Skip to content
UNITEDLENDING

Investment property loans · AK

Hard money, fix and flip and DSCR loans in Alaska

Alaska investors buy in Anchorage, the state's most populous city, and in Fairbanks, home to the University of Alaska Fairbanks and Fort Wainwright, with Eielson Air Force Base nearby. Heating and local taxes go into the numbers.

Get my termsCompare loans
  • No credit pull to start
  • About a minute
  • A loan officer calls you

Markets

Where we lend in Alaska

Cities we lend in include Anchorage and Fairbanks, and the towns around them.
AnchorageHouses and small multifamily across the Municipality of Anchorage, from Spenard and Fairview to Eagle River.
Mat-Su BoroughWasilla, the borough's largest city, and Palmer, its seat, north of Anchorage and part of the Anchorage metro area.
Fairbanks and North PoleRentals near the University of Alaska Fairbanks, Fort Wainwright and Eielson Air Force Base.

Alaska

Loans by city in Alaska

Each city has its own page: the neighborhoods investors buy in, the housing and the local rules worth checking before an offer.

Loan programs

Loans for Alaska real estate investors

Pick the loan that fits the deal: short-term money to buy, renovate or build, or a long-term loan to hold the property. Published limits are subject to appraisal and underwriting.
Long-term

DSCR rental loans in Alaska

30-year loans for Alaska rentals of 1–4 units, fixed or adjustable, qualified on the rent with no personal income verification: up to 85% of the price on a purchase, with loans from $75,000.

Purchase LTV up to85%
Term30 years
Income docsNot required
Loans from$75K

Subject to appraisal and underwriting.

DSCR loans: terms and requirements
Short-term

Fix and flip loans in Alaska

Buy and renovate in Alaska with up to 95% of the price and 100% of the rehab budget, on a 12–18 months interest-only loan with no prepayment penalty when the house sells.

Purchase price up to95%
Rehab funded up to100%
Term12–18 months
Prepayment penaltyNone

Subject to appraisal and underwriting.

Fix and flip loans: terms and requirements
Short-term

Bridge loans in Alaska

Close quickly on a Alaska property with up to 95% of the cost financed and a 12–18 months interest-only term, then sell it or refinance onto a long-term loan. No prepayment penalty.

Leverage up to95% LTC
Term12–18 months
PaymentsInterest only
Prepayment penaltyNone

Subject to appraisal and underwriting.

Bridge loans: terms and requirements
Short-term

Ground-up construction loans in Alaska

Financing for new builds in Alaska, from spec homes built to sell to rentals built to hold. Every project is quoted on its plans, budget and builder.

Quoted on your deal.

Construction loans: get a quote
Long-term

Multifamily and commercial loans in Alaska

Financing for Alaska apartment buildings of five units or more, mixed-use and commercial property, quoted on the building's income.

Quoted on your deal.

Multifamily and commercial: get a quote

Good to know

Before you buy in Alaska

Local things that change a deal's numbers or its closing date. Check them before you make an offer.
  • In Alaska, the security deposit and prepaid rent together can't be more than two months' rent, unless the rent is over $2,000 a month; a pet deposit of up to one more month is allowed. Return or account for the deposit within 14 days of move-out, or 30 days if you deduct for damage or the tenant left without proper notice.
  • Alaska's landlord-tenant law sets no cap on rent increases: without a lease, a landlord can raise rent by any amount, but a month-to-month tenancy needs at least 30 days' notice before the new rent takes effect. Plan any increase on a DSCR refinance around that notice.

Get your terms

Have a Alaska property in mind?

Contact details first, then single-tap answers on the property, the amount and when you need to close. A loan officer phones you back with terms.
  • About a minute to fill in
  • No credit pull to start
  • A loan officer calls you back
  • Investment property only

Rather talk now? (718) 704-0499

Step 1 · About a minute in allNo credit pull

Your contact details

By pressing “Get my terms”, I agree that United Lending may contact me about this inquiry, and I accept the Terms of Use and Privacy Policy.

United Lending LLC offers business-purpose financing secured by non-owner-occupied investment real estate. We do not offer loans for personal, family or household purposes, or loans on owner-occupied primary residences.

Questions

Loans in Alaska: common questions

Do you offer hard money loans in Alaska?

Yes. United Lending LLC offers private real estate financing for investors in Alaska: short-term fix and flip and bridge loans sized on the deal, 30-year DSCR loans sized on the rent, and construction and multifamily financing quoted per deal. We're headquartered in Brooklyn, New York, and lend nationwide.

Do you lend in Alaska?

Yes. United Lending LLC offers business-purpose financing on investment property across Alaska, including Anchorage and Fairbanks. Tell us the property's address on the form and a loan officer will confirm the details on the first call.

Which loans can I get for a Alaska property?

Fix and flip loans of up to 95% of the price and 100% of the rehab budget, and bridge loans up to 95% loan-to-cost, both on 12–18 months interest-only terms. DSCR rental loans are 30-year loans on 1–4 unit rentals, fixed or adjustable, up to 85% loan-to-value on a purchase and 80% on a cash-out refinance; those are separate limits, not one combined offer. Construction and multifamily loans are quoted per deal. All limits are subject to appraisal and underwriting, and every loan is for property you invest in, not a house you or a relative will occupy.

Is there a prepayment penalty on a Alaska loan?

There's no prepayment penalty on fix and flip or bridge loans. DSCR rental loans come with a choice of prepayment terms, from none up to five years, set out in your written terms before you commit.

Do I need to live in Alaska or have an LLC there?

No. Many of our borrowers invest outside the state they live in. You can borrow in your own name or through an LLC; if the LLC was formed in another state, your loan officer will tell you what's needed before closing.

Where we lend

More states with local pages