Commerce Home Mortgage in Hawaii vs the state
7.8%Denial rate-14.08 pts vs state
11.2%Decision denial rate-16.09 pts vs state
61.3%Origination rate+5.90 pts vs state
7.38%Median rate+1.22 pts vs state
0.96Rate spread (pts)+1.21 pts vs state
$320kMedian applicant income
87Loans originated
11Denied
Trend in Hawaii
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 117 | 62 | 12.8% | 8.70% | #39 |
| 2024 | 49 | 33 | 12.2% | 7.50% | #82 |
| 2025 | 142 | 87 | 7.8% | 7.38% | #42 |
What Commerce Home Mortgage lends in Hawaii
By loan purpose
By loan type
Why it denied Hawaii applicants
Where in Hawaii
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Honolulu County | 84 | 48 | 9 | 10.7% |
| Hawaii County | 29 | 20 | 1 | 3.4% |
| Kauai County | 15 | 7 | 1 | 6.7% |
| Maui County | 14 | 12 | 0 | 0.0% |
Other large lenders in Hawaii
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bank of Hawaii | C | 3,679 | 27.8% | 6.00% |
| First Hawaiian Bank | B | 2,740 | 19.4% | 5.87% |
| American Savings Bank | C | 2,479 | 34.5% | 5.65% |
| Hawaiiusa Federal Credit Union | C | 1,833 | 38.1% | 5.65% |
| United Shore Financial Services | B | 1,710 | 11.1% | 6.13% |
| Rocket Mortgage | C | 1,637 | 22.4% | 6.63% |
| Central Pacific Bank | C | 1,519 | 33.6% | 6.13% |
| Hawaii State Federal Credit Union | C | 1,418 | 30.0% | 5.90% |
| Navy Federal Credit Union | D | 985 | 30.2% | 8.10% |
| Freedom Mortgage | B | 924 | 10.8% | 5.75% |
Frequently asked questions
Hawaii: 142 applications in 2025, of which 87 were originated and 11 denied.
7.8% of all applications, or 11.2% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.
The median rate on loans Commerce Home Mortgage originated in Hawaii in 2025 was 7.38%, against a statewide median of 6.15%.
About this data. Figures are Commerce Home 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