Carrington Mortgage Services · Hawaii · 2025

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

Carrington Mortgage Services took 182 mortgage applications in Hawaii in 2025, ranking #29 of 321 lenders active in the state. It originated 33.0% of them and denied 35.7% (42.2% of the applications it decided), against a statewide denial rate of 21.8%.

182Applicationsin HI
42.2%Decision denial ratestate 27.3%
6.50%Median ratestate 6.15%
$445,000Median loanstate $405,000
$37MVolume4 counties

Carrington Mortgage Services in Hawaii vs the state

35.7%Denial rate+13.88 pts vs state
42.2%Decision denial rate+14.90 pts vs state
33.0%Origination rate-22.40 pts vs state
6.50%Median rate+0.35 pts vs state
-0.09Rate spread (pts)+0.16 pts vs state
$121kMedian applicant income
60Loans originated
65Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231163151.7%6.13%#40
20241755135.4%6.63%#33
20251826035.7%6.50%#29

What Carrington Mortgage Services lends in Hawaii

By loan purpose

Home purchase 52 29% · 15.4% denied
Refinance 14 8% · 42.9% denied
Cash-out refinance 116 64% · 44.0% denied

By loan type

Conventional 102 56% · 37.3% denied
FHA 32 18% · 37.5% denied
VA 48 26% · 31.3% denied

Why it denied Hawaii applicants

Incomplete application 35 54%
Debt-to-income ratio 11 17%
Collateral 5 8%
Other 4 6%
Credit history 3 5%
Employment history 3 5%
Insufficient cash 2 3%
Unverifiable information 2 3%

Where in Hawaii

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 1163938 32.8%
Hawaii County 38916 42.1%
Maui County 251010 40.0%
Kauai County 321 33.3%

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: 182 applications in 2025, of which 60 were originated and 65 denied.

35.7% of all applications, or 42.2% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Carrington Mortgage Services originated in Hawaii in 2025 was 6.50%, against a statewide median of 6.15%.

About this data. Figures are Carrington Mortgage Services'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