Navy Federal Credit Union · Hawaii · 2025

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

Navy Federal Credit Union took 985 mortgage applications in Hawaii in 2025, ranking #9 of 321 lenders active in the state. It originated 33.1% of them and denied 30.2% (47.3% of the applications it decided), against a statewide denial rate of 21.8%.

985Applicationsin HI
47.3%Decision denial ratestate 27.3%
8.10%Median ratestate 6.15%
$205,000Median loanstate $405,000
$105MVolume4 counties

Navy Federal Credit Union in Hawaii vs the state

30.2%Denial rate+8.32 pts vs state
47.3%Decision denial rate+19.98 pts vs state
33.1%Origination rate-22.27 pts vs state
8.10%Median rate+1.95 pts vs state
1.00Rate spread (pts)+1.25 pts vs state
$153kMedian applicant income
326Loans originated
297Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
202397531035.4%7.75%#9
20241,01934029.8%8.60%#10
202598532630.2%8.10%#9

What Navy Federal Credit Union lends in Hawaii

By loan purpose

Home purchase 220 22% · 15.5% denied
Refinance 56 6% · 19.6% denied
Cash-out refinance 115 12% · 23.5% denied
Home improvement 279 28% · 36.2% denied
Other / HELOC 315 32% · 39.4% denied

By loan type

Conventional 833 85% · 34.1% denied
VA 152 15% · 8.6% denied

Why it denied Hawaii applicants

Debt-to-income ratio 130 44%
Other 70 24%
Credit history 37 12%
Collateral 35 12%
Incomplete application 12 4%
Unverifiable information 8 3%
Employment history 4 1%
Insufficient cash 1 0%

Where in Hawaii

Counties with the most Navy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 838276260 31.0%
Hawaii County 983523 23.5%
Maui County 30811 36.7%
Kauai County 1973 15.8%

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%
Hawaii State Federal Credit UnionC 1,41830.0%5.90%
Freedom MortgageB 92410.8%5.75%
NewrezD 89116.5%6.25%

Frequently asked questions

Hawaii: 985 applications in 2025, of which 326 were originated and 297 denied.

30.2% of all applications, or 47.3% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Navy Federal Credit Union originated in Hawaii in 2025 was 8.10%, against a statewide median of 6.15%.

About this data. Figures are Navy 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