Denali State Bank Mortgage Rates, Fees & Info
Fairbanks, AKLEI: 5493003OSI5CD032EN89
Tax ID: 92-0111874
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Denali State Bank is a smaller bank specializing in Home Purchase loans. Denali State Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top two markets are Fairbanks and Anchorage .Denali State Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
237Origination Dollar Volume (All Markets)
$69,275,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| FAIRBANKS, AK (FHA|USDA|VA) | 219 | $64,245,000 | $293,356 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $3,885,000 | $259,000 | $0 | 0.00% |
| ANCHORAGE, AK (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 188 | $53,870,000 | $286,543 | $0 | 0.00% |
| VA | 25 | $8,195,000 | $327,800 | $0 | 0.00% |
| FHA | 24 | $7,210,000 | $300,417 | $0 | 0.00% |
For 2022, Denali State Bank's most frequently originated type of loan was Conventional, with 188 originations. Their 2nd most popular type was VA, with 25 originations.
Loan Reason
For 2022, Denali State Bank's most frequently cited loan purpose was Home Purchase, with 187 originations. The 2nd most popular reason was Refi, with 24 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 237 | $69,275,000 | $292,300 | $0 | 0.00% |
For 2022, Denali State Bank's most frequently cited loan duration was Other, with 237 originations.
Loan Sizing
2022 saw Denali State Bank place emphasis on $200k-400k loans with 120 originations, totaling $33,950,000 in origination value.
Applicant Income
Denali State Bank lent most frequently to those with incomes in the $75k-100k range, with 56 originations. The second most popular income band? $50k-75k, with 49 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 237 | $69,275,000 | $292,300 | $0 | 0.00% |
Denali State Bank lent most frequently to those with DTI ratios of Exempt%, with 237 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.03%
Denali State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination71.73%
Denali State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 237 | $69,275,000 | $292,300 |