Newrez · Hawaii · 2025

Newrez in Hawaii: approval rate, denial rate and rates (2025)

Newrez took 891 mortgage applications in Hawaii in 2025, ranking #11 of 321 lenders active in the state. It originated 44.0% of them and denied 16.5% (27.2% of the applications it decided), against a statewide denial rate of 21.8%.

891Applicationsin HI
27.2%Decision denial ratestate 27.3%
6.25%Median ratestate 6.15%
$565,000Median loanstate $405,000
$289MVolume4 counties

Newrez in Hawaii vs the state

16.5%Denial rate-5.33 pts vs state
27.2%Decision denial rate-0.14 pts vs state
44.0%Origination rate-11.37 pts vs state
6.25%Median rate+0.10 pts vs state
-0.11Rate spread (pts)+0.14 pts vs state
$152kMedian applicant income
392Loans originated
147Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
202336414717.9%6.63%#18
202457624921.5%6.63%#14
202589139216.5%6.25%#11

What Newrez lends in Hawaii

By loan purpose

Home purchase 365 41% · 6.6% denied
Refinance 219 25% · 12.3% denied
Cash-out refinance 307 34% · 31.3% denied

By loan type

Conventional 576 65% · 19.8% denied
FHA 63 7% · 42.9% denied
VA 252 28% · 2.4% denied

Why it denied Hawaii applicants

Debt-to-income ratio 93 63%
Collateral 21 14%
Credit history 10 7%
Other 7 5%
Insufficient cash 6 4%
Unverifiable information 5 3%
Employment history 5 3%

Where in Hawaii

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 59229677 13.0%
Hawaii County 1363738 27.9%
Maui County 1094023 21.1%
Kauai County 54199 16.7%

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: 891 applications in 2025, of which 392 were originated and 147 denied.

16.5% of all applications, or 27.2% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Newrez originated in Hawaii in 2025 was 6.25%, against a statewide median of 6.15%.

About this data. Figures are Newrez'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