The Federal Savings Bank · Hawaii · 2025

The Federal Savings Bank in Hawaii: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 121 mortgage applications in Hawaii in 2025, ranking #54 of 321 lenders active in the state. It originated 28.9% of them and denied 15.7% (35.2% of the applications it decided), against a statewide denial rate of 21.8%.

121Applicationsin HI
35.2%Decision denial ratestate 27.3%
6.25%Median ratestate 6.15%
$645,000Median loanstate $405,000
$24MVolume4 counties

The Federal Savings Bank in Hawaii vs the state

15.7%Denial rate-6.13 pts vs state
35.2%Decision denial rate+7.88 pts vs state
28.9%Origination rate-26.44 pts vs state
6.25%Median rate+0.10 pts vs state
-0.14Rate spread (pts)+0.11 pts vs state
$120kMedian applicant income
35Loans originated
19Denied

Trend in Hawaii

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023992415.2%5.88%#44
20241022710.8%6.00%#50
20251213515.7%6.25%#54

What The Federal Savings Bank lends in Hawaii

By loan purpose

Home purchase 5 4% · 20.0% denied
Refinance 12 10% · 16.7% denied
Cash-out refinance 101 83% · 15.8% denied
Home improvement 3 2% · 0.0% denied

By loan type

Conventional 8 7% · 25.0% denied
FHA 4 3% · 0.0% denied
VA 109 90% · 15.6% denied

Why it denied Hawaii applicants

Incomplete application 6 32%
Credit history 5 26%
Debt-to-income ratio 4 21%
Other 2 11%
Insufficient cash 1 5%
Unverifiable information 1 5%

Where in Hawaii

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Honolulu County 932313 14.0%
Hawaii County 1885 27.8%
Maui County 831 12.5%
Kauai County 210 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: 121 applications in 2025, of which 35 were originated and 19 denied.

15.7% of all applications, or 35.2% of the applications it actually decided on. The Hawaii statewide average across all lenders was 21.8%.

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

About this data. Figures are The Federal Savings 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