Flagstar Bank · Hawaii · 2025

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

Flagstar Bank took 28 mortgage applications in Hawaii in 2025, ranking #118 of 321 lenders active in the state. It originated 32.1% of them and denied 39.3% (55.0% of the applications it decided), against a statewide denial rate of 21.8%.

28Applicationsin HI
55.0%Decision denial ratestate 27.3%
5.88%Median ratestate 6.15%
$625,000Median loanstate $405,000
$11MVolume4 counties

Flagstar Bank in Hawaii vs the state

39.3%Denial rate+17.46 pts vs state
55.0%Decision denial rate+27.69 pts vs state
32.1%Origination rate-23.23 pts vs state
5.88%Median rate-0.28 pts vs state
-0.46Rate spread (pts)-0.21 pts vs state
$158kMedian applicant income
9Loans originated
11Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023863326.7%7.50%#50
2024813532.1%6.88%#60
202528939.3%5.88%#118

What Flagstar Bank lends in Hawaii

By loan purpose

Home purchase 18 64% · 50.0% denied
Refinance 1 4% · 100.0% denied
Cash-out refinance 8 29% · 0.0% denied
Other / HELOC 1 4% · 100.0% denied

By loan type

Conventional 16 57% · 25.0% denied
FHA 1 4% · 0.0% denied
VA 8 29% · 62.5% denied
USDA / RHS 3 11% · 66.7% denied

Why it denied Hawaii applicants

Debt-to-income ratio 5 45%
Other 4 36%
Collateral 1 9%
Incomplete application 1 9%

Where in Hawaii

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 1958 42.1%
Hawaii County 532 40.0%
Maui County 310 0.0%
Kauai County 101 100.0%

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: 28 applications in 2025, of which 9 were originated and 11 denied.

39.3% of all applications, or 55.0% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Flagstar Bank originated in Hawaii in 2025 was 5.88%, against a statewide median of 6.15%.

About this data. Figures are Flagstar 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