×

Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Alaska
  4. Anchorage
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Anchorage, AK

How much house can you afford in Anchorage? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Anchorage

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

First Rate Financial Anchorage NMLS #184451

First Rate Financial Anchorage holds an active NMLS license (#184451) and works closely with clients who have unique financial situations, including credit rebuilding and complex incomes. Their team guides borrowers through mortgage options with clear explanations and responsive communication, helping make home financing more manageable despite occasional timing challenges.

View Profile
(907) 222-5500
Closed Now
3150 C St Ste. 150, Anchorage, AK 99503
2

Mortgage Brokers of Alaska NMLS #1708957

Mortgage Brokers of Alaska NMLS #1708957 focuses on helping local clients save money by avoiding typical bank fees through a broad range of mortgage and refinancing options. Their services include conventional, VA, FHA, USDA, jumbo, asset-based, and fix-and-flip loans. Customers appreciate the team’s clear communication and responsiveness throughout the mortgage process.

Services & Prices
Home Mortgage Quoted per loan
Refinancing Quoted per loan
1031 Exchange Assistance Quoted per loan
First-Time Buyer Programs Quoted per loan
View Profile
(907) 343-8898
Closed Now
1577 C St #101D, Anchorage, AK 99501
General Services
Mortgage Services
3

PrimeLending, A PlainsCapital Company - Anchorage

With over 60 years of combined experience, PrimeLending’s Anchorage team focuses on guiding Alaskans through home buying, refinancing, renovation loans, and VA mortgages. They offer a streamlined digital process and personalized support, though some investors have found responsiveness less consistent during time-sensitive transactions.

Services & Prices
Fixed-Rate Mortgages Quoted per loan
Adjustable-Rate Mortgages Quoted per loan
FHA Loans Quoted per loan
Basic Pre-Approval Quoted per loan
View Profile
(907) 205-3400
Closed Now
3201 C St #500, Anchorage, AK 99503
General Services
Home Loan Financing
4

Residential Mortgage

With over 28 years of experience, Residential Mortgage offers a full range of home loan options, including purchase and refinancing programs tailored to individual needs. The team is known for responsive, personal guidance throughout the process, helping clients feel confident and supported from start to finish. Some customers note the process can require patience, but many appreciate the… more...

With over 28 years of experience, Residential Mortgage offers a full range of home loan options, including purchase and refinancing programs tailored to individual needs. The team is known for responsive, personal guidance throughout the process, helping clients feel confident and supported from start to finish. Some customers note the process can require patience, but many appreciate the attentive service.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
Loan Pre-Approval Quoted per loan
Owner-Occupied Financing Quoted per loan
View Profile
(907) 222-8800
Closed Now
3700 Centerpoint Dr #500, Anchorage, AK 99503
General Services
Mortgage Services
5

Ryan Groeneweg "Mr. Low Rates"- Mortgage Broker NMLS #1972095

Licensed as NMLS #1972095, Mr. Low Rates specializes in securing competitive mortgage rates with a straightforward, transparent process. The team assists clients through home loan applications, often simplifying what can be a complex experience. Customers appreciate their responsiveness and ability to find solutions quickly, though some note the challenges of navigating high interest rates… more...

Licensed as NMLS #1972095, Mr. Low Rates specializes in securing competitive mortgage rates with a straightforward, transparent process. The team assists clients through home loan applications, often simplifying what can be a complex experience. Customers appreciate their responsiveness and ability to find solutions quickly, though some note the challenges of navigating high interest rates overall.

View Profile
(907) 441-5999
Open 00:00 - 23:59
306 Davis St, Anchorage, AK 99508
Where they are 10 on the map Click a pin for the profile and directions
6

Barclay Roeder Mortgage Broker #1170412

Barclay Roeder Mortgage Broker #1170412 specializes in guiding clients through the home loan approval process with clear communication and responsiveness. The team offers mortgage brokerage services that many customers find straightforward and low-stress. Some clients note the process moves quickly, making it easier to navigate home buying.

Services & Prices
Home Loan Approval Quoted per loan
Refinancing Assistance Quoted per loan
View Profile
(907) 222-5560
Closed Now
3150 C St Ste. 150, Anchorage, AK 99503
General Services
Mortgage Services
7

Alliance Home Loans - Chris Thomas NMLS 1970848

Alliance Home Loans - Chris Thomas NMLS 1970848 specializes in guiding clients through mortgage financing with clear communication and steady support. The team assists with home loan applications and keeps borrowers informed at every step, helping reduce stress during the process. Customers appreciate their professionalism and responsiveness throughout.

Services & Prices
Purchase Mortgages Quoted per loan
Refinancing Quoted per loan
Pre-Approval Quoted per loan
View Profile
(907) 744-8006
Open 00:00 - 23:59
721 Depot Dr, Anchorage, AK 99501
General Services
Mortgage Services
8

Primary Residential Mortgage, Inc.

Known for clear communication and responsive support, Primary Residential Mortgage, Inc. helps buyers stay informed throughout the loan process. The team offers mortgage brokerage services with a focus on keeping clients updated and available for questions. Some customers note occasional wait times, but many appreciate the friendly, professional guidance.

View Profile
(907) 885-2855
Closed Now
400 W Tudor Rd Ste A-460, Anchorage, AK 99503
9

Raven Mortgage, LLC

Known for navigating complex mortgage situations, Raven Mortgage offers a range of loan programs including Conventional, FHA, VA, and Non-QM loans. Their team provides clear guidance and keeps clients informed, making the process approachable for first-time buyers and those with unique needs. Customers appreciate their responsiveness and thorough communication throughout each transaction.

Services & Prices
First-Time Homebuyer Assistance Quoted per loan
Home Purchase Loans Quoted per loan
Refinancing Options Quoted per loan
Market Analysis $200 - $400
View Profile
(907) 306-5777
Closed Now
11900 Industry Way Unit M-5, Anchorage, AK 99515
General Services
Mortgage Services
10

MF Lender

MF Lending specializes in personalized mortgage solutions tailored to the unique financial profiles of Alaskan homebuyers, including VA, FHA, USDA, Conventional, AHFC, and HUD 184 loans. The team is known for clear communication and thorough guidance throughout the lending process, though some may find the detailed approach requires patience.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(907) 229-4288
Open 7:00 AM - 8:00 PM
3150 C St Ste. 150, Anchorage, AK 99503
General Services
Mortgage Lending

Anchorage Mortgage Statistics

Home-purchase lending in Anchorage and home costs in Anchorage, AK (latest HMDA and Census data)

Lenders made 3,170 home-purchase loans in Anchorage in 2025 (average about $405,000) and denied 223 — 7% of decided applications, compared with 7% across Alaska, according to federal mortgage data (HMDA, CFPB). In Anchorage, the median home is worth $395,900 and 69% of owners have a mortgage, paying a median $2,400 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
3,170▲ 2%3,120 in 2024
Denial rate
7%AK 7%
Median home value
$395,900AK $352,900
Monthly cost with a mortgage
$2,400median · AK $2,229
Refinance loans made (Anchorage, 2025)
1,068 · 775 in 2024
Home-improvement loans made (2025)
292
Average home-purchase loan
$405,000 (AK $388,000)
Owners with a mortgage
69% · 28% of them spend 30%+ of income on housing
Median household income
$103,284 (AK $92,788)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Anchorage (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Anchorage Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 First Rate Financial Anchorage NMLS #184451 4.9 305 — (907) 222-5500 Visit
2 Mortgage Brokers of Alaska NMLS #1708957 4.9 96 Quoted per loan (907) 343-8898 Visit
3 PrimeLending, A PlainsCapital Company - Anchorage 4.9 94 Quoted per loan (907) 205-3400 Visit
4 Residential Mortgage 4.8 71 Quoted per loan (907) 222-8800 Visit
5 Ryan Groeneweg "Mr. Low Rates"- Mortgage Broker NMLS #1972095 5.0 65 — (907) 441-5999 Visit
6 Barclay Roeder Mortgage Broker #1170412 5.0 62 Quoted per loan (907) 222-5560 Visit
7 Alliance Home Loans - Chris Thomas NMLS 1970848 5.0 46 Quoted per loan (907) 744-8006 Visit
8 Primary Residential Mortgage, Inc. 5.0 33 — (907) 885-2855 Visit
9 Raven Mortgage, LLC 5.0 21 $200 (907) 306-5777 Visit
10 MF Lender 5.0 9 Quoted per loan (907) 229-4288 Visit

How this Anchorage mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Alaska rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.9% of the home's value a year, the Alaska average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator for Anchorage work?
It estimates how much house you can afford based on income, debts, down payment, interest rate, and first-time buyer status. It calculates maximum home price, mortgage amount, and monthly payments.
How accurate is the Anchorage mortgage affordability estimate?
The estimate uses general guidelines like a 31% housing cost cap and 43% total debt cap. Actual pre-approval requires lender verification of income, debts, and credit.
What is the minimum down payment for a home in Alaska?
Minimum down payments are 3% for conventional first-time buyer loans, 3.5% for FHA loans, and 0% for eligible VA and USDA loans.
How do interest rates affect mortgage affordability in Anchorage?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates start at 7.40% in this calculator, changing weekly.
How do debts impact how much mortgage I can qualify for in Alaska?
Lenders typically cap total debt payments at 43% of gross monthly income, affecting the mortgage amount you qualify for.
What is the property tax rate for homes in Alaska?
The property tax rate is about 0.9% of the home's value per year, based on the 2024 average for owner-occupied homes.
What is the difference between pre-approval and pre-qualification for a mortgage?
Pre-approval involves lender verification of income, debts, and credit, while pre-qualification is an initial estimate without detailed checks.
How does PMI affect mortgage costs in Anchorage?
For down payments under 20%, conventional loans add PMI, about 0.6% of the loan per year, removable once the balance is below 80% of the home's value.
What role does a mortgage broker play in Anchorage?
Mortgage brokers help find loan options and manage the application process but are not covered in this calculator.

General information, not financial advice — consult a qualified professional.