Finance Factors · Hawaii · 2025

Finance Factors in Hawaii: approval rate, denial rate and rates (2025)

Finance Factors took 83 mortgage applications in Hawaii in 2025, ranking #68 of 321 lenders active in the state. It originated 57.8% of them and denied 12.1% (17.0% of the applications it decided), against a statewide denial rate of 21.8%.

83Applicationsin HI
17.0%Decision denial ratestate 27.3%
Median ratestate 6.15%
$705,000Median loanstate $405,000
$44MVolume4 counties

Finance Factors in Hawaii vs the state

12.1%Denial rate-9.78 pts vs state
17.0%Decision denial rate-10.36 pts vs state
57.8%Origination rate+2.46 pts vs state
Median rate
Rate spread (pts)
$190kMedian applicant income
48Loans originated
10Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231547618.8%#34
2024865114.0%#56
2025834812.1%#68

What Finance Factors lends in Hawaii

By loan purpose

Home purchase 60 72% · 13.3% denied
Refinance 5 6% · 0.0% denied
Cash-out refinance 7 8% · 14.3% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 10 12% · 10.0% denied

By loan type

Conventional 83 100% · 12.1% denied

Where in Hawaii

Counties with the most Finance Factors applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 47314 8.5%
Hawaii County 2495 20.8%
Maui County 1071 10.0%
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: 83 applications in 2025, of which 48 were originated and 10 denied.

12.1% of all applications, or 17.0% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Finance Factors'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