Sofi Bank · Hawaii · 2025

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

Sofi Bank took 170 mortgage applications in Hawaii in 2025, ranking #33 of 321 lenders active in the state. It originated 14.1% of them and denied 10.0% (39.5% of the applications it decided), against a statewide denial rate of 21.8%.

170Applicationsin HI
39.5%Decision denial ratestate 27.3%
8.02%Median ratestate 6.15%
$155,000Median loanstate $405,000
$6.0MVolume4 counties

Sofi Bank in Hawaii vs the state

10.0%Denial rate-11.83 pts vs state
39.5%Decision denial rate+12.22 pts vs state
14.1%Origination rate-41.25 pts vs state
8.02%Median rate+1.87 pts vs state
1.92Rate spread (pts)+2.17 pts vs state
$144kMedian applicant income
24Loans originated
17Denied

What Sofi Bank lends in Hawaii

By loan purpose

Home purchase 12 7% · 0.0% denied
Refinance 7 4% · 14.3% denied
Cash-out refinance 28 16% · 10.7% denied
Home improvement 10 6% · 10.0% denied
Other / HELOC 113 66% · 10.6% denied

By loan type

Conventional 163 96% · 10.4% denied
VA 7 4% · 0.0% denied

Why it denied Hawaii applicants

Debt-to-income ratio 10 59%
Collateral 5 29%
Unverifiable information 1 6%
Credit history 1 6%

Where in Hawaii

Counties with the most Sofi Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 108138 7.4%
Hawaii County 3573 8.6%
Maui County 2233 13.6%
Kauai County 513 60.0%

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: 170 applications in 2025, of which 24 were originated and 17 denied.

10.0% of all applications, or 39.5% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

The median rate on loans Sofi Bank originated in Hawaii in 2025 was 8.02%, against a statewide median of 6.15%.

About this data. Figures are Sofi Bank'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