Alaska Usa Mortgage Company Rates, Fees & Info

JUNEAU, AK

LEI: 549300LQJS5UF0000H97

Tax ID: 04-3660901

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Alaska Usa Mortgage Company is a small mortgage company specializing in Home Purchase loans. Alaska Usa Mortgage Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Anchorage, Seattle, Fairbanks, Oak Harbor, and Juneau among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Alaska Usa Mortgage Company 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. Alaska Usa Mortgage Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.62% 11/21/24
    30 Year Conventional Refi 6.53% 11/21/24
    30 Year Cash-out Refi 6.81% 11/21/24
    30 Year FHA Purchase 6.98% 11/21/24
    30 Year FHA Refi 6.41% 11/21/24
    30 Year VA Purchase 6.19% 11/21/24
    30 Year VA Refi 6.06% 11/21/24
    30 Year USDA Purchase 6.60% 11/21/24
    30 Year USDA Refi 6.44% 11/21/24
    15 Year Conventional Purchase 6.13% 11/21/24
    15 Year Conventional Refi 5.94% 11/21/24
    15 Year Cash-out Refi 5.94% 11/21/24
    15 Year FHA Refi 5.68% 11/21/24
    15 Year VA Purchase 6.07% 11/21/24
    15 Year VA Refi 5.61% 11/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Alaska Usa Mortgage Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Alaska Usa Mortgage Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    3,538

    Origination Dollar Volume (All Markets)

    $1,005,160,000
    Show all (32) awards

    Top 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
    ANCHORAGE, AK (FHA|USDA|VA) 1,436 $396,140,000 $275,864 $3,538 3.89%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 555 $218,715,000 $394,081 $3,929 3.94%
    Outside of Metro Areas 548 $130,030,000 $237,281 $4,191 3.99%
    FAIRBANKS, AK (FHA|USDA|VA) 352 $82,900,000 $235,511 $3,684 3.89%
    Oak Harbor, WA (FHA|USDA|VA) 183 $51,755,000 $282,814 $4,684 3.87%
    Juneau, AK (FHA|USDA|VA) 154 $48,600,000 $315,584 $5,383 3.86%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 130 $25,150,000 $193,462 $3,882 4.04%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 28 $10,010,000 $357,500 $6,398 3.83%
    Ketchikan, AK (FHA|USDA|VA) 29 $8,325,000 $287,069 $6,334 3.99%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 24 $5,920,000 $246,667 $4,358 3.80%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 17 $5,085,000 $299,118 $4,166 4.22%
    BELLINGHAM, WA (FHA|USDA|VA) 16 $4,780,000 $298,750 $5,150 3.93%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 13 $4,425,000 $340,385 $2,771 3.90%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 18 $3,950,000 $219,444 $2,888 4.26%
    Shelton, WA (FHA|USDA|VA) 11 $2,695,000 $245,000 $2,936 3.78%
    Aberdeen, WA (FHA|USDA|VA) 5 $1,285,000 $257,000 $5,379 4.40%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $1,065,000 $355,000 $7,367 3.75%
    Ellensburg, WA (FHA|USDA|VA) 2 $910,000 $455,000 $2,197 4.06%
    LONGVIEW, WA (FHA|USDA|VA) 4 $910,000 $227,500 $6,068 4.06%
    YUBA CITY, CA (FHA|USDA|VA) 1 $455,000 $455,000 $5,267 3.63%
    YAKIMA, WA (FHA|USDA|VA) 1 $305,000 $305,000 $3,191 3.50%
    STOCKTON, CA (FHA|USDA|VA) 1 $275,000 $275,000 $3,749 3.88%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.25%
    WENATCHEE, WA (FHA|USDA|VA) 1 $255,000 $255,000 $5,514 4.00%
    Centralia, WA (FHA|USDA|VA) 1 $225,000 $225,000 $2,733 4.38%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $205,000 $205,000 $2,876 3.88%
    Pullman, WA (FHA|USDA|VA) 1 $185,000 $185,000 $2,650 4.38%
    Othello, WA (FHA|USDA|VA) 1 $175,000 $175,000 $5,679 4.25%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $165,000 $165,000 $3,317 3.88%
    Alaska Usa Mortgage Company's top markets include Anchorage, Seattle, Fairbanks, Oak Harbor, and Juneau among others.

    Their top states include:
  • Alaska (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • California (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Alaska USA Mortgage Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    INDUSTRIAL CU OF WHATCOM COUNTY
    Similarity Rank: 9
    MATANUSKA VALLEY FEDERAL CREDIT UNION
    Similarity Rank: 48
    TRUE NORTH FEDERAL CREDIT UNION
    Similarity Rank: 72
    CREDIT UNION 1
    Similarity Rank: 150
    First National Bank Alaska
    Similarity Rank: 372
    GUARANTY MORTGAGE SERVICE, INC.
    Similarity Rank: 456
    LBS FINANCIAL
    Similarity Rank: 630
    Ukrainian Federal Credit Union
    Similarity Rank: 657
    Los Angeles Federal Credit Union
    Similarity Rank: 774
    FRONTWAVE
    Similarity Rank: 912

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,441 $684,585,000 $280,453 $3,039 3.99%
    VA 588 $186,770,000 $317,636 $5,962 3.69%
    FHA 401 $107,295,000 $267,569 $6,138 3.90%
    USDA 108 $26,510,000 $245,463 $4,166 3.79%

    For 2019, Alaska Usa Mortgage Company's most frequently originated type of loan was Conventional, with 2,441 originations. Their 2nd most popular type was VA, with 588 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,337 $682,865,000 $292,197 $3,731 3.92%
    Cash Out Refi 530 $137,110,000 $258,698 $4,809 4.04%
    Refi 476 $140,540,000 $295,252 $3,857 3.67%
    Other 157 $37,525,000 $239,013 $4,113 4.22%
    Home Improvement 38 $7,120,000 $187,368 $4,277 4.15%

    For 2019, Alaska Usa Mortgage Company's most frequently cited loan purpose was Home Purchase, with 2,337 originations. The 2nd most popular reason was Cash Out Refi, with 530 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,213 $940,595,000 $292,747 $4,019 3.96%
    15 Year 267 $52,945,000 $198,296 $3,087 3.54%
    20 Year 33 $7,555,000 $228,939 $3,100 3.90%
    Other 16 $3,290,000 $205,625 $2,309 3.86%
    10 Year 9 $775,000 $86,111 $2,867 3.61%

    For 2019, Alaska Usa Mortgage Company's most frequently cited loan duration was 30 Year, with 3,213 originations. The 2nd most popular length was 15 Year, with 267 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,083 $571,485,000 $274,357
    $1k-2k 638 $186,600,000 $292,476
    $2k-3k 285 $76,155,000 $267,211
    $3k-4k 188 $56,520,000 $300,638
    $5k+ 87 $38,845,000 $446,494
    $4k-5k 74 $27,890,000 $376,892

    Alaska Usa Mortgage Company's average total fees were $4,019, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,083 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,243 $657,405,000 $293,092
    4-5% 1,121 $303,475,000 $270,718
    5-6% 94 $26,810,000 $285,213
    2.5-3% 48 $12,780,000 $266,250
    <2.5% 20 $910,000 $45,500
    6-7% 11 $3,445,000 $313,182

    During 2019, Alaska Usa Mortgage Company's average interest rate for loans was 3.96%, while their most frequently originated rate bucket for loans was 3-4%, with 2,243 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,049 $578,815,000 $282,487 $4,167 3.94%
    $100k-200k 787 $125,655,000 $159,663 $2,722 3.96%
    $400k-600k 392 $183,620,000 $468,418 $5,263 3.85%
    $100,000 or less 166 $11,670,000 $70,301 $1,984 3.66%
    $600k-1MM 137 $97,215,000 $709,599 $5,328 3.83%
    $1MM+ 7 $8,185,000 $1,169,286 $5,371 4.75%

    2019 saw Alaska Usa Mortgage Company place emphasis on $200k-400k loans with 2,049 originations, totaling $578,815,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 883 $282,145,000 $319,530 $3,989 3.95%
    $50k-75k 870 $199,450,000 $229,253 $3,824 3.90%
    $75k-100k 767 $203,295,000 $265,052 $4,109 3.91%
    $150k-250k 451 $174,415,000 $386,729 $4,433 3.97%
    $50k or less 358 $58,940,000 $164,637 $2,872 3.90%
    $250k+ 114 $53,550,000 $469,737 $4,721 3.98%

    Alaska Usa Mortgage Company lent most frequently to those with incomes in the $100k-150k range, with 883 originations. The second most popular income band? $50k-75k, with 870 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 664 $179,150,000 $269,804 $3,603 3.90%
    30-36% 658 $184,090,000 $279,772 $3,768 3.93%
    <20% 239 $53,355,000 $223,243 $3,088 3.82%
    50-60% 166 $51,450,000 $309,940 $6,629 3.82%
    41% 156 $47,740,000 $306,026 $3,791 3.94%
    40% 155 $47,855,000 $308,742 $4,501 3.98%
    42% 150 $49,930,000 $332,867 $4,084 3.96%
    38% 150 $43,150,000 $287,667 $3,461 3.94%
    39% 141 $41,615,000 $295,142 $4,106 3.96%
    44% 134 $36,090,000 $269,328 $3,581 3.97%
    37% 133 $38,635,000 $290,489 $3,760 3.94%
    43% 121 $33,185,000 $274,256 $4,325 3.94%
    36% 115 $34,895,000 $303,435 $3,689 4.03%
    45% 102 $29,850,000 $292,647 $3,830 3.93%
    46% 99 $28,295,000 $285,808 $4,111 4.11%
    48% 93 $25,325,000 $272,312 $3,902 3.90%
    47% 81 $21,785,000 $268,951 $4,411 4.02%
    49% 70 $19,260,000 $275,143 $4,586 3.98%
    >60% 15 $4,745,000 $316,333 $3,023 3.76%

    Alaska Usa Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 664 originations. The next most common DTI ratio? 30-36%, with 658 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,407 $660,575,000 $274,439 $3,916 3.94%
    Not provided 440 $119,720,000 $272,091 $3,788 3.93%
    Asian 263 $109,775,000 $417,395 $3,268 3.83%
    American Indian 295 $77,925,000 $264,153 $4,841 3.86%
    Black 95 $25,955,000 $273,211 $4,000 3.75%
    Native Hawaiian or Islander 19 $5,515,000 $290,263 $4,847 3.93%
    Filipino 6 $1,370,000 $228,333 $2,149 4.17%
    Vietnamese 2 $1,150,000 $575,000 $4,070 4.44%
    Chinese 3 $1,115,000 $371,667 $2,032 3.88%
    Asian Indian 3 $1,095,000 $365,000 $3,144 3.67%
    Other Pacific Islander 3 $435,000 $145,000 $2,508 3.58%
    Other Asian 1 $365,000 $365,000 $659 3.88%
    Native Hawaiian 1 $165,000 $165,000 $2,913 4.13%

    Approval Rates

    Total approvals of all applications
    90.09%

    Alaska Usa Mortgage Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.56%

    Alaska Usa Mortgage Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,538 $1,005,160,000 $284,104

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $6,750,000 $675,000
    Single Family (1-4 Units):Manufactured 52 $10,770,000 $207,115
    Single Family (1-4 Units):Site-Built 3,476 $987,640,000 $284,131

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 124 $16,070,000 $129,597 $2,666 3.85%
    40-60% 269 $57,385,000 $213,327 $3,114 3.87%
    60-80% 946 $278,700,000 $294,609 $3,703 4.07%
    80-100% 1,939 $576,605,000 $297,372 $3,859 3.92%
    Over 100% 133 $43,655,000 $328,233 $9,724 3.78%
    Under 20% 30 $1,480,000 $49,333 $1,230 1.80%