Manufacturers and Traders Trust · Hawaii · 2025

Manufacturers and Traders Trust in Hawaii: approval rate, denial rate and rates (2025)

Manufacturers and Traders Trust took 51 mortgage applications in Hawaii in 2025, ranking #88 of 321 lenders active in the state. It originated 78.4% of them and denied 5.9% (7.0% of the applications it decided), against a statewide denial rate of 21.8%.

51Applicationsin HI
7.0%Decision denial ratestate 27.3%
2.75%Median ratestate 6.15%
$705,000Median loanstate $405,000
$30MVolume3 counties

Manufacturers and Traders Trust in Hawaii vs the state

5.9%Denial rate-15.95 pts vs state
7.0%Decision denial rate-20.33 pts vs state
78.4%Origination rate+23.06 pts vs state
2.75%Median rate-3.40 pts vs state
0.00Rate spread (pts)+0.25 pts vs state
$157kMedian applicant income
40Loans originated
3Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023660.0%2.91%#154
2024161037.5%2.81%#131
202551405.9%2.75%#88

What Manufacturers and Traders Trust lends in Hawaii

By loan purpose

Home purchase 47 92% · 6.4% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 2 4% · 0.0% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 3 6% · 0.0% denied
VA 47 92% · 4.3% denied
USDA / RHS 1 2% · 100.0% denied

Why it denied Hawaii applicants

Debt-to-income ratio 3 100%

Where in Hawaii

Counties with the most Manufacturers and Traders Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 46373 6.5%
Hawaii County 430 0.0%
Maui County 100 0.0%

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: 51 applications in 2025, of which 40 were originated and 3 denied.

5.9% of all applications, or 7.0% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Manufacturers and Traders Trust originated in Hawaii in 2025 was 2.75%, against a statewide median of 6.15%.

About this data. Figures are Manufacturers and Traders Trust'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