Bank of America · Hawaii · 2025

Bank of America in Hawaii: approval rate, denial rate and rates (2025)

Bank of America took 151 mortgage applications in Hawaii in 2025, ranking #37 of 321 lenders active in the state. It originated 35.8% of them and denied 33.8% (47.7% of the applications it decided), against a statewide denial rate of 21.8%.

151Applicationsin HI
47.7%Decision denial ratestate 27.3%
5.99%Median ratestate 6.15%
$315,000Median loanstate $405,000
$70MVolume4 counties

Bank of America in Hawaii vs the state

33.8%Denial rate+11.94 pts vs state
47.7%Decision denial rate+20.35 pts vs state
35.8%Origination rate-19.61 pts vs state
5.99%Median rate-0.16 pts vs state
-0.05Rate spread (pts)+0.20 pts vs state
$187kMedian applicant income
54Loans originated
51Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232374965.0%6.74%#26
20241955244.6%5.88%#29
20251515433.8%5.99%#37

What Bank of America lends in Hawaii

By loan purpose

Home purchase 52 34% · 30.8% denied
Refinance 29 19% · 17.2% denied
Cash-out refinance 5 3% · 40.0% denied
Home improvement 33 22% · 39.4% denied
Other / HELOC 32 21% · 46.9% denied

By loan type

Conventional 151 100% · 33.8% denied

Why it denied Hawaii applicants

Debt-to-income ratio 19 37%
Collateral 13 25%
Credit history 12 24%
Other 3 6%
Unverifiable information 3 6%
Insufficient cash 1 2%

Where in Hawaii

Counties with the most Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 812826 32.1%
Hawaii County 341111 32.4%
Maui County 24138 33.3%
Kauai County 1226 50.0%

Other large lenders in Hawaii

LenderGradeApplicationsDenial rateMedian rate
Bank of HawaiiC 3,67927.8%6.00%
First Hawaiian BankB 2,74019.4%5.87%
American Savings BankC 2,47934.5%5.65%
Hawaiiusa Federal Credit UnionC 1,83338.1%5.65%
United Shore Financial ServicesB 1,71011.1%6.13%
Rocket MortgageC 1,63722.4%6.63%
Central Pacific BankC 1,51933.6%6.13%
Hawaii State Federal Credit UnionC 1,41830.0%5.90%
Navy Federal Credit UnionD 98530.2%8.10%
Freedom MortgageB 92410.8%5.75%

Frequently asked questions

Hawaii: 151 applications in 2025, of which 54 were originated and 51 denied.

33.8% of all applications, or 47.7% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Bank of America originated in Hawaii in 2025 was 5.99%, against a statewide median of 6.15%.

About this data. Figures are Bank of America's own HMDA filing for properties located in Hawaii, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology