Best mortgage lenders in Alaska
No lender is best for everyone, so this page ranks Alaska lenders on what federal records can measure: who makes the most loans here, who leads for FHA and VA, and what their Alaska borrowers paid. All figures are 2025 HMDA data; no lender pays to be listed.
Who leads for what in Alaska
"Most loans" and "Largest average loan" are among the 15 lenders with the most Alaska originations in 2025 (the latter counts lenders with at least 300 loans in the state); FHA and VA leaders count every lender's home-purchase loans.
The 15 lenders that made the most home loans in Alaska
| # | Lender | Type | Loans | FHA | VA | Avg loan | Approval* |
|---|---|---|---|---|---|---|---|
| 1 | Global Federal Credit Union | — | 1,678 | 9.5% | 9.2% | $281,037 | 80.2% |
| 2 | Residential Mortgage, LLC | — | 1,445 | 14.3% | 16.6% | $400,349 | 94.5% |
| 3 | Newrez | Nonbank lender | 973 | 17.1% | 37.4% | $394,065 | 94.4% |
| 4 | Rocket Mortgage | Nonbank lender | 776 | 12.8% | 12.6% | $249,884 | 80.6% |
| 5 | Veterans United | Nonbank lender | 446 | 0.4% | 96.2% | $390,314 | 78.5% |
| 6 | United Wholesale Mortgage | Nonbank lender | 399 | 17.3% | 41.9% | $399,912 | 85.6% |
| 7 | The Loan Store, Inc. | — | 380 | 12.6% | 15.3% | $349,632 | 89.6% |
| 8 | NuVision Federal Credit Union | — | 282 | 4.3% | 2.1% | $215,497 | 63.1% |
| 9 | Credit Union 1 Credit Union | — | 278 | 0.0% | 2.2% | $183,201 | 83.7% |
| 10 | Cornerstone Capital Bank, Ssb | — | 250 | 17.6% | 11.6% | $378,160 | 99.6% |
| 11 | Primelending, A Plainscapital Company | — | 238 | 24.4% | 13.0% | $397,353 | 94.4% |
| 12 | Movement Mortgage | Nonbank lender | 229 | 16.6% | 28.4% | $362,380 | 95.0% |
| 13 | loanDepot | Nonbank lender | 213 | 16.4% | 18.3% | $250,117 | 73.2% |
| 14 | First National Bank Alaska | — | 203 | 3.9% | 3.9% | $494,162 | 84.9% |
| 15 | Guild Mortgage | Nonbank lender | 197 | 20.3% | 22.8% | $333,376 | 93.8% |
Source: 2025 HMDA originations, FFIEC/CFPB. FHA/VA = share of each lender's Alaska loans. *Approval = originated ÷ (originated + denied); it mirrors a lender's channel and borrower mix, not how hard it is to qualify.
Also among the 25 lenders with the most HMDA filings here: PennyMac, AmeriHome Mortgage Company, LLC, Freedom Mortgage, Navy Federal Credit Union, AmeriSave Mortgage, Chase, Planet Home Lending, Figure Lending LLC, Wells Fargo, Guaranteed Rate (Rate).
FHA lenders in Alaska
1,208 FHA home-purchase loans were made in Alaska in 2025 by 71 lenders. The typical FHA buyer here paid $11,356 in loan costs, including the 1.75% upfront mortgage insurance premium, at a median rate of 6.25%. The ten lenders that made the most:
| # | Lender | FHA purchases | Share | Loan costs | APR vs benchmark |
|---|---|---|---|---|---|
| 1 | Residential Mortgage, LLC | 197 | 16.3% | $10,369 | +0.28 |
| 2 | Global Federal Credit Union | 152 | 12.6% | $10,033 | +0.09 |
| 3 | Newrez | 149 | 12.3% | $10,320 | +0.27 |
| 4 | United Wholesale Mortgage | 59 | 4.9% | $12,445 | +0.34 |
| 5 | Primelending, A Plainscapital Company | 56 | 4.6% | $14,038 | +0.47 |
| 6 | The Loan Store, Inc. | 47 | 3.9% | $10,615 | +0.33 |
| 7 | Rocket Mortgage | 45 | 3.7% | $12,591 | +0.29 |
| 8 | Cornerstone Capital Bank, Ssb | 44 | 3.6% | $12,750 | +0.49 |
| 9 | Guild Mortgage | 39 | 3.2% | $13,619 | +0.63 |
| 10 | Movement Mortgage | 34 | 2.8% | — | — |
| All Alaska FHA buyers | 1,208 | 100% | $11,356 | +0.31 |
Among them, Global Federal Credit Union had the lowest median loan costs ($10,033) and Primelending, A Plainscapital Company the highest ($14,038) — $4,005 apart on similar loans, which is why a second Loan Estimate is worth getting.
Source: 2025 HMDA loan-level records (FFIEC/CFPB), first-lien FHA home purchases in Alaska. Costs and APR vs benchmark are medians of each lender's 30-year fixed loans here; "—" = fewer than 30. How these figures are built.
VA lenders in Alaska
2,016 VA home-purchase loans were made in Alaska in 2025 by 87 lenders. The typical VA buyer here paid $8,959 in loan costs (including the VA funding fee for borrowers who owe it) at a median rate of 6.138%. The ten lenders that made the most:
| # | Lender | VA purchases | Share | Loan costs | APR vs benchmark |
|---|---|---|---|---|---|
| 1 | Veterans United | 360 | 17.9% | $7,884 | −0.21 |
| 2 | Newrez | 292 | 14.5% | $9,797 | −0.20 |
| 3 | Residential Mortgage, LLC | 220 | 10.9% | $9,366 | −0.31 |
| 4 | Global Federal Credit Union | 129 | 6.4% | $6,919 | −0.42 |
| 5 | United Wholesale Mortgage | 87 | 4.3% | $6,405 | −0.46 |
| 6 | Navy Federal Credit Union | 70 | 3.5% | $8,293 | −0.61 |
| 7 | USAA | 61 | 3.0% | $9,756 | −0.30 |
| 8 | The Loan Store, Inc. | 58 | 2.9% | $9,741 | −0.39 |
| 9 | Movement Mortgage | 48 | 2.4% | — | — |
| 10 | Guild Mortgage | 40 | 2.0% | $8,843 | −0.44 |
| All Alaska VA buyers | 2,016 | 100% | $8,959 | −0.32 |
Among them, United Wholesale Mortgage had the lowest median loan costs ($6,405) and Newrez the highest ($9,797) — $3,392 apart, though VA costs also depend on how many of a lender's borrowers are exempt from the funding fee.
Source: 2025 HMDA loan-level records (FFIEC/CFPB), first-lien VA home purchases in Alaska. Costs and APR vs benchmark are medians of each lender's 30-year fixed loans here; "—" = fewer than 30. Data notes and limits.
How concentrated is the Alaska market?
255 institutions reported Alaska home-loan records for 2025 — the fewest of any state. The single most active lender accounts for 11.6% of all records and the top five for 36.2%, the most concentrated market of 51. With that much of the market in a few hands, it pays to get at least one quote from outside the top five.
How to choose a lender in Alaska
Alaska borrowers took FHA loans 12.9% of the time and VA loans 23.6% (U.S. 13.2% and 8.2%). Buying near $832,750 or above? 30 Alaska counties have a higher conforming limit, so check which side of the jumbo line your county puts you on before comparing quotes.
Get Loan Estimates from three or more lenders in the same two-week window (one credit inquiry) and compare APRs. For down-payment help, ask whether they are approved for AHFC's First Home and First Home Limited or Interest-rate add-ons — only participating lenders can offer them (terms and sources).
Alaska lender FAQ
Who is the biggest mortgage lender in Alaska?
By 2025 federal HMDA data, Global Federal Credit Union originated the most home loans in Alaska — about 1,678, or 14.1% of the state's originations.
Which lender makes the most FHA loans in Alaska?
Residential Mortgage, LLC made the most FHA home-purchase loans in Alaska in 2025 — 197, or 16.3% of the 1,208 FHA purchases made by 71 lenders. Global Federal Credit Union (152) was second.
Which lender makes the most VA loans in Alaska?
Veterans United made the most VA home-purchase loans in Alaska in 2025 (360, 17.9% of the state's VA purchases). VA loans were 23.6% of Alaska originations, the highest VA share among the states.
How much are closing costs on an FHA loan in Alaska?
The typical Alaska FHA buyer in 2025 paid $11,356 in total loan costs on a median $355,000 loan — lender fees, required third-party services and the 1.75% upfront mortgage insurance premium, per the Closing Disclosure.
That figure excludes recording taxes, prepaid interest and insurance, escrow deposits and the down payment.
Rankings are editorial and independent, built from public federal data — no lender pays to be listed. This is general information, not a recommendation or personalized advice. Confirm all terms directly with the lender.
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