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Ready to lay down roots? We’ll help you own your own beautiful piece of Alaska — at the right rate.

Key Features

  • Affordable Rates
  • Pre-Approval Available
  • Refinancing Available
  • Local Decision-Making
  • Competitive rates for home purchase, refinance, or construction of residential properties
  • Available for primary residence, second homes, vacation homes, or investment properties
  • Flexible terms customized to your unique situation
  • A wide range of financing programs available
  • Helpful loan advisors with working knowledge of the local real estate market
  • Free pre-approval for extra confidence when it comes to securing financing
  • Refinance your current home to potentially lower your rate
  • Fast decision-making and processing right here in Fairbanks
  • Attentive, friendly service from local financial experts

Get in Touch

We’d be happy to talk to you more about buying your dream home. Contact our Mortgage Department by phone at 907.458.4202 or email one of our Mortgage Loan Officers:

Alaska Housing Finance Co. (AHFC) Loans

  • First time home-buyer loans
  • Renovation loans
  • Energy efficiency

Alaska Housing Finance Corporation offers a variety of loan programs. From first time home-buyers to energy efficiency upgrades to rehabilitation projects, just to name a few.

Veterans Administration (VA) Loans

Veterans, active military members, or their surviving spouses may qualify for a VA loan. With this special military financing, a Veteran or family member may purchase a home with no down payment. 

Federal Home Administration (FHA) Loans

The FHA offers owner-occupied borrowers the ability to obtain home ownership with a low down payment of 3.5%. An FHA insured mortgage can be used to purchase or refinance a new or existing multiple family dwelling, such as a duplex or condo.

Cabin Loan Program

The cabin loan program is a Denali State Bank in-house loan product that allows Alaskans the opportunity to finance an unconventional type of property. There are options available for single residence, detached residence, and investment properties. 

Conventional Home Loans

Purchase or Refinance

Fannie Mae and Freddie Mac set the terms and conditions for conventional home loans. These loans can be a fixed-rate mortgage or an adjustable rate mortgage. They require a down payment by the borrower and have a wide range of payment period terms. 

Doctor/Dentist Home Loan Program

The Doctor/Dentist Home Loan Program is an in-house loan product that provides special financing for Doctors or Dentists that intend to reside in Alaska. This program is for established or new medical professionals (Doctor/Dentist) who have completed or will be completing their residency. Student loans that are deferred for 12 months or more will not be counted in the qualifying ratios, which allow for a lower debt to income ratio for qualifying. Income for this program can be based on a signed employment contract with a start date no later than the note of closing.

  • Competitive rates for your home construction project
  • Available for primary residence or second home construction
  • Provides more convenience, especially toward the end of the construction phase and the beginning of permanent mortgage
  • Pay off interest quicker; payments are interest-only during construction phase
  • Payments are made on the amount drawn on your loan sufficient to pay your builder
  • Construction draws applied in stages based on work completed
  • Local lenders with construction knowledge for our arctic climates

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