Hilo Mortgage Rates

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

30 Year Fixed Rate mortgages in Hilo averaged 5.71% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 5.82% and one month ago for the week of 2022-05-26, the average rate was 5.11%.

Hilo's average rate one year ago was 3.11%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.58%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Hilo 30 Year Fixed Rate 2022-06-30 5.71%
Hilo 30 Year Fixed Rate Refi 2022-06-30 5.58%
Hilo 15 Year Fixed Rate 2022-06-30 4.94%
Hilo 15 Year Fixed Rate Refi 2022-06-30 4.84%
Hilo 30 Year FHA 2022-06-30 5.55%
Hilo 30 Year FHA Refi 2022-06-30 5.74%
Hilo 30 Year USDA 2022-06-30 5.4%
Hilo 30 Year USDA Refi 2022-06-30 5.42%
Hilo 30 Year VA 2022-06-30 5.73%
Hilo 30 Year VA Refi 2022-06-30 5.4%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 527 2.98% $6,519
V.I.P. MORTGAGE, INC. 433 3.12% $6,672
UNITED WHOLESALE MORTGAGE, LLC 301 2.97% $6,419
LOANDEPOT.COM, LLC 265 2.86% $6,647
First Hawaiian Bank 218 3.24% $9,446
Bank of Hawaii 179 2.96% $11,266
PREMIER MORTGAGE RESOURCES, L.L.C. 146 3.28% $6,623
ACADEMY MORTGAGE CORPORATION 143 3.17% $5,660
HOMEBRIDGE FINANCIAL SERVICES, INC. 135 3.18% $7,327
AMERISAVE MORTGAGE CORPORATION 125 2.78% $6,657
CALIBER HOME LOANS, INC. 123 3.08% $4,925
American Savings Bank, FSB 112 2.88% $8,900
PLAZA HOME MORTGAGE, INC. 107 2.98% $6,437
Wells Fargo Bank 106 2.89% $5,670
Central Pacific Bank 92 3.17% $5,458
GUARANTEED RATE, INC. 92 3.02% $6,875
MID AMERICA MORTGAGE, INC. 86 3.25% $5,171
HOME POINT FINANCIAL CORPORATION 80 2.98% $5,796
Flagstar Bank, FSB 67 3.15% $6,085
FREEDOM MORTGAGE CORPORATION 67 3.09% $4,640
NBKC BANK 52 2.88% $3,927
GUILD MORTGAGE COMPANY 50 3.13% $6,634
JPMorgan Chase Bank 48 2.77% $7,137
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 47 3.15% $5,531
PENNYMAC LOAN SERVICES, LLC 45 2.96% $7,008
Mr. Cooper ( Nationstar Mortgage ) 41 3.08% $6,428
AMERICAN PACIFIC MORTGAGE CORPORATION 38 3.10% $4,782
PACIFIC HOME LOANS, INC. 37 3.02% $5,192
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 35 3.06% $7,923
First Republic Bank 31 2.75% $10,659
Bank of America 30 2.80% $5,469
SECURITYNATIONAL MORTGAGE COMPANY 30 3.51% $12,075
U.S. Bank 30 2.79% $8,080
CROSSCOUNTRY MORTGAGE, LLC 27 3.09% $6,288
CITYWIDE HOME LOANS, LLC 26 3.16% $5,834
MANN FINANCIAL INC. 25 3.05% $6,604
AMERICAN FINANCIAL NETWORK, INC. 25 3.22% $10,949
NAVY FEDERAL CREDIT UNION 25 3.24% $6,214
HighTechLending Inc 23 3.05% $9,170
North American Savings Bank, F.S.B. 20 2.74% $3,501
Nations Lending Corporation 18 2.93% $12,250
Morgan Stanley Private Bank 18 2.53% $7,225
FINANCE OF AMERICA MORTGAGE LLC 17 3.24% $7,154
Home Mortgage Alliance Corp 17 3.35% $7,909
STEARNS LENDING, LLC 16 2.94% $6,486
The Federal Savings Bank 13 3.10% $8,016
PNC Bank 13 2.90% $7,556
HomeStreet Bank 13 3.21% $4,773
KELLER MORTGAGE, LLC 13 3.12% $4,325
Citibank 13 2.81% $8,182
SUN WEST MORTGAGE COMPANY, INC. 11 3.16% $7,122
CMG MORTGAGE, INC. 11 3.04% $7,100
HAWAIIUSA FEDERAL CREDIT UNION 10 3.35% $4,184
NEWREZ LLC 10 2.97% $5,270
MOVEMENT MORTGAGE, LLC 9 3.19% $6,802
ROUNDPOINT MORTGAGE SERVICING CORPORATION 8 3.12% $5,758
Charles Schwab Bank, SSB 8 2.08% $7,003
SOVEREIGN LENDING GROUP INCORPORATED 8 2.93% $7,226
MASON MCDUFFIE MORTGAGE CORPORATION 7 3.00% $6,225
CELEBRITY HOME LOANS, LLC 7 3.16% $7,570
City National Bank 7 2.73% $9,082
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 3.03% $7,848
UBS Bank USA 7 2.61% $11,115
Paramount Residential Mortgage Group, Inc. 7 3.09% $5,197
COMPASS HOME LOANS, LLC 7 3.02% $8,770
Strong Home Mortgage, LLC 7 2.91% $2,644
Territorial Savings Bank 6 2.77% $7,225
Axos Bank 6 2.87% $3,786
Carrington Mortgage Services, LLC 6 3.62% $7,871
KeyBank 6 2.60% $14,058
LAND HOME FINANCIAL SERVICES, INC. 6 3.02% $4,222
MUTUAL OF OMAHA MORTGAGE, INC. 6 2.81% $4,454
Quontic Bank 6 5.69% $27,340
HAWAIIAN FINANCIAL 5 2.80% $5,268
First Home Bank 5 3.30% $9,572
PENTAGON FEDERAL CREDIT UNION 5 2.65% $6,201
AMERICAN FINANCING CORPORATION 5 3.23% $5,346
SUMMIT FUNDING, INC. 5 3.07% $8,783
DAS Acquisition Company, LLC 4 3.19% $7,476
Umpqua Bank 4 3.06% $9,062
LENDUS, LLC 4 3.16% $7,844
INTERNATIONAL CITY MORTGAGE, INC. 4 2.75% $4,290
AXIA FINANCIAL, LLC 3 3.17% $6,227
IMPAC MORTGAGE CORP. 3 3.25% $1,773
First Western Trust Bank 3 2.58% $4,674
Baxter Credit Union 3 2.83% $3,722
Evolve Bank & Trust 3 3.00% $4,061
Silicon Valley Bank 3 2.54% $5,690
Northpointe Bank 3 3.58% $11,242
Arvest Bank 3 3.08% $4,200
University of Hawaii Federal Credit Union 3 2.25% $6,852
ALOHA PACIFIC 3 2.96% $4,915
JMJ FINANCIAL GROUP 3 3.58% $5,494
Colonial Savings, F.A. 3 3.17% $7,655
GENEVA FINANCIAL, LLC 3 3.63% $8,587
FUNDLOANS CAPITAL 3 3.83% $23,294
RBC Bank, (Georgia) 3 3.17% $4,598
Willamette Valley Bank 2 3.50% $5,352
Comerica Bank 2 2.88% $11,372
Raymond James Bank 2 2.44% $7,181
Watermark Capital, Inc. 2 2.81% $3,647
BAY EQUITY LLC 2 3.00% $8,694
ALLIANT CREDIT UNION 2 3.06% $4,571
Manufacturers and Traders Trust Company 2 2.88% $4,702
Goldman Sachs Bank USA 2 2.65% $11,899
Mortgage Bank of California 2 5.06% $20,707
Mortgage Research Center, LLC 2 3.00% $5,262
Magnolia Bank 2 2.93% $8,392
BMO Harris Bank 2 2.50% $17,675
OCMBC, INC. 2 3.87% $6,064
TIAA, FSB 2 2.81% $6,314
HAWAII STATE FEDERAL CREDIT UNION 2 2.81% $7,330
The Central Trust Bank 2 2.63% $3,879
BNY Mellon 2 2.44% $9,056
Bank of England 2 3.06% $6,868
Stifel Bank and Trust 2 2.81% $2,996
American Mortgage and Insurance Inc. 1 3.63% $1,995
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.13% $5,533
LOANPAL, LLC 1 3.63% $6,360
MATANUSKA VALLEY FEDERAL CREDIT UNION 1 3.38% $6,943
Franklin Loan Corporation 1 2.75% $4,093
NATIONS RELIABLE LENDING, LLC 1 3.38% $3,433
First Internet Bank of Indiana 1 2.75% $4,534
Northwest Farm Credit Services, FLCA 1 3.40% $26,442
Origin Bank 1 3.50% $5,951
Paramount Bank 1 3.00% $5,410
City Bank 1 4.25% $5,135
CITIZENS EQUITY FIRST 1 2.63% $3,526
Cf Bank 1 2.75% $2,789
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.25% $5,229
CALCULATED RISK ANALYTICS LLC 1 3.25% $5,905
Zions Bancorporation, N.A. 1 3.00% $2,992
Reliant Bank 1 5.38% $5,810
SIRVA MORTGAGE, INC. 1 3.38% $1,616
SKYONE Federal Credit Union 1 2.63% $15,723
STANFORD Federal Credit Union 1 3.25% $6,922
STAR ONE CREDIT UNION 1 3.88% $3,389
Barrington Bank & Trust Company, N.A. 1 3.25% $4,409
Atlantic Union Bank 1 3.50% $7,070
The Huntington National Bank 1 3.00% $8,815
Toyota Financial Savings Bank 1 2.88% $17,568
Ameris Bank 1 2.88% $3,665
United Nations Federal Credit Union 1 2.38% $8,756
USAA Federal Savings Bank 1 3.00% $2,591
Washington Trust Bank 1 3.38% $3,383
KINECTA 1 3.00% $9,963

Hilo, HI's 146 lenders originated 8,096 loans during 2021. The total origination value was $3,507,040,000, with an average loan value of $433,182.

The top Hilo lender as defined by loan originations is QUICKEN LOANS, LLC, with 527 loans originated. Their average total fees are $6,519, which is $153 lower than the next largest lender, V.I.P. MORTGAGE, INC..

The lowest fee Hilo lenders (with over 10 loans originated) are North American Savings Bank, F.S.B. ($3,501), NBKC BANK ($3,927), HAWAIIUSA FEDERAL CREDIT UNION ($4,184), KELLER MORTGAGE, LLC ($4,325) and FREEDOM MORTGAGE CORPORATION ($4,640).

The lowest rate Hilo lenders (with over 10 loans originated) are Morgan Stanley Private Bank (2.53%), North American Savings Bank, F.S.B. (2.74%), First Republic Bank (2.75%), JPMorgan Chase Bank (2.77%) and AMERISAVE MORTGAGE CORPORATION (2.78%).

Hilo, HI Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $244,080,000 $258,320,000 5.8% 7.4%
Bank of Hawaii $177,065,000 $224,625,000 26.9% 6.4%
V.I.P. MORTGAGE, INC. $167,080,000 $216,605,000 29.6% 6.2%
UNITED WHOLESALE MORTGAGE, LLC $114,245,000 $169,845,000 48.7% 4.8%
First Hawaiian Bank $124,665,000 $159,050,000 27.6% 4.5%
LOANDEPOT.COM, LLC $108,480,000 $157,580,000 45.3% 4.5%
JPMorgan Chase Bank $57,980,000 $131,580,000 126.9% 3.8%
First Republic Bank $52,930,000 $110,555,000 108.9% 3.2%
MID AMERICA MORTGAGE, INC. $102,575,000 $101,215,000 -1.3% 2.9%
FREEDOM MORTGAGE CORPORATION $101,625,000 $99,245,000 -2.3% 2.8%
Wells Fargo Bank $121,140,000 $94,745,000 -21.8% 2.7%
American Savings Bank, FSB $80,060,000 $91,915,000 14.8% 2.6%
HOMEBRIDGE FINANCIAL SERVICES, INC. $122,795,000 $90,085,000 -26.6% 2.6%
PREMIER MORTGAGE RESOURCES, L.L.C. $59,470,000 $77,470,000 30.3% 2.2%
Central Pacific Bank $66,385,000 $68,335,000 2.9% 1.9%
Bank of America $68,640,000 $64,860,000 -5.5% 1.8%
AMERISAVE MORTGAGE CORPORATION $28,820,000 $64,770,000 124.7% 1.8%
GUARANTEED RATE, INC. $20,435,000 $64,320,000 214.8% 1.8%
ACADEMY MORTGAGE CORPORATION $32,695,000 $60,425,000 84.8% 1.7%
CALIBER HOME LOANS, INC. $52,415,000 $58,985,000 12.5% 1.7%
U.S. Bank $33,120,000 $57,070,000 72.3% 1.6%
HOME POINT FINANCIAL CORPORATION $20,235,000 $48,170,000 138.1% 1.4%
PLAZA HOME MORTGAGE, INC. $73,995,000 $46,450,000 -37.2% 1.3%
PENNYMAC LOAN SERVICES, LLC $22,100,000 $44,965,000 103.5% 1.3%
Citibank $53,380,000 $40,925,000 -23.3% 1.2%
Morgan Stanley Private Bank $16,965,000 $39,535,000 133.0% 1.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $41,115,000 $38,685,000 -5.9% 1.1%
Flagstar Bank, FSB $38,810,000 $38,290,000 -1.3% 1.1%
NBKC BANK $29,285,000 $31,600,000 7.9% 0.9%
Mortgage Research Center, LLC $17,365,000 $28,355,000 63.3% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $14,835,000 $27,400,000 84.7% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $26,710,000 $24,375,000 -8.7% 0.7%
UBS Bank USA $11,245,000 $23,425,000 108.3% 0.7%
NAVY FEDERAL CREDIT UNION $16,620,000 $22,495,000 35.3% 0.6%
GUILD MORTGAGE COMPANY $13,160,000 $21,925,000 66.6% 0.6%
SECURITYNATIONAL MORTGAGE COMPANY $7,895,000 $19,930,000 152.4% 0.6%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $17,610,000 $19,180,000 8.9% 0.5%
PACIFIC HOME LOANS, INC. $4,635,000 $17,255,000 272.3% 0.5%
City National Bank $15,560,000 $16,950,000 8.9% 0.5%
CITYWIDE HOME LOANS, LLC $8,030,000 $16,950,000 111.1% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $3,920,000 $16,555,000 322.3% 0.5%
BMO Harris Bank $4,350,000 $15,110,000 247.4% 0.4%
North American Savings Bank, F.S.B. $10,975,000 $14,805,000 34.9% 0.4%
Finance Factors, Limited $17,325,000 $14,215,000 -18.0% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $16,995,000 $13,280,000 -21.9% 0.4%
CASTLE & COOKE MORTGAGE, LLC $15,160,000 $12,845,000 -15.3% 0.4%
HighTechLending Inc $14,420,000 $12,305,000 -14.7% 0.4%
Charles Schwab Bank, SSB $6,665,000 $11,740,000 76.1% 0.3%
STEARNS LENDING, LLC $6,465,000 $11,725,000 81.4% 0.3%
KeyBank $11,720,000 n/a 0.3%
FINANCE OF AMERICA MORTGAGE LLC $5,975,000 $11,470,000 92.0% 0.3%
SUN WEST MORTGAGE COMPANY, INC. $2,970,000 $11,420,000 284.5% 0.3%
PNC Bank $9,400,000 $11,280,000 20.0% 0.3%
The Federal Savings Bank $18,100,000 $10,890,000 -39.8% 0.3%
MANN FINANCIAL INC. $3,660,000 $10,605,000 189.8% 0.3%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $9,500,000 n/a 0.3%
Nations Lending Corporation $7,225,000 $9,195,000 27.3% 0.3%
Wintrust Bank, N.A. $8,995,000 n/a 0.3%
Silicon Valley Bank $8,985,000 n/a 0.3%
LAND HOME FINANCIAL SERVICES, INC. $10,800,000 $8,260,000 -23.5% 0.2%
Toyota Financial Savings Bank $1,215,000 $7,005,000 476.5% 0.2%
CMG MORTGAGE, INC. $3,365,000 $6,960,000 106.8% 0.2%
HomeStreet Bank $4,295,000 $6,915,000 61.0% 0.2%
Umpqua Bank $10,035,000 $6,795,000 -32.3% 0.2%
NEWREZ LLC $6,570,000 n/a 0.2%
Home Mortgage Alliance Corp $6,525,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $4,765,000 $6,300,000 32.2% 0.2%
Washington Trust Bank $6,100,000 n/a 0.2%
CELEBRITY HOME LOANS, LLC $5,850,000 n/a 0.2%
Axos Bank $6,085,000 $5,785,000 -4.9% 0.2%
PENTAGON FEDERAL CREDIT UNION $3,800,000 $5,515,000 45.1% 0.2%
NEW DAY FINANCIAL, LLC $5,470,000 $5,470,000 0.0% 0.2%
Carrington Mortgage Services, LLC $5,365,000 $5,415,000 0.9% 0.2%
KELLER MORTGAGE, LLC $8,595,000 $5,310,000 -38.2% 0.2%
Quontic Bank $5,260,000 n/a 0.1%
LENDUS, LLC $5,600,000 $5,160,000 -7.9% 0.1%
HAWAIIUSA FEDERAL CREDIT UNION $4,475,000 $4,880,000 9.1% 0.1%
Goldman Sachs Bank USA $45,995,000 $4,750,000 -89.7% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $1,520,000 $4,675,000 207.6% 0.1%
USAA Federal Savings Bank $13,395,000 $4,610,000 -65.6% 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $4,360,000 n/a 0.1%
COMPASS HOME LOANS, LLC $7,155,000 $4,285,000 -40.1% 0.1%
Strong Home Mortgage, LLC $4,280,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $3,395,000 $4,200,000 23.7% 0.1%
Barrington Bank & Trust Company, N.A. $2,935,000 $4,135,000 40.9% 0.1%
Comerica Bank $4,100,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,870,000 $4,055,000 41.3% 0.1%
CIVIC FINANCIAL SERVICES, LLC $5,795,000 $3,990,000 -31.1% 0.1%
Hometown Equity Mortgage, LLC $3,730,000 n/a 0.1%
Greenbox Loans, Inc. $3,645,000 n/a 0.1%
BM Real Estate Services, Inc. $1,085,000 $3,565,000 228.6% 0.1%
ALOHA PACIFIC $3,415,000 n/a 0.1%
BNY Mellon $7,600,000 $3,410,000 -55.1% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,600,000 $3,190,000 -11.4% 0.1%
Paramount Residential Mortgage Group, Inc. $3,085,000 $3,120,000 1.1% 0.1%
CLEARPATH LENDING $6,740,000 $3,090,000 -54.2% 0.1%
AMERICAN FINANCING CORPORATION $1,445,000 $3,080,000 113.1% 0.1%
SUMMIT FUNDING, INC. $2,080,000 $2,990,000 43.8% 0.1%
REVERSE MORTGAGE FUNDING LLC $2,845,000 n/a 0.1%
First Home Bank $2,005,000 $2,745,000 36.9% 0.1%
FUNDLOANS CAPITAL $2,535,000 n/a 0.1%
HAWAIIAN FINANCIAL $3,080,000 $2,495,000 -19.0% 0.1%
First Foundation Bank $2,425,000 n/a 0.1%
Raymond James Bank $2,320,000 n/a 0.1%
HAWAII STATE FEDERAL CREDIT UNION $7,115,000 $2,150,000 -69.8% 0.1%
Territorial Savings Bank $3,100,000 $2,145,000 -30.8% 0.1%
UMB Bank $2,080,000 n/a 0.1%
Community First National Bank $1,525,000 $2,035,000 33.4% 0.1%
Northwest Farm Credit Services, FLCA $3,270,000 $2,005,000 -38.7% 0.1%
Mortgage Bank of California $1,965,000 n/a 0.1%
RBC Bank, (Georgia) $4,165,000 $1,935,000 -53.5% 0.1%
TIAA, FSB $3,625,000 $1,840,000 -49.2% 0.1%
Northpointe Bank $2,025,000 $1,825,000 -9.9% 0.1%
The Bennington State Bank $1,795,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,935,000 $1,790,000 -7.5% 0.1%
LINKBANK $1,705,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $860,000 $1,700,000 97.7% 0.0%
KINECTA $1,685,000 n/a 0.0%
Ameris Bank $5,270,000 $1,670,000 -68.3% 0.0%
Baxter Credit Union $385,000 $1,670,000 333.8% 0.0%
GENEVA FINANCIAL, LLC $1,670,000 n/a 0.0%
The Central Trust Bank $1,655,000 n/a 0.0%
DAS Acquisition Company, LLC $1,605,000 n/a 0.0%
AMERICAN ADVISORS GROUP $2,055,000 $1,600,000 -22.1% 0.0%
Stifel Bank and Trust $3,710,000 $1,555,000 -58.1% 0.0%
INTERNATIONAL CITY MORTGAGE, INC. $305,000 $1,550,000 408.2% 0.0%
AXIA FINANCIAL, LLC $650,000 $1,505,000 131.5% 0.0%
BAY EQUITY LLC $930,000 $1,495,000 60.8% 0.0%
Arvest Bank $205,000 $1,475,000 619.5% 0.0%
IMPAC MORTGAGE CORP. $1,780,000 $1,475,000 -17.1% 0.0%
First Western Trust Bank $1,385,000 $1,455,000 5.1% 0.0%
BOKF $355,000 $1,395,000 293.0% 0.0%
JMJ FINANCIAL GROUP $1,380,000 $1,375,000 -0.4% 0.0%
Bank of England $2,145,000 $1,330,000 -38.0% 0.0%
CALCON MUTUAL MORTGAGE LLC $1,175,000 n/a 0.0%
ADVANCIAL $1,140,000 n/a 0.0%
Colonial Savings, F.A. $1,365,000 $1,080,000 -20.9% 0.0%
OCMBC, INC. $555,000 $1,080,000 94.6% 0.0%
University of Hawaii Federal Credit Union $760,000 $1,010,000 32.9% 0.0%
Atlantic Union Bank $990,000 n/a 0.0%
Watermark Capital, Inc. $1,955,000 $990,000 -49.4% 0.0%
American Mortgage and Insurance Inc. $1,245,000 $985,000 -20.9% 0.0%
Magnolia Bank $2,290,000 $965,000 -57.9% 0.0%
Farmers Bank & Trust $960,000 n/a 0.0%
ALLIANT CREDIT UNION $450,000 $935,000 107.8% 0.0%
Manufacturers and Traders Trust Company $865,000 n/a 0.0%
The Huntington National Bank $1,845,000 $860,000 -53.4% 0.0%
Origin Bank $855,000 n/a 0.0%
Evolve Bank & Trust $215,000 $835,000 288.4% 0.0%
United Nations Federal Credit Union $1,300,000 $775,000 -40.4% 0.0%
LENDSURE MORTGAGE CORP. $710,000 n/a 0.0%
BankPlus $705,000 n/a 0.0%
CALCULATED RISK ANALYTICS LLC $705,000 n/a 0.0%
STAR ONE CREDIT UNION $1,235,000 $685,000 -44.5% 0.0%
MATANUSKA VALLEY FEDERAL CREDIT UNION $675,000 n/a 0.0%
MLD MORTGAGE INC. $660,000 $675,000 2.3% 0.0%
SIRVA MORTGAGE, INC. $615,000 n/a 0.0%
JAYCO PREMIUM FINANCE OF CALIFORNIA, INC. $605,000 n/a 0.0%
LOS ANGELES POLICE Federal Credit Union $575,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $255,000 $560,000 119.6% 0.0%
PLANET HOME LENDING, LLC $535,000 n/a 0.0%
HICKAM $525,000 n/a 0.0%
Zions Bancorporation, N.A. $525,000 n/a 0.0%
SKYONE Federal Credit Union $505,000 n/a 0.0%
Discover Bank $875,000 $500,000 -42.9% 0.0%
Willamette Valley Bank $535,000 $480,000 -10.3% 0.0%
NATIONS RELIABLE LENDING, LLC $470,000 n/a 0.0%
Citadel Servicing Corporation $445,000 n/a 0.0%
STANFORD Federal Credit Union $445,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $765,000 $440,000 -42.5% 0.0%
Presidential Bank, FSB $435,000 n/a 0.0%
Cf Bank $415,000 n/a 0.0%
Low VA Rates, LLC $1,455,000 $410,000 -71.8% 0.0%
City Bank $365,000 n/a 0.0%
F&A Federal Credit Union $355,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $355,000 n/a 0.0%
Utah Power $355,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $335,000 n/a 0.0%
Franklin Loan Corporation $315,000 n/a 0.0%
Firefighters First Federal Credit Union $860,000 $305,000 -64.5% 0.0%
First Internet Bank of Indiana $590,000 $305,000 -48.3% 0.0%
First Savings Bank $475,000 $305,000 -35.8% 0.0%
Reliant Bank $305,000 n/a 0.0%
ATHAS CAPITAL GROUP, INC. $600,000 $275,000 -54.2% 0.0%
LOANPAL, LLC $275,000 n/a 0.0%
CHEVRON $265,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $255,000 n/a 0.0%
Austin Capital Bank SSB $245,000 n/a 0.0%
Congressional Bank $245,000 n/a 0.0%
First Federal Bank $2,105,000 $245,000 -88.4% 0.0%
Visio Financial Services Inc. $215,000 n/a 0.0%
CITIZENS EQUITY FIRST $205,000 n/a 0.0%
Plains Commerce Bank $165,000 $205,000 24.2% 0.0%
Gate City Bank $195,000 n/a 0.0%
Paramount Bank $315,000 $195,000 -38.1% 0.0%
American Airlines Federal Credit Union $170,000 n/a 0.0%
UNIFY FINANCIAL Credit Union $155,000 $155,000 0.0% 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $105,000 n/a 0.0%

Hilo's top lender by overall market share is QUICKEN LOANS, LLC, with 7.4% market share. In second place, with 6.4%, is Bank of Hawaii, having originated $224,625,000 in loans. In third place, with 6.2%, is V.I.P. MORTGAGE, INC., having originated $216,605,000 in loans. In third place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $169,845,000 in loans. In third place, with 4.5%, is First Hawaiian Bank, having originated $159,050,000 in loans.


Hilo, HI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 3,019 $1,107,505,000 $366,845
Home Purchase 2,985 $1,506,265,000 $504,611
Cash Out Refi 1,572 $620,850,000 $394,943
Other 297 $216,975,000 $730,556
Home Improvement 223 $55,445,000 $248,632

Hilo's most frequently cited loan purpose was Refi, with 3,019 originations. The 2nd most popular reason was Home Purchase, with 2,985 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 3,400 $1,469,680,000 $432,259
3-4% 2,280 $965,280,000 $423,368
<2.5% 2,108 $948,580,000 $449,991
4-5% 217 $68,735,000 $316,751
5-6% 22 $12,160,000 $552,727
7-8% 15 $4,835,000 $322,333
Over 8% 10 $2,300,000 $230,000
6-7% 9 $7,225,000 $802,778

During 2021, Hilo's most frequently originated rate bucket was 2.5-3%, with 3,400 originations.

Loan Sizing (Hilo, HI MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 3,692 $1,067,450,000 $289,125
$400k-600k 1,709 $823,285,000 $481,735
$100k-200k 1,274 $198,100,000 $155,495
$600k-1000k 831 $603,475,000 $726,203
$Over $1MM 324 $797,290,000 $2,460,772
$100,000 or less 266 $17,440,000 $65,564

Hilo's loan sizing saw the bucket of loans from $200k-400k with 3,692 originations, totaling $1,067,450,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 2,850 $1,412,470,000 $495,604
80-100% 2,061 $863,405,000 $418,925
40-60% 1,743 $810,955,000 $465,264
20-40% 821 $231,665,000 $282,174
Under 20% 259 $29,135,000 $112,490
Over 100% 84 $45,290,000 $539,167

Hilo's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 2,850 originations, totaling $1,412,470,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Hilo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $540,944 (1.2%) $1,081,146 (4.6%) 1.99 1,404
2018-02-01 $532,500 (0.7%) $1,071,928 (5.5%) 1.92 1,440
2018-03-01 $525,000 (0.0%) $1,075,973 (8.3%) 1.82 1,362
2018-04-01 $525,000 (-0.8%) $1,026,523 (0.8%) 1.76 1,329
2018-05-01 $527,000 (5.6%) $1,039,593 (1.4%) 1.76 1,296
2018-06-01 $525,000 (4.5%) $1,046,756 (2.4%) 1.75 1,328
2018-07-01 $532,000 (1.3%) $1,049,988 (2.6%) 1.77 1,332
2018-08-01 $525,000 (0.6%) $1,050,404 (-2.4%) 1.75 1,331
2018-09-01 $519,000 (2.8%) $1,029,602 (-3.6%) 1.74 1,319
2018-10-01 $501,950 (0.6%) $981,748 (-4.9%) 1.68 1,336
2018-11-01 $498,500 (0.3%) $956,388 (-5.6%) 1.67 1,407
2018-12-01 $519,000 (0.0%) $1,010,847 (-1.1%) 1.78 1,464
2019-01-01 $525,000 (-3.0%) $1,028,641 (-4.9%) 1.81 1,542
2019-02-01 $519,000 (-2.5%) $1,046,121 (-2.4%) 1.74 1,572
2019-03-01 $508,714 (-3.1%) $1,047,110 (-2.7%) 1.66 1,555
2019-04-01 $492,000 (-6.3%) $1,043,175 (1.6%) 1.55 1,541
2019-05-01 $479,450 (-9.0%) $1,045,956 (0.6%) 1.48 1,507
2019-06-01 $470,000 (-10.5%) $1,034,103 (-1.2%) 1.45 1,496
2019-07-01 $469,000 (-11.8%) $1,027,294 (-2.2%) 1.46 1,460
2019-08-01 $448,571 (-14.6%) $1,028,449 (-2.1%) 1.41 1,452
2019-09-01 $437,500 (-15.7%) $1,023,009 (-0.6%) 1.39 1,430
2019-10-01 $447,000 (-11.0%) $1,037,037 (5.6%) 1.43 1,396
2019-11-01 $450,000 (-9.7%) $1,062,977 (11.1%) 1.45 1,427
2019-12-01 $447,000 (-13.9%) $1,054,642 (4.3%) 1.49 1,417
2020-01-01 $462,000 (-12.0%) $1,088,468 (5.8%) 1.54 1,362
2020-02-01 $460,000 (-11.4%) $1,101,382 (5.3%) 1.48 1,346
2020-03-01 $450,000 (-11.5%) $1,085,300 (3.7%) 1.41 1,368
2020-04-01 $425,000 (-13.6%) $1,004,957 (-3.7%) 1.32 1,307
2020-05-01 $450,000 (-6.1%) $1,025,246 (-2.0%) 1.36 1,289
2020-06-01 $468,750 (-0.3%) $1,044,069 (1.0%) 1.37 1,272
2020-07-01 $464,000 (-1.1%) $1,092,502 (6.4%) 1.33 1,183
2020-08-01 $450,000 (0.3%) $1,121,440 (9.0%) 1.29 1,129
2020-09-01 $499,000 (14.1%) $1,221,418 (19.4%) 1.43 1,022
2020-10-01 $499,000 (11.6%) $1,281,596 (23.6%) 1.43 996
2020-11-01 $505,000 (12.2%) $1,296,984 (22.0%) 1.45 944
2020-12-01 $517,000 (15.7%) $1,353,149 (28.3%) 1.52 888
2021-01-01 $525,000 (13.6%) $1,355,088 (24.5%) 1.54 799
2021-02-01 $504,450 (9.7%) $1,397,644 (26.9%) 1.45 637
2021-03-01 $507,000 (12.7%) $1,484,723 (36.8%) 1.42 536
2021-04-01 $509,000 (19.8%) $1,378,245 (37.1%) 1.37 508
2021-05-01 $554,900 (23.3%) $1,273,664 (24.2%) 1.46 448
2021-06-01 $587,500 (25.3%) $1,335,497 (27.9%) 1.53 431
2021-07-01 $597,000 (28.7%) $1,341,237 (22.8%) 1.55 395
2021-08-01 $564,500 (25.4%) $1,235,259 (10.2%) 1.48 430
2021-09-01 $589,250 (18.1%) $1,174,987 (-3.8%) 1.55 489
2021-10-01 $575,000 (15.2%) $1,228,764 (-4.1%) 1.51 484
2021-11-01 $567,000 (12.3%) $1,422,529 (9.7%) 1.49 462
2021-12-01 $550,000 (6.4%) $1,375,875 (1.7%) 1.47 451
2022-01-01 $550,000 (4.8%) $1,542,954 (13.9%) 1.47 430
2022-02-01 $549,450 (8.9%) $1,510,161 (8.1%) 1.40 423
2022-03-01 $549,000 (8.3%) $1,474,269 (-0.7%) 1.36 434
2022-04-01 $550,000 (8.1%) $1,486,293 (7.8%) 1.29 424
2022-05-01 $611,956 (10.3%) $1,425,516 (11.9%) 1.37 479
2022-06-01 $650,000 (10.6%) $1,352,511 (1.3%) 1.44 556
Hilo's median listing price for 2022-06-01 was $650,000, a difference of $62,500 (10.6%) versus the prior year and $38,044 versus the prior month.

Hilo's median listing price comes in at 144% of the national average.

Hilo's average listing price for 2022-06-01 was $1,352,511, a difference of $17,014 (1.3%) versus the prior year and $-73,005 versus the prior month.

For the 2022-06-01 period, Hilo had 556 MLS listings, a difference of 77 listings (16%) versus the prior month and 125 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hilo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 106 days 1,594 sqft
2018-02-01 101 days 1,585 sqft
2018-03-01 101 days 1,584 sqft
2018-04-01 96 days 1,579 sqft
2018-05-01 101 days 1,575 sqft
2018-06-01 102 days 1,584 sqft
2018-07-01 105 days 1,592 sqft
2018-08-01 109 days 1,588 sqft
2018-09-01 107 days 1,590 sqft
2018-10-01 106 days 1,582 sqft
2018-11-01 100 days 1,578 sqft
2018-12-01 95 days 1,589 sqft
2019-01-01 90 days 1,593 sqft
2019-02-01 90 days 1,600 sqft
2019-03-01 88 days 1,601 sqft
2019-04-01 92 days 1,602 sqft
2019-05-01 94 days 1,594 sqft
2019-06-01 99 days 1,584 sqft
2019-07-01 63 days 1,584 sqft
2019-08-01 104 days 1,563 sqft
2019-09-01 103 days 1,536 sqft
2019-10-01 101 days 1,548 sqft
2019-11-01 100 days 1,556 sqft
2019-12-01 100 days 1,538 sqft
2020-01-01 99 days 1,538 sqft
2020-02-01 98 days 1,552 sqft
2020-03-01 92 days 1,516 sqft
2020-04-01 93 days 1,476 sqft
2020-05-01 97 days 1,488 sqft
2020-06-01 106 days 1,498 sqft
2020-07-01 111 days 1,532 sqft
2020-08-01 93 days 1,525 sqft
2020-09-01 88 days 1,516 sqft
2020-10-01 87 days 1,512 sqft
2020-11-01 84 days 1,485 sqft
2020-12-01 81 days 1,483 sqft
2021-01-01 88 days 1,516 sqft
2021-02-01 87 days 1,519 sqft
2021-03-01 75 days 1,533 sqft
2021-04-01 57 days 1,504 sqft
2021-05-01 52 days 1,568 sqft
2021-06-01 50 days 1,556 sqft
2021-07-01 54 days 1,538 sqft
2021-08-01 44 days 1,482 sqft
2021-09-01 38 days 1,518 sqft
2021-10-01 44 days 1,460 sqft
2021-11-01 56 days 1,482 sqft
2021-12-01 55 days 1,462 sqft
2022-01-01 52 days 1,472 sqft
2022-02-01 53 days 1,426 sqft
2022-03-01 40 days 1,410 sqft
2022-04-01 42 days 1,428 sqft
2022-05-01 38 days 1,419 sqft
2022-06-01 41 days 1,432 sqft
Hilo's median listing age (time on market) for 2022-06-01 was 41 days. This is -17% shorter than the same period one year ago.

Hilo's median square footage for active listings during the 2022-06-01 period was 1,432 sqft. One year prior, the average listing was 1,556 sqft.