Hilo Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Hilo averaged 7.13% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 7.23% and one month ago for the week of 2025-05-29, the average rate was 7.15%.

Hilo's average rate one year ago was 7.32%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.27%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Hilo 30 Year Fixed Rate 2025-07-03 7.13%
Hilo 30 Year Fixed Rate Refi 2025-07-03 7.27%
Hilo 15 Year Fixed Rate 2025-07-03 6%
Hilo 15 Year Fixed Rate Refi 2025-07-03 5.8%
Hilo 30 Year FHA 2025-07-03 -0.26%
Hilo 30 Year FHA Refi 2025-07-03 -0.1%
Hilo 30 Year USDA 2025-07-03 -0.2%
Hilo 30 Year USDA Refi 2025-07-03 0%
Hilo 30 Year VA 2025-07-03 0.16%
Hilo 30 Year VA Refi 2025-07-03 0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hilo, HI.

Hilo Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Hilo, HI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 125 6.76% $10,814
QUICKEN LOANS, LLC 109 6.65% $11,115
NFM, INC. 93 7.00% $11,712
V.I.P. MORTGAGE, INC. 84 7.04% $10,870
GUILD MORTGAGE COMPANY 64 6.71% $10,830
First Hawaiian Bank 45 6.77% $12,546
FREEDOM MORTGAGE CORPORATION 32 6.96% $8,710
CMG MORTGAGE, INC. 32 7.14% $11,059
PREMIER MORTGAGE RESOURCES, L.L.C. 31 7.08% $9,260
Bank of Hawaii 30 6.59% $12,617
GUARANTEED RATE, INC. 27 7.06% $8,176
American Savings Bank, FSB 22 6.47% $9,787
PENNYMAC LOAN SERVICES, LLC 22 6.53% $9,599
Central Pacific Bank 21 6.84% $5,841
Century Mortgage Company DBA Century Lending Company 21 6.43% $12,497
U.S. Bank 17 6.74% $10,889
The Loan Store, Inc. 15 7.28% $9,551
LOANDEPOT.COM, LLC 14 6.75% $8,449
DAS Acquisition Company, LLC 13 6.73% $8,773
AMERICAN PACIFIC MORTGAGE CORPORATION 13 6.62% $10,672
NEWREZ LLC 13 6.88% $10,539
PLAZA HOME MORTGAGE, INC. 12 6.50% $10,704
JPMorgan Chase Bank 12 6.79% $19,053
LENDSURE MORTGAGE CORP. 12 7.94% $31,799
Wells Fargo Bank 11 6.32% $12,626
BM Real Estate Services, Inc. 11 7.57% $6,253
PRIMELENDING, A PLAINSCAPITAL COMPANY 11 7.03% $16,004
Mr. Cooper ( Nationstar Mortgage ) 9 6.53% $11,010
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.73% $10,565
CROSSCOUNTRY MORTGAGE, LLC 9 7.31% $9,626
SECURITYNATIONAL MORTGAGE COMPANY 9 6.97% $13,869
Citadel Servicing Corporation 8 7.86% $25,216
NEXERA HOLDING LLC 7 7.88% $14,241
MASON MCDUFFIE MORTGAGE CORPORATION 7 6.16% $14,871
NAVY FEDERAL CREDIT UNION 7 6.38% $8,521
HighTechLending Inc 6 6.83% $8,474
UBS Bank USA 6 6.15% $9,312
Cornerstone First Mortgage, Inc 6 6.98% $14,356
Paramount Residential Mortgage Group, Inc. 6 6.94% $14,485
Morgan Stanley Private Bank 6 5.90% $7,625
MOVEMENT MORTGAGE, LLC 6 7.27% $13,625
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.77% $10,360
NBKC BANK 6 6.54% $5,411
Commerce Home Mortgage, Inc. 5 8.45% $23,831
Northpointe Bank 5 6.53% $8,850
BMO Harris Bank 5 6.70% $12,470
Raymond James Bank 5 5.73% $9,032
KeyBank 4 6.56% $7,369
HOMEXPRESS MORTGAGE CORP. 4 7.87% $18,253
PACIFIC HOME LOANS, INC. 4 6.81% $7,763
SUMMIT FUNDING, INC. 4 6.96% $15,037
Bank of America 4 5.59% $12,981
Plains Commerce Bank 4 6.78% $9,307
Carrington Mortgage Services, LLC 4 7.25% $12,113
Mortgage Research Center, LLC 4 5.97% $4,205
ZILLOW HOME LOANS, LLC 3 6.71% $9,014
ALLIANT CREDIT UNION 3 6.42% $6,828
Ally Bank 3 6.17% $16,933
American Mortgage & Equity Consultants, Inc. 3 7.33% $13,028
AMERISAVE MORTGAGE CORPORATION 3 6.87% $9,350
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 7.96% $11,835
Barrington Bank & Trust Company, N.A. 3 6.66% $7,290
BROKER SOLUTIONS, INC. 3 6.83% $7,893
CANOPY MORTGAGE, LLC 3 6.91% $8,860
Citibank 3 5.88% $17,843
Flagstar Bank, FSB 3 6.87% $8,188
General Mortgage Capital Corporation 3 6.92% $5,451
HAWAII STATE FEDERAL CREDIT UNION 3 6.63% $6,602
NexBank 3 6.91% $7,905
OCMBC, INC. 3 9.12% $16,061
Stifel Bank and Trust 3 6.17% $4,312
Goldman Sachs Bank USA 2 5.55% $6,980
HomeStreet Bank 2 7.06% $4,644
Nations Lending Corporation 2 7.38% $6,017
HAWAIIUSA FEDERAL CREDIT UNION 2 6.69% $12,530
GENEVA FINANCIAL, LLC 2 6.63% $21,063
First Western Trust Bank 2 6.25% $9,757
Pacific Lending LLC 2 6.68% $10,002
PNC Bank 2 5.69% $10,598
Charles Schwab Bank, SSB 2 5.79% $3,063
BETTER MORTGAGE CORPORATION 2 6.19% $19,262
BAY-VALLEY MORTGAGE GROUP 2 7.75% $22,962
BAY EQUITY LLC 2 7.56% $4,911
Territorial Savings Bank 2 6.50% $11,089
The Federal Savings Bank 2 6.88% $9,330
University of Hawaii Federal Credit Union 2 5.56% $9,881
AMERICAN FINANCIAL NETWORK, INC. 2 6.50% $10,499
LENOX FINANCIAL MORTGAGE CORPORATION 2 6.06% $8,691
WESCOM CENTRAL CREDIT UNION 1 7.00% $6,751
ONE NEVADA CREDIT UNION 1 7.00% $4,300
First-Citizens Bank & Trust Company 1 5.63% $4,857
The Central Trust Bank 1 6.49% $6,214
Farm Credit Mid-America, ACA 1 7.75% $9,199
EVERETT FINANCIAL, INC. 1 7.13% $14,065
PENTAGON FEDERAL CREDIT UNION 1 6.50% $4,116
CORNERSTONE HOME LENDING, INC. 1 7.49% $4,832
Commerce Bank 1 6.63% $5,619
ALKAN MORTGAGE CORPORATION 1 8.25% $10,780
Ameris Bank 1 6.99% $7,485
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.38% $7,212
CASTLE & COOKE MORTGAGE, LLC 1 6.63% $6,456
BNY Mellon 1 6.88% $5,062
Quontic Bank 1 9.88% $9,836
AMERICAN INTERNET MORTGAGE, INC. 1 7.00% $6,043
S1L, Inc. 1 7.63% $8,964
AMERICAN FINANCING CORPORATION 1 6.63% $13,331
Sierra Pacific Mortgage Company, Inc. 1 6.38% $11,902
SIRVA MORTGAGE, INC. 1 6.88% $4,792
KINECTA 1 7.50% $25,713
ADVANCIAL 1 7.63% $18,274
Home Mortgage Alliance Corp 1 7.25% $24,143
M&T Bank 1 6.38% $6,202
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $11,494
Logan Finance Corporation 1 7.12% $5,633
SUN WEST MORTGAGE COMPANY, INC. 1 6.88% $6,786
HAWAIIAN FINANCIAL 1 5.88% $7,396
GUARANTEED RATE AFFINITY, LLC 1 7.99% $8,174
NEW WAVE LENDING GROUP INC 1 7.38% $13,651
ALAMEDA MORTGAGE CORPORATION 1 6.25% $17,880
LAND HOME FINANCIAL SERVICES, INC. 1 6.99% $5,751
TEACHERS 1 6.38% $10,064
NMSI, INC. 1 6.00% $5,571
North American Savings Bank, F.S.B. 1 6.99% $5,222
ML Mortgage Corp. 1 7.38% $8,728

Hilo Average Closing Costs & Other Stats

Hilo, HI's 124 lenders originated 2,764 loans during 2024. The total origination value was $1,440,880,000, with an average loan value of $521,302.

Hilo's average closing costs are $7,974.

The top Hilo lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 125 loans originated. Their average total fees are $10,814, which is $301 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Hilo lenders (with over 10 loans originated) are Central Pacific Bank ($5,841), BM Real Estate Services, Inc. ($6,253), GUARANTEED RATE, INC. ($8,176), LOANDEPOT.COM, LLC ($8,449) and FREEDOM MORTGAGE CORPORATION ($8,710).

The lowest rate Hilo lenders (with over 10 loans originated) are Wells Fargo Bank (6.32%), Century Mortgage Company DBA Century Lending Company (6.43%), American Savings Bank, FSB (6.47%), PLAZA HOME MORTGAGE, INC. (6.50%) and PENNYMAC LOAN SERVICES, LLC (6.53%).

Hilo, HI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
UNITED WHOLESALE MORTGAGE, LLC $90,690,000 $115,160,000 27.0% 8.0%
First Hawaiian Bank $73,150,000 $107,760,000 47.3% 7.5%
QUICKEN LOANS, LLC $48,510,000 $80,830,000 66.6% 5.6%
JPMorgan Chase Bank $44,365,000 $61,320,000 38.2% 4.3%
V.I.P. MORTGAGE, INC. $93,780,000 $59,885,000 -36.1% 4.2%
NFM, INC. $7,900,000 $52,695,000 567.0% 3.7%
GUILD MORTGAGE COMPANY $11,640,000 $47,560,000 308.6% 3.3%
FREEDOM MORTGAGE CORPORATION $15,500,000 $42,940,000 177.0% 3.0%
UBS Bank USA $4,505,000 $42,770,000 849.4% 3.0%
Bank of Hawaii $107,645,000 $42,380,000 -60.6% 2.9%
Century Mortgage Company DBA Century Lending Company $6,595,000 $30,930,000 369.0% 2.1%
GUARANTEED RATE, INC. $21,765,000 $28,570,000 31.3% 2.0%
Mortgage Research Center, LLC $14,870,000 $28,055,000 88.7% 1.9%
PENNYMAC LOAN SERVICES, LLC $10,580,000 $27,675,000 161.6% 1.9%
U.S. Bank $13,960,000 $25,610,000 83.5% 1.8%
CMG MORTGAGE, INC. $15,155,000 $23,885,000 57.6% 1.7%
LENDSURE MORTGAGE CORP. $2,945,000 $22,470,000 663.0% 1.6%
Morgan Stanley Private Bank $16,990,000 $22,150,000 30.4% 1.5%
TEMPLE VIEW CAPITAL FUNDING, LP $11,090,000 $19,915,000 79.6% 1.4%
American Savings Bank, FSB $39,105,000 $19,495,000 -50.1% 1.4%
Bank of America $11,720,000 $19,360,000 65.2% 1.3%
HOMEXPRESS MORTGAGE CORP. $8,230,000 $19,245,000 133.8% 1.3%
Citibank $12,365,000 $18,145,000 46.7% 1.3%
Citadel Servicing Corporation $12,780,000 $17,385,000 36.0% 1.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $17,135,000 $16,595,000 -3.2% 1.2%
NEWREZ LLC $7,600,000 $16,435,000 116.3% 1.1%
BMO Harris Bank $11,610,000 $15,240,000 31.3% 1.1%
Central Pacific Bank $19,190,000 $15,105,000 -21.3% 1.0%
LOANDEPOT.COM, LLC $14,965,000 $14,140,000 -5.5% 1.0%
Wells Fargo Bank $5,235,000 $13,960,000 166.7% 1.0%
CROSSCOUNTRY MORTGAGE, LLC $8,895,000 $13,305,000 49.6% 0.9%
BM Real Estate Services, Inc. $3,710,000 $11,275,000 203.9% 0.8%
Raymond James Bank $955,000 $10,335,000 982.2% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,375,000 $9,395,000 583.3% 0.7%
NAVY FEDERAL CREDIT UNION $11,075,000 $9,360,000 -15.5% 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $16,210,000 $9,325,000 -42.5% 0.6%
HOMEBRIDGE FINANCIAL SERVICES, INC. $11,365,000 $9,095,000 -20.0% 0.6%
The Loan Store, Inc. $8,180,000 n/a 0.6%
NEXERA HOLDING LLC $6,725,000 $8,135,000 21.0% 0.6%
PLAZA HOME MORTGAGE, INC. $11,420,000 $7,465,000 -34.6% 0.5%
Commerce Home Mortgage, Inc. $10,215,000 $7,215,000 -29.4% 0.5%
HAWAIIUSA FEDERAL CREDIT UNION $13,905,000 $6,815,000 -51.0% 0.5%
DAS Acquisition Company, LLC $7,865,000 $6,150,000 -21.8% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $3,660,000 $5,570,000 52.2% 0.4%
MOVEMENT MORTGAGE, LLC $2,115,000 $5,460,000 158.2% 0.4%
MidFirst Bank $1,000,000 $5,310,000 431.0% 0.4%
SECURITYNATIONAL MORTGAGE COMPANY $5,470,000 $5,190,000 -5.1% 0.4%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,700,000 $5,155,000 203.2% 0.4%
Carrington Mortgage Services, LLC $995,000 $5,115,000 414.1% 0.4%
HighTechLending Inc $2,735,000 $4,865,000 77.9% 0.3%
FINANCE OF AMERICA REVERSE LLC $5,955,000 $4,640,000 -22.1% 0.3%
Charles Schwab Bank, SSB $7,635,000 $4,605,000 -39.7% 0.3%
OCMBC, INC. $3,670,000 $4,510,000 22.9% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $2,500,000 $4,430,000 77.2% 0.3%
Cornerstone First Mortgage, Inc $3,410,000 $4,280,000 25.5% 0.3%
NBKC BANK $2,110,000 $4,175,000 97.9% 0.3%
The Federal Savings Bank $2,835,000 $4,025,000 42.0% 0.3%
KINECTA $2,980,000 $4,005,000 34.4% 0.3%
Finance Factors, Limited $19,480,000 $3,965,000 -79.6% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,095,000 $3,845,000 -52.5% 0.3%
Flagstar Bank, FSB $4,785,000 $3,810,000 -20.4% 0.3%
PNC Bank $1,090,000 $3,810,000 249.5% 0.3%
ALLIANT CREDIT UNION $390,000 $3,770,000 866.7% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $3,610,000 $3,680,000 1.9% 0.3%
Paramount Residential Mortgage Group, Inc. $4,450,000 $3,590,000 -19.3% 0.2%
Performance Financial, Inc. $3,555,000 n/a 0.2%
MASON MCDUFFIE MORTGAGE CORPORATION $5,630,000 $3,410,000 -39.4% 0.2%
AMERISAVE MORTGAGE CORPORATION $2,940,000 $3,380,000 15.0% 0.2%
Goldman Sachs Bank USA $3,300,000 n/a 0.2%
HomeStreet Bank $4,460,000 $2,980,000 -33.2% 0.2%
Home Mortgage Alliance Corp $2,945,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $610,000 $2,805,000 359.8% 0.2%
HAWAII STATE FEDERAL CREDIT UNION $2,485,000 $2,745,000 10.5% 0.2%
Barrington Bank & Trust Company, N.A. $1,830,000 $2,490,000 36.1% 0.2%
American Mortgage & Equity Consultants, Inc. $6,285,000 $2,465,000 -60.8% 0.2%
KeyBank $6,470,000 $2,445,000 -62.2% 0.2%
Pacific Lending LLC $2,445,000 n/a 0.2%
SUMMIT FUNDING, INC. $305,000 $2,420,000 693.4% 0.2%
LONGBRIDGE FINANCIAL, LLC $975,000 $2,380,000 144.1% 0.2%
PACIFIC HOME LOANS, INC. $2,250,000 n/a 0.2%
Logan Finance Corporation $2,180,000 n/a 0.2%
M&T Bank $255,000 $2,125,000 733.3% 0.1%
DEEPHAVEN MORTGAGE LLC $2,015,000 n/a 0.1%
Libertyville Bank & Trust $2,005,000 n/a 0.1%
Plains Commerce Bank $2,255,000 $1,910,000 -15.3% 0.1%
First-Citizens Bank & Trust Company $1,205,000 $1,885,000 56.4% 0.1%
USAA Federal Savings Bank $1,565,000 $1,850,000 18.2% 0.1%
BROKER SOLUTIONS, INC. $1,845,000 n/a 0.1%
HAWAIIAN FINANCIAL $5,720,000 $1,835,000 -67.9% 0.1%
ALAMEDA MORTGAGE CORPORATION $1,805,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $3,420,000 $1,760,000 -48.5% 0.1%
Northpointe Bank $2,900,000 $1,625,000 -44.0% 0.1%
BAY EQUITY LLC $850,000 $1,565,000 84.1% 0.1%
Ameris Bank $1,920,000 $1,560,000 -18.8% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $6,015,000 $1,560,000 -74.1% 0.1%
Ally Bank $1,550,000 n/a 0.1%
FUNDLOANS CAPITAL $1,525,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $1,870,000 $1,515,000 -19.0% 0.1%
UMB Bank $1,505,000 n/a 0.1%
LENDINGONE, LLC $255,000 $1,465,000 474.5% 0.1%
FOUNDATION MORTGAGE CORPORATION $685,000 $1,445,000 110.9% 0.1%
DOMINION FINANCIAL SERVICES, LLC $345,000 $1,405,000 307.2% 0.1%
NEW DAY FINANCIAL, LLC $730,000 $1,385,000 89.7% 0.1%
Axos Bank $1,365,000 n/a 0.1%
Nations Lending Corporation $21,335,000 $1,345,000 -93.7% 0.1%
Discover Bank $1,490,000 $1,295,000 -13.1% 0.1%
BAY-VALLEY MORTGAGE GROUP $135,000 $1,250,000 825.9% 0.1%
GENEVA FINANCIAL, LLC $1,170,000 n/a 0.1%
Stifel Bank and Trust $2,485,000 $1,165,000 -53.1% 0.1%
BETTER MORTGAGE CORPORATION $1,000,000 $1,150,000 15.0% 0.1%
ADVANCIAL $680,000 $1,135,000 66.9% 0.1%
TEACHERS $1,125,000 n/a 0.1%
General Mortgage Capital Corporation $1,115,000 n/a 0.1%
NEW WAVE LENDING GROUP INC $1,110,000 n/a 0.1%
HILTON FINANCIAL CORPORATION $1,070,000 n/a 0.1%
NexBank $640,000 $1,015,000 58.6% 0.1%
LIMA ONE CAPITAL, LLC $2,775,000 $970,000 -65.0% 0.1%
VILLAGE CAPITAL MORTGAGE $965,000 n/a 0.1%
ONE NEVADA CREDIT UNION $935,000 n/a 0.1%
MORTGAGEONE, INC. $930,000 n/a 0.1%
Hometown Equity Mortgage, LLC $2,710,000 $920,000 -66.1% 0.1%
CANOPY MORTGAGE, LLC $305,000 $915,000 200.0% 0.1%
FBC MORTGAGE, LLC $905,000 n/a 0.1%
ARC HOME LLC $890,000 n/a 0.1%
MLD MORTGAGE INC. $455,000 $860,000 89.0% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $800,000 n/a 0.1%
OAKTREE FUNDING CORP. $735,000 $785,000 6.8% 0.1%
Five Points Bank $755,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $1,200,000 $755,000 -37.1% 0.1%
Territorial Savings Bank $1,365,000 $750,000 -45.1% 0.1%
University of Hawaii Federal Credit Union $730,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $705,000 n/a 0.0%
American Airlines Federal Credit Union $215,000 $660,000 207.0% 0.0%
PENTAGON FEDERAL CREDIT UNION $2,780,000 $650,000 -76.6% 0.0%
First Federal Bank $645,000 n/a 0.0%
Commerce Bank $635,000 n/a 0.0%
S1L, Inc. $325,000 $635,000 95.4% 0.0%
Firefighters First Federal Credit Union $615,000 n/a 0.0%
The Central Trust Bank $595,000 n/a 0.0%
First Western Trust Bank $875,000 $580,000 -33.7% 0.0%
NMSI, INC. $555,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $520,000 n/a 0.0%
BNY Mellon $4,715,000 $515,000 -89.1% 0.0%
Merchants Mortgage & Trust Corporation $695,000 $515,000 -25.9% 0.0%
Franklin Loan Corporation $505,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $490,000 n/a 0.0%
EVERETT FINANCIAL, INC. $310,000 $485,000 56.5% 0.0%
Farmers Bank & Trust $445,000 n/a 0.0%
SIRVA MORTGAGE, INC. $445,000 n/a 0.0%
ML Mortgage Corp. $435,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $405,000 n/a 0.0%
CASTLE & COOKE MORTGAGE, LLC $395,000 n/a 0.0%
Quontic Bank $480,000 $390,000 -18.8% 0.0%
AMERICAN FINANCING CORPORATION $105,000 $385,000 266.7% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,255,000 $385,000 -69.3% 0.0%
ALKAN MORTGAGE CORPORATION $365,000 n/a 0.0%
Farm Credit Mid-America, ACA $355,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $3,375,000 $355,000 -89.5% 0.0%
CLEARPATH LENDING $305,000 $345,000 13.1% 0.0%
INTERNATIONAL CITY MORTGAGE, INC. $345,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $765,000 $335,000 -56.2% 0.0%
North American Savings Bank, F.S.B. $315,000 n/a 0.0%
Texana Bank $295,000 n/a 0.0%
WESCOM CENTRAL CREDIT UNION $425,000 $275,000 -35.3% 0.0%
ALOHA PACIFIC $1,225,000 $270,000 -78.0% 0.0%
CORNERSTONE HOME LENDING, INC. $265,000 n/a 0.0%
ONY GLO, INC. $265,000 n/a 0.0%
CARDINAL FINANCIAL $235,000 n/a 0.0%
Bethpage Federal Credit Union $220,000 n/a 0.0%
TOWER $145,000 $205,000 41.4% 0.0%
LOANPAL, LLC $285,000 $65,000 -77.2% 0.0%

Hilo's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.0% market share. In second place, with 7.5%, is First Hawaiian Bank, having originated $107,760,000 in loans. In third place, with 5.6%, is QUICKEN LOANS, LLC, having originated $80,830,000 in loans. In fourth place, with 4.3%, is JPMorgan Chase Bank, having originated $61,320,000 in loans. In fifth place, with 4.2%, is V.I.P. MORTGAGE, INC., having originated $59,885,000 in loans.

Hilo, HI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,581 $992,035,000 $627,473
Cash Out Refi 407 $174,935,000 $429,816
Refi 354 $171,900,000 $485,593
Other 251 $67,505,000 $268,944
Home Improvement 167 $30,485,000 $182,545
NA 4 $4,020,000 $1,005,000

Hilo's most frequently cited loan purpose was Home Purchase, with 1,581 originations. The 2nd most popular reason was Cash Out Refi, with 407 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,111 $622,975,000 $560,734
7-8% 735 $357,455,000 $486,333
5-6% 435 $275,505,000 $633,345
Over 8% 434 $138,230,000 $318,502
4-5% 20 $34,830,000 $1,741,500
<2.5% 10 $1,880,000 $188,000
3-4% 5 $1,935,000 $387,000
2.5-3% 2 $1,110,000 $555,000

During 2024, Hilo's most frequently originated rate bucket was 6-7%, with 1,111 originations.

Loan Sizing (Hilo, HI MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 955 $288,555,000 $302,152
$400k-600k 582 $280,110,000 $481,289
$600k-1000k 412 $311,910,000 $757,063
$100k-200k 360 $53,390,000 $148,306
$100,000 or less 238 $14,030,000 $58,950
$Over $1MM 217 $492,885,000 $2,271,359

Hilo's loan sizing saw the bucket of loans from $200k-400k with 955 originations, totaling $288,555,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 808 $458,570,000 $567,537
60-80% 777 $525,915,000 $676,853
40-60% 398 $271,390,000 $681,884
20-40% 337 $92,975,000 $275,890
Under 20% 335 $36,955,000 $110,313
Over 100% 48 $28,360,000 $590,833

Hilo's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 808 originations, totaling $458,570,000 in origination value.