Pennymac Loan Services in Hawaii vs the state
15.5%Denial rate-6.32 pts vs state
20.7%Decision denial rate-6.57 pts vs state
58.3%Origination rate+2.89 pts vs state
6.13%Median rate-0.03 pts vs state
0.03Rate spread (pts)+0.28 pts vs state
$158kMedian applicant income
462Loans originated
123Denied
Trend in Hawaii
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 321 | 134 | 19.6% | 6.62% | #22 |
| 2024 | 493 | 247 | 20.1% | 6.50% | #18 |
| 2025 | 793 | 462 | 15.5% | 6.13% | #12 |
What Pennymac Loan Services lends in Hawaii
By loan purpose
By loan type
Why it denied Hawaii applicants
Where in Hawaii
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Honolulu County | 518 | 325 | 66 | 12.7% |
| Hawaii County | 186 | 99 | 34 | 18.3% |
| Maui County | 64 | 26 | 17 | 26.6% |
| Kauai County | 25 | 12 | 6 | 24.0% |
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: 793 applications in 2025, of which 462 were originated and 123 denied.
15.5% of all applications, or 20.7% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.
The median rate on loans Pennymac Loan Services originated in Hawaii in 2025 was 6.13%, against a statewide median of 6.15%.
About this data. Figures are Pennymac Loan Services'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