Skagway, AK totaling $9.7 million, up 30% from 2024. The average application was for $372,000, and applicants reported an average income of $259,000. 58% of applications resulted in an originated loan and 15% were denied. The most active lender was Movement Mortgage, LLC, with 3 applications, followed by Global Federal Credit Union and Wells Fargo Bank NA.

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Years 2025  2024  
Total Number of Mortgage Applications 26
Total Mortgage Loan Application Amount $9,680,000
Average Mortgage Loan Application Amount $372,000
Highest Mortgage Loan Application Amount $725,000
Average Applicant Income $259,000
Highest Applicant Income $1,460,000
Download the Alaska Lender List

Top Mortgage Lenders in Skagway, AK (2025)

Ranked by the number of mortgage applications each lender reported in Skagway, AK in 2025.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Movement Mortgage, LLC
Indian Land, SC
3 $1,095,000 $365,000 $114,000
2 Global Federal Credit Union
Anchorage, AK
2 $380,000 $190,000 $73,000
3 Wells Fargo Bank NA
Minneapolis, MN
2 $330,000 $165,000 $97,000
4 US Bank, N.A.
Cincinnati, OH
2 $510,000 $255,000 $147,000
5 Residential Mortgage, LLC
Anchorage, AK
2 $1,210,000 $605,000 $242,000
6 Nuvision Federal Credit Union
Huntington Beach, CA
1 $85,000 $85,000 $149,000
7 True North Federal Credit Union
Juneau, AK
1 $95,000 $95,000 $79,000
8 Newrez LLC
Fort Washington, PA
1 $705,000 $705,000 $0
9 West Gate Bank
Lincoln, NE
1 $455,000 $455,000 $1,460,000
10 Envoy Mortgage, Ltd
Houston, TX
1 $205,000 $205,000 $262,000

See every lender active in Skagway, AK in 2025 »

The tables below break down 2025 mortgage applications in Skagway, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Skagway, AK 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 12 $5,840,000 $486,000 $705,000 $166,000 $305,000
Cash-out Refinancing 5 $1,615,000 $323,000 $725,000 $197,000 $262,000
Refinancing 4 $1,530,000 $382,000 $505,000 $654,000 $1,460,000
Other Purpose 2 $530,000 $265,000 $325,000 $146,000 $195,000
Home Improvement 2 $160,000 $80,000 $85,000 $149,000 $149,000
Not Applicable 1 $5,000 $5,000 $5,000 $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 18 $6,160,000 $342,000 $725,000 $277,000 $1,460,000
Not Provided 4 $1,920,000 $480,000 $705,000 $194,000 $303,000
Not applicable 3 $1,315,000 $438,000 $705,000 $0 $0
American Indian or Alaskan Native 1 $285,000 $285,000 $285,000 $201,000 $201,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 19 $5,565,000 $292,000 $705,000 $286,000 $1,460,000
VA-guaranteed (Veterans Administration) 5 $3,345,000 $669,000 $725,000 $197,000 $216,000
FHA-insured (Federal Housing Administration) 2 $770,000 $385,000 $385,000 $120,000 $120,000
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
Loan Originated 15 $5,775,000 $385,000 $705,000 $266,000 $1,460,000
Application Denied By Financial Institution 4 $680,000 $170,000 $305,000 $124,000 $195,000
Application Withdrawn By Applicant 3 $1,525,000 $508,000 $725,000 $403,000 $896,000
Loan Purchased By The Institution 3 $1,315,000 $438,000 $705,000 $0 $0
Application Approved But Not Accepted 1 $385,000 $385,000 $385,000 $120,000 $120,000
File Closed For Incompleteness 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 22 $9,000,000 $409,000 $725,000 $280,000 $1,460,000
Credit Application Incomplete 2 $400,000 $200,000 $305,000 $89,000 $100,000
Credit History 1 $75,000 $75,000 $75,000 $0 $0
Collateral 1 $205,000 $205,000 $205,000 $195,000 $195,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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