Compare Mortgage Lenders
Select two lenders to compare side by side using 2023 HMDA federal data: approval rates, denial rates, loan sizes, loan types, and geographic reach.
Key Metrics
| Metric | Bank of Hawaii | FIRST HAWAIIAN BANK |
|---|---|---|
| Total Applications | 2,715 | 2,271 ▲ |
| Loans Originated | 1,212 | 1,256 |
| Approval Rate (higher is better) | 44.6% | 55.3% ✓ |
| Denial Rate (lower is better) | 36.6% | 23.6% ✓ |
| Avg Loan Amount | $417,144 | $1,081,191 |
| Avg Interest Rate (lower is better) | 7.046% | 6.923% ✓ |
| Avg Applicant Income | $38,000 | $41,000 |
| Applications Denied | 994 | 537 |
| Applications Withdrawn | 300 | 282 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Bank of Hawaii | FIRST HAWAIIAN BANK |
|---|---|---|
| Conventional | 2,679 (98.7%) | 2,264 (99.7%) |
| FHA | 12 (0.4%) | — |
| VA | 24 (0.9%) | 7 (0.3%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Bank of Hawaii | FIRST HAWAIIAN BANK |
|---|---|---|
| Other | 758 | 602 |
| Home Purchase | 676 | 541 |
| Refinancing | 573 | 655 |
| Home Improvement | 564 | 419 |
| Cash-out Refinancing | 144 | 54 |
Top States by Loan Volume
Summary
- 2,715 total applications · 1,212 originated
- Approval rate: 44.6%
- Denial rate: 36.6%
- Avg loan: $417,144
- Avg rate: 7.046%
- HQ: Honolulu, HI
- 2,271 total applications · 1,256 originated
- Approval rate: 55.3%
- Denial rate: 23.6%
- Avg loan: $1,081,191
- Avg rate: 6.923%
- HQ: HONOLULU, HI
Methodology
Comparisons are drawn from the CFPB 2024 HMDA Snapshot National Loan-Level Dataset, published by the Consumer Financial Protection Bureau and distributed via the FFIEC. Every figure on this page comes from lenders' mandatory HMDA filings — not voluntary marketing claims.
Approval (origination) rate = originated ÷ total applications. Denial rate = denied ÷ total applications. Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes. Denial rates reflect a lender's applicant mix as much as its underwriting stance; compare alongside loan-type mix and geography before drawing conclusions.
Side-by-side comparisons are informational only and do not constitute financial, legal, or mortgage advice. Always obtain and compare written Loan Estimates before applying.