Better Mortgage · Hawaii · 2025

Better Mortgage in Hawaii: approval rate, denial rate and rates (2025)

Better Mortgage took 146 mortgage applications in Hawaii in 2025, ranking #40 of 321 lenders active in the state. It originated 24.7% of them and denied 34.3% (56.8% of the applications it decided), against a statewide denial rate of 21.8%.

146Applicationsin HI
56.8%Decision denial ratestate 27.3%
8.75%Median ratestate 6.15%
$185,000Median loanstate $405,000
$12MVolume4 counties

Better Mortgage in Hawaii vs the state

34.3%Denial rate+12.42 pts vs state
56.8%Decision denial rate+29.51 pts vs state
24.7%Origination rate-30.71 pts vs state
8.75%Median rate+2.60 pts vs state
1.41Rate spread (pts)+1.66 pts vs state
$200kMedian applicant income
36Loans originated
50Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317317.7%6.38%#115
2024391018.0%6.63%#90
20251463634.3%8.75%#40

What Better Mortgage lends in Hawaii

By loan purpose

Home purchase 22 15% · 18.2% denied
Refinance 4 3% · 0.0% denied
Cash-out refinance 16 11% · 37.5% denied
Home improvement 11 8% · 36.4% denied
Other / HELOC 93 64% · 38.7% denied

By loan type

Conventional 138 95% · 34.8% denied
FHA 8 5% · 25.0% denied

Why it denied Hawaii applicants

Debt-to-income ratio 15 30%
Incomplete application 11 22%
Credit history 9 18%
Unverifiable information 8 16%
Collateral 4 8%
Other 2 4%
Employment history 1 2%

Where in Hawaii

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 732026 35.6%
Hawaii County 3499 26.5%
Maui County 2458 33.3%
Kauai County 1527 46.7%

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: 146 applications in 2025, of which 36 were originated and 50 denied.

34.3% of all applications, or 56.8% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Better Mortgage originated in Hawaii in 2025 was 8.75%, against a statewide median of 6.15%.

About this data. Figures are Better Mortgage'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