Canopy Mortgage · Hawaii · 2025

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

Canopy Mortgage took 137 mortgage applications in Hawaii in 2025, ranking #44 of 321 lenders active in the state. It originated 52.6% of them and denied 1.5% (2.7% of the applications it decided), against a statewide denial rate of 21.8%.

137Applicationsin HI
2.7%Decision denial ratestate 27.3%
6.63%Median ratestate 6.15%
$455,000Median loanstate $405,000
$47MVolume4 counties

Canopy Mortgage in Hawaii vs the state

1.5%Denial rate-20.37 pts vs state
2.7%Decision denial rate-24.64 pts vs state
52.6%Origination rate-2.82 pts vs state
6.63%Median rate+0.47 pts vs state
0.14Rate spread (pts)+0.38 pts vs state
$132kMedian applicant income
72Loans originated
2Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
202324110.0%7.25%#97
2024114693.5%6.63%#46
2025137721.5%6.63%#44

What Canopy Mortgage lends in Hawaii

By loan purpose

Home purchase 89 65% · 1.1% denied
Refinance 25 18% · 0.0% denied
Cash-out refinance 23 17% · 4.4% denied

By loan type

Conventional 71 52% · 1.4% denied
FHA 14 10% · 0.0% denied
VA 49 36% · 0.0% denied
USDA / RHS 3 2% · 33.3% denied

Why it denied Hawaii applicants

Other 1 50%
Credit history 1 50%

Where in Hawaii

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 91510 0.0%
Hawaii County 35162 5.7%
Maui County 530 0.0%
Kauai County 210 0.0%

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: 137 applications in 2025, of which 72 were originated and 2 denied.

1.5% of all applications, or 2.7% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Canopy Mortgage originated in Hawaii in 2025 was 6.63%, against a statewide median of 6.15%.

About this data. Figures are Canopy 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