Mortgage Information

If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.

There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.

Here is a helpful link for 1st Time Homes Buyers in the State of Alaska

 that give you $250 off of your closing costs


When you are looking for a local Fairbanks area lender, may we suggest some of our Great Local Lenders


Nicole Monroe

Mortgage Loan Officer

Mortgage License #AK-198059


Residential Mortgage, LLC Fairbanks

505 Old Steese Hwy. Suite 117

Fairbanks, AK 99701


(907) 452-8806  - Direct

(907) 452-8800 -  Main Office

(907) 452-8822 -  Fax

Residential Mortgage License # AK-167729


Lara Locke

NMLS #716651
Mortgage Loan Originator III
First National Bank Alaska
Fairbanks Johansen Branch
Office - (907) 450-7305
Fax - (907) 450-7313


Jason Witt

NMLS #257625

AVP, Mortgage Lending

Mt. McKinley Bank

(907) 451-4635



Use the mortgage calculators below to assist you in making some decisions around financing your new home.

Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.

Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.