First Hawaiian Bank · Hawaii · 2025

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

First Hawaiian Bank took 2,740 mortgage applications in Hawaii in 2025, ranking #2 of 321 lenders active in the state. It originated 57.9% of them and denied 19.4% (24.2% of the applications it decided), against a statewide denial rate of 21.8%.

2.7kApplicationsin HI
24.2%Decision denial ratestate 27.3%
5.87%Median ratestate 6.15%
$305,000Median loanstate $405,000
$611MVolume4 counties

First Hawaiian Bank in Hawaii vs the state

19.4%Denial rate-2.41 pts vs state
24.2%Decision denial rate-3.13 pts vs state
57.9%Origination rate+2.51 pts vs state
5.87%Median rate-0.28 pts vs state
-0.79Rate spread (pts)-0.54 pts vs state
$147kMedian applicant income
1,586Loans originated
532Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,7521,59220.7%5.63%#2
20242,2711,25623.7%6.95%#2
20252,7401,58619.4%5.87%#2

What First Hawaiian Bank lends in Hawaii

By loan purpose

Home purchase 594 22% · 6.4% denied
Refinance 969 35% · 21.4% denied
Cash-out refinance 48 2% · 10.4% denied
Home improvement 441 16% · 22.2% denied
Other / HELOC 688 25% · 26.7% denied

By loan type

Conventional 2,734 100% · 19.5% denied
VA 5 0% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Hawaii applicants

Debt-to-income ratio 429 81%
Collateral 59 11%
Credit history 38 7%
Other 3 1%
Insufficient cash 2 0%
Unverifiable information 1 0%

Where in Hawaii

Counties with the most First Hawaiian Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 1,8501,097350 18.9%
Hawaii County 37520490 24.0%
Maui County 29117151 17.5%
Kauai County 22411441 18.3%

Other large lenders in Hawaii

LenderGradeApplicationsDenial rateMedian rate
Bank of HawaiiC 3,67927.8%6.00%
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%
NewrezD 89116.5%6.25%

Frequently asked questions

Hawaii: 2,740 applications in 2025, of which 1,586 were originated and 532 denied.

19.4% of all applications, or 24.2% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans First Hawaiian Bank originated in Hawaii in 2025 was 5.87%, against a statewide median of 6.15%.

About this data. Figures are First Hawaiian 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