Mortgage Research Center in Hawaii vs the state
14.7%Denial rate-7.15 pts vs state
21.6%Decision denial rate-5.75 pts vs state
53.0%Origination rate-2.42 pts vs state
6.13%Median rate-0.03 pts vs state
-0.43Rate spread (pts)-0.18 pts vs state
$128kMedian applicant income
368Loans originated
102Denied
Trend in Hawaii
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 429 | 241 | 13.5% | 6.13% | #15 |
| 2024 | 564 | 292 | 16.1% | 6.13% | #15 |
| 2025 | 695 | 368 | 14.7% | 6.13% | #14 |
What Mortgage Research Center lends in Hawaii
By loan purpose
By loan type
Why it denied Hawaii applicants
Where in Hawaii
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Honolulu County | 505 | 274 | 66 | 13.1% |
| Hawaii County | 134 | 74 | 18 | 13.4% |
| Maui County | 42 | 15 | 15 | 35.7% |
| Kauai County | 14 | 5 | 3 | 21.4% |
Other large lenders in Hawaii
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bank of Hawaii | C | 3,679 | 27.8% | 6.00% |
| First Hawaiian Bank | B | 2,740 | 19.4% | 5.87% |
| American Savings Bank | C | 2,479 | 34.5% | 5.65% |
| Hawaiiusa Federal Credit Union | C | 1,833 | 38.1% | 5.65% |
| United Shore Financial Services | B | 1,710 | 11.1% | 6.13% |
| Rocket Mortgage | C | 1,637 | 22.4% | 6.63% |
| Central Pacific Bank | C | 1,519 | 33.6% | 6.13% |
| Hawaii State Federal Credit Union | C | 1,418 | 30.0% | 5.90% |
| Navy Federal Credit Union | D | 985 | 30.2% | 8.10% |
| Freedom Mortgage | B | 924 | 10.8% | 5.75% |
Frequently asked questions
Hawaii: 695 applications in 2025, of which 368 were originated and 102 denied.
14.7% of all applications, or 21.6% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.
The median rate on loans Mortgage Research Center originated in Hawaii in 2025 was 6.13%, against a statewide median of 6.15%.
About this data. Figures are Mortgage Research Center'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