Hawaii Mortgage Lending
261 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 32,059 HMDA-reported mortgage applications in Hawaii in 2024, originating 16,087 loans and denying 7,190. That puts the statewide denial rate at 22.4% and the approval (origination) rate at 50.2%. The average loan amount across Hawaii was $568,960 at an average note rate of 6.93%. 261 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 4 counties and 3 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, Asian applicants had an approval rate of 54.9% and denial rate of 24.7%; while White applicants had an approval rate of 54.2% and denial rate of 21.8%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Honolulu County, Hawaii County, Maui County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Hawaii
Top HMDA-reporting lenders active in Hawaii. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 1,315 | 8.2% |
| 2 | FIRST HAWAIIAN BANK | 1,256 | 7.8% |
| 3 | Bank of Hawaii | 1,212 | 7.5% |
| 4 | AMERICAN SAVINGS BANK | 993 | 6.2% |
| 5 | ROCKET MORTGAGE | 979 | 6.1% |
Lending by Race in Hawaii
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Asian | 9,516 | 54.9% | 24.7% |
| White | 7,444 | 54.2% | 21.8% |
| Joint | 2,648 | 60.6% | 18.2% |
| Native Hawaiian or Other Pacific Islander | 2,295 | 43.3% | 31.9% |
| 2 or more minority races | 1,407 | 52.5% | 26.5% |
| Black or African American | 578 | 48.3% | 21.6% |
| American Indian or Alaska Native | 179 | 45.3% | 27.4% |
Counties in Hawaii
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Honolulu County | 21,031 | 10,727 | 22.0% | $505,779 |
| Hawaii County | 5,608 | 2,764 | 22.1% | $469,155 |
| Maui County | 3,751 | 1,772 | 24.6% | $1,031,446 |
| Kauai County | 1,588 | 789 | 24.4% | $622,248 |
Metro Areas in Hawaii
Frequently Asked Questions
How many mortgage applications were filed in Hawaii?
What is the mortgage denial rate in Hawaii?
What is the average mortgage loan amount in Hawaii?
How many mortgage lenders operate in Hawaii?
How do mortgage denial rates vary by demographics in Hawaii?
Which counties in Hawaii have the most mortgage activity?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
