Bank of Hawaii at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
21st33.7% deniedPricingmedian rate spread over APOR, weight 30%
80th-0.59 ptsProcesswithdrawn + incomplete share, weight 15%
24th17.5%Closing coststotal loan costs ÷ loan amount, weight 10%
28th4.03% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 3,451 | 1,808 | 32.6% | 37.5% | 5.63% | $1.0B |
| 2024 | 2,715 | 1,212 | 36.6% | 44.1% | 6.99% | $649M |
| 2025 | 3,680 | 1,974 | 27.8% | 33.7% | 6.00% | $1.2B |
What Bank of Hawaii lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 2,318 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 601 investment properties.
Why Bank of Hawaii denies applications
Primary reason reported for each of the 1,022 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bank of Hawaii
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 152 | 33 | 74.8% |
| $50k – $100k | 636 | 263 | 49.7% |
| $100k – $150k | 805 | 422 | 36.2% |
| $150k – $250k | 1,012 | 605 | 26.8% |
| Over $250k | 973 | 590 | 21.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 38 | 33 | 2.9% |
| 25–34 | 367 | 229 | 20.9% |
| 35–44 | 790 | 430 | 31.9% |
| 45–54 | 857 | 470 | 33.4% |
| 55–64 | 774 | 396 | 36.2% |
| 65–74 | 538 | 246 | 43.0% |
| Over 74 | 297 | 153 | 37.6% |
Where Bank of Hawaii lends
2 states and 5 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Hawaii | 3,679 | 1,973 | 27.8% | 6.00% | #1 |
Frequently asked questions
Bank of Hawaii denied 33.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 21st percentile of home-equity (HELOC) lenders.
The most common reason Bank of Hawaii gave in 2025 was "debt-to-income ratio", cited on 41.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Bank of Hawaii originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was -0.59 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 32% of its applications were for home purchases, 27% for refinancing (including cash-out), and 42% for home improvement or other purposes. By loan type: 99% conventional, 1% FHA, 1% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.