Central Pacific Bank · Hawaii · 2025

Central Pacific Bank in Hawaii: approval rate, denial rate and rates (2025)

Central Pacific Bank took 1,519 mortgage applications in Hawaii in 2025, ranking #7 of 321 lenders active in the state. It originated 47.4% of them and denied 33.6% (40.8% of the applications it decided), against a statewide denial rate of 21.8%.

1.5kApplicationsin HI
40.8%Decision denial ratestate 27.3%
6.13%Median ratestate 6.15%
$355,000Median loanstate $405,000
$318MVolume4 counties

Central Pacific Bank in Hawaii vs the state

33.6%Denial rate+11.74 pts vs state
40.8%Decision denial rate+13.46 pts vs state
47.4%Origination rate-7.97 pts vs state
6.13%Median rate-0.03 pts vs state
-0.56Rate spread (pts)-0.31 pts vs state
$146kMedian applicant income
720Loans originated
510Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,28762835.4%5.88%#7
20241,06848735.5%6.95%#9
20251,51972033.6%6.13%#7

What Central Pacific Bank lends in Hawaii

By loan purpose

Home purchase 607 40% · 16.6% denied
Refinance 429 28% · 34.5% denied
Cash-out refinance 23 2% · 21.7% denied
Home improvement 225 15% · 53.3% denied
Other / HELOC 235 15% · 57.9% denied

By loan type

Conventional 1,483 98% · 34.0% denied
FHA 28 2% · 17.9% denied
VA 8 1% · 12.5% denied

Why it denied Hawaii applicants

Debt-to-income ratio 300 59%
Credit history 110 22%
Collateral 83 16%
Other 6 1%
Employment history 5 1%
Insufficient cash 4 1%
Unverifiable information 1 0%
Incomplete application 1 0%

Where in Hawaii

Counties with the most Central Pacific Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 1,127576350 31.1%
Hawaii County 1837479 43.2%
Maui County 1575358 36.9%
Kauai County 521723 44.2%

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%
Hawaii State Federal Credit UnionC 1,41830.0%5.90%
Navy Federal Credit UnionD 98530.2%8.10%
Freedom MortgageB 92410.8%5.75%
NewrezD 89116.5%6.25%

Frequently asked questions

Hawaii: 1,519 applications in 2025, of which 720 were originated and 510 denied.

33.6% of all applications, or 40.8% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Central Pacific Bank originated in Hawaii in 2025 was 6.13%, against a statewide median of 6.15%.

About this data. Figures are Central Pacific Bank'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