BEST MORTGAGE LENDERS IN ALASKA

BEST MORTGAGE LENDERS IN ALASKA June 2023

 Are you planning to buy a home in Alaska? Alaska has a housing unit of more than 310,000 and has a home ownership of 66%

As a borrower, there are things to consider before selecting a lender;

  • Check your finances
  • Determine your budget
  • Know your mortgage options
  • Compare rates and terms from many lenders
  • Have approval for mortgage
  • Read the print well

Best Alaska Mortgage Lenders June 2023

1.Homefinity;- Homefinity has a minimum down payment of 3% and a minimum credit score which is not disclosed to the public.

2.Caliber Home Loans;- Caliber home loans has a minimum down payment of 3% and a minimum credit score of 620.

3.Carrington Mortgage;- Carrington Mortgage has a minimum down payment of 3% and a minimum credit score of 620.

4.PenFed Credit Union;- PenFed Credit Union has a minimum down payment of 0% for a Veterans Affairs loan and a minimum credit score of 620.

5.Truist Bank;- Truist Bank has a minimum down payment of 3% and a minimum credit score which is not disclosed to the public.

6.Amerisave;- Chase has a minimum down payment of 3% and minimum credit score of 620

7.Veterans United;- Lower.com has a minimum down payment of 0% of Veterans Affairs and minimum credit score of 620.

8.PNC;- PNC has a minimum down payment of 3% and a minimum credit score of 620.

9.PrimeLending;- PrimeLending has a minimum down payment of 3% and a minimum credit score of 620.

10.Real Genius;- Real Genius has a minimum down payment which is not disclosed to the public and a minimum credit score of 620.

Review of the Best Mortgage Lenders in Alaska June 2023

1.Homefinity – Best for online application and Approval

2.Caliber Home Loans – Best for online service

3.Carrington Mortgage – Best for borrowers with bad credit

4.PenFe d Credit Union – Best for lender credit and no lender fee

5.Truist Bank – Best for client relations

6.AmeriSave – Best for mortgage variety

7.Veterans United Home Loan – Best  for Veterans Affairs loans

8.PNC – Best for low down-payment

9.PrimeLending – Best for digital customer care

10.Real Genius – Best for online application

  • The mortgage rate in Alaska is 2.63% on average for 30 years fixed rate. Home interest rates range from 2.5% to 2.75%.

However, there are more mortgage lenders in Alaska such as;

  • Sofi – best for online service
  • Guild – best for product selection
  • CMG Financial – best for first-time borrowers who want to crowd-fund their down payment.
  • Freedom Mortgage – best for product availability
  • LoanDepot – best for a digital-first mortgage
  • Alliant Credit Union – best for no down payment
  • Rocket Mortgage – best for customer service
  • Bank of America – best for large loan amounts
  • Guaranteed Rate – best for digital closing
  • U.S. Bank Mortgage – best for short terms loans

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