Hawaii State Federal Credit Union · Hawaii · 2025

Hawaii State Federal Credit Union in Hawaii: approval rate, denial rate and rates (2025)

Hawaii State Federal Credit Union took 1,418 mortgage applications in Hawaii in 2025, ranking #8 of 321 lenders active in the state. It originated 59.7% of them and denied 30.0% (33.1% of the applications it decided), against a statewide denial rate of 21.8%.

1.4kApplicationsin HI
33.1%Decision denial ratestate 27.3%
5.90%Median ratestate 6.15%
$205,000Median loanstate $405,000
$256MVolume4 counties

Hawaii State Federal Credit Union in Hawaii vs the state

30.0%Denial rate+8.14 pts vs state
33.1%Decision denial rate+5.79 pts vs state
59.7%Origination rate+4.36 pts vs state
5.90%Median rate-0.25 pts vs state
-0.89Rate spread (pts)-0.64 pts vs state
$145kMedian applicant income
847Loans originated
425Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,30478430.3%5.99%#6
20241,08465927.6%7.13%#7
20251,41884730.0%5.90%#8

What Hawaii State Federal Credit Union lends in Hawaii

By loan purpose

Home purchase 205 14% · 10.7% denied
Refinance 344 24% · 30.2% denied
Cash-out refinance 5 0% · 40.0% denied
Home improvement 579 41% · 28.3% denied
Other / HELOC 285 20% · 46.7% denied

By loan type

Conventional 1,418 100% · 30.0% denied

Why it denied Hawaii applicants

Debt-to-income ratio 215 51%
Collateral 94 22%
Other 57 13%
Credit history 47 11%
Incomplete application 7 2%
Unverifiable information 5 1%

Where in Hawaii

Counties with the most Hawaii State Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 1,197713361 30.2%
Maui County 16910452 30.8%
Hawaii County 28157 25.0%
Kauai County 24155 20.8%

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%
Navy Federal Credit UnionD 98530.2%8.10%
Freedom MortgageB 92410.8%5.75%
NewrezD 89116.5%6.25%

Frequently asked questions

Hawaii: 1,418 applications in 2025, of which 847 were originated and 425 denied.

30.0% of all applications, or 33.1% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Hawaii State Federal Credit Union originated in Hawaii in 2025 was 5.90%, against a statewide median of 6.15%.

About this data. Figures are Hawaii State Federal Credit Union'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