Matanuska-Susitna Borough, AK: mortgages, home buyers & loan limits
What buyers in Matanuska-Susitna Borough actually borrowed, earned and paid in 2025, from the official Home Mortgage Disclosure Act records — plus the 2026 conforming and FHA loan limits.
HMDA 2025 data released June 23, 2026 · Loan limits for calendar year 2026
In 2025, lenders reported 1,612 home-purchase mortgages for owner-occupied, single-family homes in Matanuska-Susitna Borough, AK. The median buyer borrowed $395,000 on a home valued at $435,000 and reported a household income of $120,000.
Buyers financed a median 95% of the home's value (roughly 5% down), paid a median 6.50% on 30-year fixed conventional loans and faced median conventional loan costs of $5,810.
Lenders denied 5.2% of completed home-purchase applications.
Key facts about Matanuska-Susitna Borough mortgages
- The median 30-year fixed conventional rate here was 13 basis points below the U.S. median (6.625%).
- Median conventional loan costs ($5,810) were 4% higher than the U.S. median ($5,570).
- VA loans were unusually common: 34.1% of purchase mortgages.
- 24.7% of buyers put at least 20% down (financed 80% or less), compared with 38.5% nationally.
- The most common age bracket among borrowers was 25–34 (36.4% of purchase loans).
- 55.4% of purchase mortgages had a single borrower with no co-applicant.
- The most-cited reason for denial was debt-to-income ratio (39.6% of denials with a stated reason).
National rank among 1,994 counties with at least 100 purchase loans: median income of home buyers 351st · median home-purchase loan 224th · median conventional loan costs 472nd · purchase application denial rate 1755th. See rankings.
2026 loan limits in Matanuska-Susitna Borough
| Property | Conforming 2026 | vs 2025 | FHA 2026 | vs 2025 |
|---|---|---|---|---|
| 1 unit | $1,249,125 | +$39,375 | $541,287 | +$17,062 |
| 2 units | $1,599,375 | +$50,400 | $693,050 | +$21,850 |
| 3 units | $1,933,200 | +$60,975 | $837,700 | +$26,425 |
| 4 units | $2,402,625 | +$75,750 | $1,041,125 | +$32,825 |
2026 limits for Matanuska-Susitna Borough, AK: conforming (Fannie Mae / Freddie Mac) from FHFA; FHA forward-mortgage limits from HUD. FHA limit is at the national floor for low-cost areas. Loans above the conforming limit are "jumbo" loans.
All Alaska counties: Alaska 2026 loan limits. FHFA and HUD normally announce the next year's limits in late November.
Who bought homes in Matanuska-Susitna Borough
Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.
Values are medians; "middle half" is the 25th to 75th percentile.
Loan type
What the homes were for
All first-lien, closed-end purchase mortgages, including second homes and investors.
Borrower age
Debt-to-income ratio
Monthly debts (including the new payment) as a share of income, as used in underwriting.
What borrowing cost in Matanuska-Susitna Borough
Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.
| Measure | Matanuska-Susitna Borough | Alaska | U.S. |
|---|---|---|---|
| 30-year fixed rate · conventional | 6.500% | 6.500% | 6.625% |
| 30-year fixed rate · FHA | 6.240% | 6.250% | 6.250% |
| 30-year fixed rate · VA | 6.125% | 6.125% | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% | 5.875% |
| Rate spread vs. APOR · conventional | +0.09 pts | +0.06 pts | +0.13 pts |
| Total loan costs · conventional | $5,810 | $5,740 | $5,570 |
| Total loan costs · FHA | $12,170 | $11,680 | $11,310 |
| Total loan costs · VA | $8,600 | $8,760 | $6,490 |
| Origination charges (all loan types) | $2,710 | $2,480 | $1,860 |
| Borrowers paying discount points | 68.9% | 62.6% | 51.3% |
| Points paid, when paid (% of loan) | 0.74% | 0.75% | 0.87% |
| Borrowers receiving lender credits | 27.0% | 27.4% | 33.1% |
| Adjustable-rate mortgages | 3.8% | 3.9% | 7.4% |
| Jumbo loans (above conforming limit) | 0.0% | 0.2% | 3.8% |
Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.
Approvals and denials
Matanuska-Susitna Borough: 91 of 1,743 completed home-purchase applications were denied (5.2%).
Denial rate
| Application | Matanuska-Susitna Borough | Alaska | U.S. |
|---|---|---|---|
| Home purchase | 5.2% | 5.7% | 8.5% |
| Conventional | 4.5% | 5.5% | 7.1% |
| FHA | 7.5% | 7.5% | 12.5% |
| VA | 4.0% | 4.7% | 8.0% |
| USDA | 20.0% | 18.3% | 12.5% |
| Refinance | 16.8% | 17.6% | 17.9% |
| Cash-out refinance | 33.3% | 37.1% | 33.6% |
Main reason for purchase denials
First reason the lender reported.
Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.
Refinancing in Matanuska-Susitna Borough
Top mortgage lenders in Matanuska-Susitna Borough
104 lenders originated at least one home-purchase or refinance loan here in 2025. The table ranks them by loan count; pricing columns compare conventional purchase loans only.
| # | Lender | Loans | Share | Denial rate | 30-yr rate* | Spread* | Costs* |
|---|---|---|---|---|---|---|---|
| 1 | Global Federal Credit Union | 255 | 11.6% | 5.1% | 6.500% | −0.03 | $4,570 |
| 2 | Newrez LLC | 251 | 11.4% | 0.5% | 6.750% | +0.21 | $4,700 |
| 3 | Residential Mortgage, LLC | 229 | 10.4% | 3.7% | 6.375% | +0.04 | $4,340 |
| 4 | United Wholesale Mortgage (UWM) | 153 | 7.0% | 7.1% | 6.499% | −0.04 | $7,990 |
| 5 | Rocket Mortgage, LLC | 142 | 6.5% | 2.0% | 6.250% | +0.04 | $9,550 |
| 6 | Veterans United Home Loans | 91 | 4.2% | 5.3% | — | — | — |
| 7 | Movement Mortgage, LLC | 72 | 3.3% | 3.1% | 6.625% | +0.16 | $6,310 |
| 8 | The Loan Store, Inc. | 68 | 3.1% | 6.6% | 6.625% | +0.11 | $5,970 |
| 9 | Canopy Mortgage, LLC | 61 | 2.8% | 0.0% | 6.625% | +0.09 | $7,740 |
| 10 | Matanuska Valley Federal Credit Union | 52 | 2.4% | 4.2% | — | — | — |
| 11 | Freedom Mortgage Corporation | 41 | 1.9% | — | — | — | — |
| 12 | Kind Lending, LLC | 41 | 1.9% | 7.0% | — | — | — |
| 13 | First National Bank Alaska | 40 | 1.8% | 13.9% | 6.500% | +0.02 | $7,640 |
| 14 | Guild Mortgage Company | 40 | 1.8% | 7.7% | — | — | — |
| 15 | Paramount Residential Mortgage Group, Inc. | 35 | 1.6% | 0.0% | — | — | — |
| 16 | Primelending, a Plainscapital Company | 34 | 1.6% | 7.9% | — | — | — |
| 17 | Pennymac Loan Services, LLC | 32 | 1.5% | — | — | — | — |
| 18 | loanDepot.com, LLC | 27 | 1.2% | — | — | — | — |
| 19 | Fairway Independent Mortgage Corporation | 27 | 1.2% | 0.0% | — | — | — |
| 20 | Primary Residential Mortgage, Inc. | 25 | 1.1% | 0.0% | — | — | — |
| 21 | Envoy Mortgage, LTD | 23 | 1.1% | 0.0% | — | — | — |
| 22 | Navy Federal Credit Union | 22 | 1.0% | — | — | — | — |
| 23 | USAA Federal Savings Bank | 22 | 1.0% | 27.6% | — | — | — |
| 24 | Rate | 20 | 0.9% | — | — | — | — |
| 25 | Churchill Mortgage Corporation | 19 | 0.9% | — | — | — | — |
Lenders in Matanuska-Susitna Borough, AK. Loans = home-purchase, refinance and cash-out originations (2025); share = share of those loans here; denial rate = home-purchase applications. *Medians for conventional home-purchase loans, shown with at least 20 loans; spread = APR minus the average prime offer rate at rate lock (percentage points); costs = total loan costs (section D).
Check a quote for Matanuska-Susitna Borough
Is my Loan Estimate high?
Compare your origination charges and total loan costs with 2025 loans of the same type and size in Alaska and Matanuska-Susitna Borough.
Monthly payment calculator
Principal, interest, property tax (1.06% typical effective rate here) and insurance, with Matanuska-Susitna Borough defaults.
Typical effective property-tax rate 1.06% = median real estate taxes ÷ median home value, U.S. Census Bureau ACS 2020–2024 5-year estimates.
Nearby counties
| County | Distance | Purchase loans | Median loan | Buyer income | Conforming limit | FHA limit |
|---|---|---|---|---|---|---|
| Anchorage Municipality, AK | 76 mi | 2,828 | $385,000 | $123,000 | $1,249,125 | $541,287 |
| Denali Borough, AK | 99 mi | 10 | — | — | $1,249,125 | $541,287 |
| Kenai Peninsula Borough, AK | 161 mi | 523 | $345,000 | $111,000 | $1,249,125 | $541,287 |
| Chugach Census Area, AK | 164 mi | 48 | $345,000 | $133,000 | $1,249,125 | $541,287 |
| Copper River Census Area, AK | 181 mi | 11 | — | — | $1,249,125 | $541,287 |
| Fairbanks North Star Borough, AK | 190 mi | 1,021 | $335,000 | $119,000 | $1,249,125 | $541,287 |
Frequently asked questions
What is the 2026 conforming loan limit in Matanuska-Susitna Borough?
$1,249,125 for a one-unit home (FHFA). Two- to four-unit limits are $1,599,375, $1,933,200, $2,402,625. Loans above the limit are jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac.
What is the 2026 FHA loan limit in Matanuska-Susitna Borough?
$541,287 for a one-unit home (HUD). This is the national floor for low-cost areas.
How much do home buyers in Matanuska-Susitna Borough earn?
The median household income reported on 2025 home-purchase mortgages was $120,000; the middle half of buyers reported $90,000 to $162,000.
What mortgage rate did buyers in Matanuska-Susitna Borough get in 2025?
The median rate on 30-year fixed conventional purchase loans was 6.50%; FHA borrowers paid a median 6.24%. These are rates locked during 2025; check today's rates with several lenders.
How often are mortgage applications denied in Matanuska-Susitna Borough?
5.2% of completed home-purchase applications were denied in 2025; the most common stated reason was debt-to-income ratio.
Sources: FFIEC/CFPB HMDA 2025 public loan/application register (Snapshot as of June 1, 2026); FHFA 2026 conforming loan limits; HUD 2026 FHA forward-mortgage limits; U.S. Census Bureau. Figures describe typical 2025 loans, not your offer. Methodology