Hawaiiusa Federal Credit Union Mortgage Rates, Fees & Info

Honolulu, HI

LEI: 549300Z6QWABFYI73E79

Tax ID: 99-0073436

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Hawaiiusa Federal Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Hawaiiusa Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Urban Honolulu, Kahului, Hilo, and Kapaa among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Hawaiiusa Federal Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Hawaiiusa Federal Credit Union is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/28/24
    30 Year Conventional Purchase 5.43% 4/28/24
    30 Year Conventional Refi 5.41% 4/28/24
    30 Year Cash-out Refi 5.20% 4/28/24
    15 Year Conventional Purchase 5.96% 4/28/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Hawaiiusa Federal Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Hawaiiusa Federal Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    406

    Origination Dollar Volume (All Markets)

    $179,390,000

    Awards

    HAWAIIUSA FEDERAL CREDIT UNION 30 Year Conventional Loans silver
    Show all (1) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    URBAN HONOLULU, HI (FHA|USDA|VA) 312 $115,600,000 $370,513 $6,148 2.90%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 69 $54,265,000 $786,449 $5,458 3.38%
    Hilo, HI (FHA|USDA|VA) 16 $4,880,000 $305,000 $3,968 3.09%
    Kapaa, HI (FHA|USDA|VA) 9 $4,645,000 $516,111 $8,315 3.33%
    Hawaiiusa Federal Credit Union's top markets include Urban Honolulu, Kahului, Hilo, and Kapaa among others.

    Their top states include:
  • Hawaii (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against HAWAIIUSA FEDERAL CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HONOLULU
    Similarity Rank: 53
    ALOHA PACIFIC
    Similarity Rank: 140
    University of Hawaii Federal Credit Union
    Similarity Rank: 204
    HAWAIIAN FINANCIAL
    Similarity Rank: 212
    PACIFIC HOME LOANS, INC.
    Similarity Rank: 315
    American Mortgage and Insurance Inc.
    Similarity Rank: 520
    Territorial Savings Bank
    Similarity Rank: 532
    HAWAIIUSA FEDERAL CREDIT UNION
    Similarity Rank: 664
    HAWAII STATE FEDERAL CREDIT UNION
    Similarity Rank: 676
    COMPASS HOME LOANS, LLC
    Similarity Rank: 704

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 238 $152,240,000 $639,664 $5,924 3.11%
    HELOC 168 $27,150,000 $161,607 n/a 2.85%

    For 2021, Hawaiiusa Federal Credit Union's most frequently originated type of loan was Conventional, with 238 originations. Their 2nd most popular type was HELOC, with 168 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 90 $26,800,000 $297,778 $4,191 2.66%
    Home Purchase 89 $80,115,000 $900,169 $6,117 3.47%
    Cash Out Refi 89 $49,045,000 $551,067 $6,671 3.01%
    Home Improvement 78 $13,010,000 $166,795 $11,556 2.73%
    Other 60 $10,420,000 $173,667 $7,654 3.16%

    For 2021, Hawaiiusa Federal Credit Union's most frequently cited loan purpose was Refi, with 90 originations. The 2nd most popular reason was Home Purchase, with 89 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 197 $125,015,000 $634,594 $6,801 3.07%
    20 Year 151 $25,335,000 $167,781 $3,031 3.04%
    15 Year 44 $14,480,000 $329,091 $3,959 2.53%
    Other 8 $7,340,000 $917,500 $0 3.08%
    10 Year 6 $7,220,000 $1,203,333 $0 3.00%

    For 2021, Hawaiiusa Federal Credit Union's most frequently cited loan duration was 30 Year, with 197 originations. The 2nd most popular length was 20 Year, with 151 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 76 $55,310,000 $727,763
    $5k+ 50 $42,660,000 $853,200
    $1k-2k 40 $12,090,000 $302,250
    $2k-3k 33 $12,785,000 $387,424
    $3k-4k 12 $6,410,000 $534,167
    $4k-5k 10 $5,720,000 $572,000

    Hawaiiusa Federal Credit Union's average total fees were $6,801, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 76 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 219 $69,045,000 $315,274
    <2.5% 86 $21,850,000 $254,070
    3-4% 83 $85,475,000 $1,029,819
    7-8% 8 $800,000 $100,000
    5-6% 6 $980,000 $163,333
    4-5% 2 $440,000 $220,000
    6-7% 1 $145,000 $145,000

    During 2021, Hawaiiusa Federal Credit Union's average interest rate for loans was 3.07%, while their most frequently originated rate bucket for loans was 2.5-3%, with 219 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 137 $37,695,000 $275,146 $4,252 2.78%
    $100k-200k 89 $12,515,000 $140,618 $2,446 2.96%
    $400k-600k 53 $26,175,000 $493,868 $5,968 3.01%
    $100,000 or less 47 $3,055,000 $65,000 $2,020 3.31%
    $1MM+ 45 $73,275,000 $1,628,333 $9,470 3.32%
    $600k-1MM 35 $26,675,000 $762,143 $8,662 3.14%

    2021 saw Hawaiiusa Federal Credit Union place emphasis on $200k-400k loans with 137 originations, totaling $37,695,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 103 $29,825,000 $289,563 $5,596 2.97%
    $150k-250k 91 $39,795,000 $437,308 $5,797 3.09%
    $250k+ 64 $63,470,000 $991,719 $7,836 3.39%
    $75k-100k 64 $16,270,000 $254,219 $5,643 2.73%
    $50k-75k 51 $11,275,000 $221,078 $4,619 2.81%
    $50k or less 15 $2,645,000 $176,333 $2,457 2.84%

    Hawaiiusa Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 103 originations. The second most popular income band? $150k-250k, with 91 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 70 $27,910,000 $398,714 $5,160 2.85%
    20-30% 68 $30,420,000 $447,353 $5,310 2.84%
    50-60% 52 $17,540,000 $337,308 $6,526 3.02%
    <20% 24 $10,050,000 $418,750 $4,468 2.66%
    37% 20 $12,040,000 $602,000 $6,392 3.14%
    45% 15 $5,335,000 $355,667 $6,096 2.91%
    44% 14 $7,080,000 $505,714 $6,951 3.28%
    36% 13 $4,495,000 $345,769 $10,513 2.65%
    49% 13 $9,185,000 $706,538 $7,532 3.35%
    41% 12 $4,110,000 $342,500 $5,377 2.80%
    39% 12 $4,390,000 $365,833 $3,743 3.50%
    46% 12 $4,380,000 $365,000 $4,602 3.42%
    43% 11 $5,585,000 $507,727 $5,562 3.11%
    48% 11 $3,015,000 $274,091 $6,137 3.28%
    38% 10 $3,550,000 $355,000 $4,171 3.17%
    42% 9 $4,805,000 $533,889 $11,203 2.92%
    40% 9 $5,535,000 $615,000 $11,084 3.35%
    47% 7 $1,705,000 $243,571 $7,012 3.50%
    >60% 6 $2,020,000 $336,667 $3,752 3.40%

    Hawaiiusa Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 70 originations. The next most common DTI ratio? 20-30%, with 68 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 231 $78,165,000 $338,377 $6,209 2.83%
    White 114 $75,660,000 $663,684 $5,434 3.26%
    Not applicable 13 $13,595,000 $1,045,769 $0 3.04%
    Native Hawaiian or Islander 26 $5,580,000 $214,615 $7,744 3.15%
    Not provided 10 $2,990,000 $299,000 $6,067 3.02%
    American Indian 6 $2,890,000 $481,667 $4,822 3.46%
    Chinese 1 $205,000 $205,000 $0 1.99%
    Filipino 2 $130,000 $65,000 $0 2.88%
    Korean 1 $105,000 $105,000 $0 2.75%
    Native Hawaiian 1 $35,000 $35,000 $0 8.00%
    Japanese 1 $35,000 $35,000 $0 2.75%

    Approval Rates

    Total approvals of all applications
    81.20%

    Hawaiiusa Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    77.83%

    Hawaiiusa Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 406 $179,390,000 $441,847

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    406 $179,390,000 $441,847

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 107 $28,345,000 $264,907 $4,044 2.72%
    40-60% 55 $34,855,000 $633,727 $5,996 2.82%
    60-80% 95 $77,415,000 $814,895 $7,234 3.18%
    80-100% 34 $24,120,000 $709,412 $7,327 3.15%
    Under 20% 110 $13,360,000 $121,455 $1,384 3.17%