NexBank · Hawaii · 2025

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

NexBank took 20 mortgage applications in Hawaii in 2025, ranking #128 of 321 lenders active in the state. It originated 55.0% of them and denied 20.0% (23.5% of the applications it decided), against a statewide denial rate of 21.8%.

20Applicationsin HI
23.5%Decision denial ratestate 27.3%
6.99%Median ratestate 6.15%
$795,000Median loanstate $405,000
$12MVolume4 counties

NexBank in Hawaii vs the state

20.0%Denial rate-1.83 pts vs state
23.5%Decision denial rate-3.78 pts vs state
55.0%Origination rate-0.37 pts vs state
6.99%Median rate+0.84 pts vs state
0.63Rate spread (pts)+0.88 pts vs state
$302kMedian applicant income
11Loans originated
4Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312616.7%6.69%#128
2024211028.6%6.75%#116
2025201120.0%6.99%#128

What NexBank lends in Hawaii

By loan purpose

Home purchase 10 50% · 30.0% denied
Refinance 5 25% · 20.0% denied
Cash-out refinance 5 25% · 0.0% denied

By loan type

Conventional 20 100% · 20.0% denied

Why it denied Hawaii applicants

Collateral 3 75%
Debt-to-income ratio 1 25%

Where in Hawaii

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 961 11.1%
Hawaii County 832 25.0%
Kauai County 211 50.0%
Maui County 110 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: 20 applications in 2025, of which 11 were originated and 4 denied.

20.0% of all applications, or 23.5% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans NexBank originated in Hawaii in 2025 was 6.99%, against a statewide median of 6.15%.

About this data. Figures are NexBank'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