HARD MONEY LOANS · Alaska (AK) Underwriting Matrix · Stephen R. Mannenbach, J.D., MBA

Alaska Hard Money Loans (Fast Asset-Based Acquisition & Bridge) — 2026 Rates, LTV Caps & State Rules

Alaska Hard Money Loans provide business-purpose real estate investors with Up to 85%–90% LTC / 75% ARV across loan amounts from $100,000 – $15,000,000+ at 9.25% – 11.50% Interest-Only (6, 12, 18 & 24 Months Interest-Only, 600 – 640+ FICO (Asset-Backed) min FICO, 5 – 10 Business Days close). In Alaska (AK), lenders underwrite to a Non-Judicial (Deed of Trust) statutory framework (90–110 days-day average timeline), a 1.19% average property tax rate (~$362/mo at the $365,000 state median), and $490/$100K hazard insurance (~$149/mo).

Max Leverage / LTC

Up to 85%–90% LTC / 75% ARV

Min FICO: 600 – 640+ FICO (Asset-Backed)

2026 Rate Band

9.25% – 11.50% Interest-Only

6, 12, 18 & 24 Months Interest-Only

AK Security Instrument

Non-Judicial (Deed of Trust)

90–110 days days avg timeline

AK Avg Tax & Ins

1.19% Tax

$490/$100K Hazard Ins