New Day Financial · Hawaii · 2025

New Day Financial in Hawaii: approval rate, denial rate and rates (2025)

New Day Financial took 95 mortgage applications in Hawaii in 2025, ranking #62 of 321 lenders active in the state. It originated 6.3% of them and denied 31.6% (79.0% of the applications it decided), against a statewide denial rate of 21.8%.

95Applicationsin HI
79.0%Decision denial ratestate 27.3%
6.62%Median ratestate 6.15%
$475,000Median loanstate $405,000
$2.7MVolume4 counties

New Day Financial in Hawaii vs the state

31.6%Denial rate+9.75 pts vs state
79.0%Decision denial rate+51.64 pts vs state
6.3%Origination rate-49.05 pts vs state
6.62%Median rate+0.47 pts vs state
0.51Rate spread (pts)+0.76 pts vs state
$91kMedian applicant income
6Loans originated
30Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023931033.3%8.12%#47
2024107830.8%7.75%#49
202595631.6%6.62%#62

What New Day Financial lends in Hawaii

By loan purpose

Home purchase 2 2% · 0.0% denied
Refinance 6 6% · 16.7% denied
Cash-out refinance 86 91% · 32.6% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

FHA 1 1% · 100.0% denied
VA 94 99% · 30.9% denied

Why it denied Hawaii applicants

Debt-to-income ratio 14 47%
Credit history 11 37%
Other 3 10%
Collateral 2 7%

Where in Hawaii

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 73621 28.8%
Hawaii County 1807 38.9%
Maui County 302 66.7%
Kauai 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: 95 applications in 2025, of which 6 were originated and 30 denied.

31.6% of all applications, or 79.0% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans New Day Financial originated in Hawaii in 2025 was 6.62%, against a statewide median of 6.15%.

About this data. Figures are New Day Financial'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