Alaska (AK)

» Lending Criteria & State Information

Hard Money in Alaska (AK)

Loans Offered

Loans offered in Alaska include all of Avatar's standard hard money & bridge loan programs. Our minimum loan size of $500,000 applies, although higher value loans are preferred, especially in more remote regions. Maximum Loan-to-Value required is 65%.

Apply for a Loan in Alaska

State Information

Alaska was second only to Hawaii in becoming a US State in 1959. Alaska is the US' largest state in terms of land area, but the liveable regions of the state are limited by massive glaciers, ice fields & protected wilderness habitats.

Alaska's massive natural resources are managed by a government organization through the Alaska Permanent Fun which invests a portion of the revenues from resources such as oil, timber & mining back into Alaskan public works.

Alaska's economy centers around the extraction of natural resources, including the Trans-Alaska pipeline, which provides almost 10% of the petroleum consumed in the United States. Freighters, tankers & planes provide much of Alaska's transportation, although road systems connect to the Canadian highways, allowing vehicle access from the lower 48 states.

Major Cities

  • Anchorage
  • Fairbanks
  • Nome
  • Barrow
  • Juneau

Online Resources

Official Website of the Alaskan Government
Alaska's Commercial Property Website
Alaska's Tourism Website
Alaska's Business Monthly

Population

648818

Land Area

571951

Persons per Square Mile

1

New Housing 2003

3003

Total Housing Units

265377

All Census information is taken from the US Census website - listed in the online resources section.