Summit Funding in Hawaii vs the state
14.3%Denial rate-7.54 pts vs state
25.0%Decision denial rate-2.31 pts vs state
42.9%Origination rate-12.51 pts vs state
7.50%Median rate+1.35 pts vs state
0.79Rate spread (pts)+1.04 pts vs state
$190kMedian applicant income
15Loans originated
5Denied
Trend in Hawaii
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 22 | 11 | 22.7% | 7.13% | #113 |
| 2025 | 35 | 15 | 14.3% | 7.50% | #107 |
What Summit Funding lends in Hawaii
By loan purpose
By loan type
Why it denied Hawaii applicants
Where in Hawaii
Counties with the most Summit Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hawaii County | 28 | 12 | 3 | 10.7% |
| Honolulu County | 7 | 3 | 2 | 28.6% |
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: 35 applications in 2025, of which 15 were originated and 5 denied.
14.3% of all applications, or 25.0% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.
The median rate on loans Summit Funding originated in Hawaii in 2025 was 7.50%, against a statewide median of 6.15%.
About this data. Figures are Summit Funding'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