When buying your dream house, it’s important to have an experienced mortgage lending team on your side. We offer quick and customized home financing options to best fit your needs! Check out all of our home financing options below (first-time home buyer, VA military, cabin loans, etc.). Our online application portal and our team of home loan experts looks forward to assisting you every step of the way. Fairbanks has been our home since 1986 and we're proud to be your hometown mortgage bank. We've got your home loan covered, now all you need to do is find the perfect property for sale!
We’re proud to be your hometown Mortgage Bank
- 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.
Contact our Mortgage Department for further details:
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.
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.
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.
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.
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.
The FLEXLINE allows you to borrow up to 85% of your home's equity just like cash for whatever you want! For planned or unplanned expenses, you can use the money however and whenever you need it.
- Pay off credit cards
- Purchase a vehicle, boat or other toy
- Remodel your house or make home improvements
- Travel and enjoy a vacation
- Do whatever you want!