Mortgage lender · Pearl City, HI · LEI 549300DSPT6YGS1ZLR56

Hickam Federal Credit Union review: approval odds, rates and grade (2025)

Hickam Federal Credit Union earns a B, better than most home-equity (HELOC) lenders. It turned down 32.4% of the applications it decided on in 2025, which ranks in the 28th percentile for approval odds. Its median loan was priced 0.79 points below the average prime offer rate, ranking in the 83rd percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

181Applications2025
65.8%Originatedof applications
32.4%Decision denial ratenational 22.6%
7.68%Median ratenational 6.63%
$20MLoan volume2 states

Hickam Federal Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

31.5%Denial rate (all applications)+13.51 pts vs national
32.4%Denial rate (decided applications)+9.80 pts vs national
65.8%Origination rate+7.72 pts vs national
2.8%Withdrawn by applicant
0.0%Closed for incompleteness
7.68%Median interest rate+1.05 pts vs national
-0.79Median rate spread (pts over APOR)-1.04 pts vs national
$145,000Median loan amount
$2,134Median total loan costs
$180kMedian applicant income
82%Median loan-to-value
0High-cost (HOEPA) loans

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%

28th32.4% denied

Pricingmedian rate spread over APOR, weight 30%

83rd-0.79 pts

Processwithdrawn + incomplete share, weight 15%

93rd2.8%

Closing coststotal loan costs ÷ loan amount, weight 10%

86th1.47% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202363137621.4%26.4%4.21%$73M
202425611030.9%41.8%8.63%$19M
202518111931.5%32.4%7.68%$20M

What Hickam Federal Credit Union 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

Home purchase 14 8% · 42.9% denied
Refinance 7 4% · 42.9% denied
Cash-out refinance 29 16% · 20.7% denied
Home improvement 54 30% · 25.9% denied
Other / HELOC 77 43% · 36.4% denied

By loan type

Conventional 181 100% · 31.5% denied

Also: 120 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 10 investment properties.

Why Hickam Federal Credit Union denies applications

Primary reason reported for each of the 57 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 38 67%
Other 9 16%
Credit history 7 12%
Collateral 3 5%

How these reasons compare nationally →

Who gets approved at Hickam Federal Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k20955.0%
$100k – $150k362238.9%
$150k – $250k745426.0%
Over $250k443222.0%
Applicant ageApplicationsOriginatedDecision denial rate
35–44563144.6%
45–54472937.0%
55–64322422.6%
65–74211719.1%

Where Hickam Federal Credit Union lends

2 states and 3 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Hawaii18011931.1%7.68%#30

Frequently asked questions

Hickam Federal Credit Union denied 32.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 28th percentile of home-equity (HELOC) lenders.

The most common reason Hickam Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 66.7% 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 Hickam Federal Credit Union originated in 2025 was 7.68%, 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, 8% of its applications were for home purchases, 20% for refinancing (including cash-out), and 72% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Hickam Federal Credit Union. Data sources · Methodology