PlainLender

FIRST HAWAIIAN BANK

HONOLULU, HI

FIRST HAWAIIAN BANK processed 2,271 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,256 loans with a 23.6% denial rate. Refinancing was the primary loan purpose. Based in HONOLULU, HI. The approval rate of 55.3% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. FIRST HAWAIIAN BANK processed 2,271 HMDA-reported mortgage applications in 2024, originating 1,256 loans and denying 537 for a denial rate of 23.6% (applicants themselves withdrew 282 files before a decision). The average loan amount was $1,081,191 at a 6.923% average note rate, and applicants self-reported an average income of $41,000. The lender reports under LEI WWJYKHS2UNKSDW8XLB53 from HONOLULU, HI.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. FIRST HAWAIIAN BANK's 55.3% origination rate tells you how often an application turned into funded money; the 23.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,264 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,271
Applications
1,256
Originated
23.6%
Denial Rate
$1,081,191
Avg Loan Amount
Avg Interest Rate: 6.923% Avg Applicant Income: $41,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,264 1,253 537 $1,082,672
VA 7 3 0 $602,143

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for FIRST HAWAIIAN BANK (LEI: WWJYKHS2UNKSDW8XLB53) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
389
Collateral
196
Credit history
101
Unverifiable information
17
Insufficient cash
7
Other
4
Employment history
3
Mortgage insurance denied
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 655 396 $309,137
Other 602 284 $272,309
Home Purchase 541 340 $3,616,331
Home Improvement 419 209 $231,993
Cash-out Refinancing 54 27 $654,259

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
Asian 870 56.8% 19.7%
White 539 55.1% 25.8%
Joint 188 64.9% 16.5%
Native Hawaiian or Other Pacific Islander 154 47.4% 32.5%
2 or more minority races 86 51.2% 23.3%
Black or African American 25 44.0% 32.0%
American Indian or Alaska Native 3 33.3% 33.3%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,655 57.5% 21.8%
Hispanic or Latino 62 40.3% 33.9%
Joint 58 48.3% 24.1%

Nearby Lenders in HI

Other HMDA-reporting lenders in HI with similar activity. Compare any two side-by-side.

Bank of Hawaii

Honolulu, HI

2,715 apps 1,212 originated 36.6% denied

AMERICAN SAVINGS BANK

HONOLULU, HI

1,879 apps 993 originated 37.3% denied

HAWAIIUSA FCU

HONOLULU, HI

1,128 apps 417 originated 39.5% denied

Hawaii State Federal Credit Union

Honolulu, HI

1,084 apps 659 originated 27.6% denied

Central Pacific Bank

Honolulu, HI

1,068 apps 487 originated 35.5% denied
Compare FIRST HAWAIIAN BANK vs Bank of Hawaii →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did FIRST HAWAIIAN BANK process?
FIRST HAWAIIAN BANK processed 2,271 mortgage applications in the 2023 HMDA reporting year. Of these, 1,256 were originated (approved and funded), 282 were withdrawn by the applicant, and 537 were denied.
What is FIRST HAWAIIAN BANK's mortgage approval rate?
FIRST HAWAIIAN BANK has an approval (origination) rate of 55.3%, meaning 55.3% of all applications resulted in a funded mortgage. The denial rate is 23.6%.
What is the average loan amount at FIRST HAWAIIAN BANK?
The average mortgage loan amount at FIRST HAWAIIAN BANK is $1,081,191. The average interest rate is 6.923%. The average applicant income is $41,000.
What are the most common reasons for mortgage denial at FIRST HAWAIIAN BANK?
The most common reasons for mortgage denial at FIRST HAWAIIAN BANK are: Debt-to-income ratio, Collateral, Credit history. In total, 537 applications were denied out of 2,271 total applications.
What types of mortgage loans does FIRST HAWAIIAN BANK offer?
FIRST HAWAIIAN BANK processes Conventional, VA loans. The most common type is Conventional with 2,264 applications and an average loan amount of $1,082,672.
What loan purposes does FIRST HAWAIIAN BANK serve?
FIRST HAWAIIAN BANK serves the following loan purposes: Refinancing (655 applications), Other (602 applications), Home Purchase (541 applications), Home Improvement (419 applications), Cash-out Refinancing (54 applications). Refinancing is the most common purpose.
Where is FIRST HAWAIIAN BANK located?
FIRST HAWAIIAN BANK is headquartered in HONOLULU, HI. The lender is identified by LEI WWJYKHS2UNKSDW8XLB53 in HMDA data.
How does FIRST HAWAIIAN BANK compare in lending across racial demographics?
FIRST HAWAIIAN BANK reports demographic lending data under HMDA requirements. Asian applicants have an approval rate of 56.8% and denial rate of 19.7%; White applicants have an approval rate of 55.1% and denial rate of 25.8%; Joint applicants have an approval rate of 64.9% and denial rate of 16.5%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.