Discover Bank · Hawaii · 2025

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

Discover Bank took 177 mortgage applications in Hawaii in 2025, ranking #32 of 321 lenders active in the state. It originated 7.3% of them and denied 63.3% (88.9% of the applications it decided), against a statewide denial rate of 21.8%.

177Applicationsin HI
88.9%Decision denial ratestate 27.3%
8.95%Median ratestate 6.15%
$95,000Median loanstate $405,000
$1.3MVolume4 counties

Discover Bank in Hawaii vs the state

63.3%Denial rate+41.45 pts vs state
88.9%Decision denial rate+61.58 pts vs state
7.3%Origination rate-48.03 pts vs state
8.95%Median rate+2.80 pts vs state
2.58Rate spread (pts)+2.83 pts vs state
$120kMedian applicant income
13Loans originated
112Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235554550.6%8.49%#12
20246325156.7%8.49%#13
20251771363.3%8.95%#32

What Discover Bank lends in Hawaii

By loan purpose

Home purchase 18 10% · 50.0% denied
Refinance 25 14% · 64.0% denied
Home improvement 39 22% · 59.0% denied
Other / HELOC 95 54% · 67.4% denied

By loan type

Conventional 177 100% · 63.3% denied

Why it denied Hawaii applicants

Credit history 38 34%
Incomplete application 21 19%
Debt-to-income ratio 20 18%
Collateral 17 15%
Other 15 13%
Unverifiable information 1 1%

Where in Hawaii

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 105861 58.1%
Hawaii County 41429 70.7%
Maui County 26118 69.2%
Kauai County 504 80.0%

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: 177 applications in 2025, of which 13 were originated and 112 denied.

63.3% of all applications, or 88.9% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Discover Bank originated in Hawaii in 2025 was 8.95%, against a statewide median of 6.15%.

About this data. Figures are Discover 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