First Hawaiian Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
50th24.2% deniedPricingmedian rate spread over APOR, weight 30%
83rd-0.79 ptsProcesswithdrawn + incomplete share, weight 15%
16th19.7%Closing coststotal loan costs ÷ loan amount, weight 10%
23rd4.28% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,755 | 1,593 | 20.7% | 25.6% | 5.63% | $639M |
| 2024 | 2,271 | 1,256 | 23.7% | 28.9% | 6.95% | $546M |
| 2025 | 2,742 | 1,588 | 19.4% | 24.2% | 5.87% | $622M |
What First Hawaiian Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 2,027 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 591 investment properties.
Why First Hawaiian Bank denies applications
Primary reason reported for each of the 532 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Hawaiian Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 168 | 44 | 64.5% |
| $50k – $100k | 586 | 290 | 33.4% |
| $100k – $150k | 606 | 376 | 21.6% |
| $150k – $250k | 675 | 419 | 18.9% |
| Over $250k | 642 | 432 | 9.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 188 | 100 | 15.3% |
| 35–44 | 469 | 262 | 23.0% |
| 45–54 | 569 | 306 | 26.7% |
| 55–64 | 639 | 390 | 22.5% |
| 65–74 | 503 | 303 | 26.8% |
| Over 74 | 331 | 192 | 26.9% |
Where First Hawaiian Bank lends
2 states and 5 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Hawaii | 2,740 | 1,586 | 19.4% | 5.87% | #2 |
Frequently asked questions
First Hawaiian Bank denied 24.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 50th percentile of home-equity (HELOC) lenders.
The most common reason First Hawaiian Bank gave in 2025 was "debt-to-income ratio", cited on 80.6% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First Hawaiian Bank originated in 2025 was 5.87%, and its median rate spread over the average prime offer rate was -0.79 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 22% of its applications were for home purchases, 37% for refinancing (including cash-out), and 41% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.