Hawaii Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hawaii averaged
6.96%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.67% and
one month ago for the week of 2025-02-27, the
average rate was 6.78%.
Hawaii's average rate one year ago was 6.71%.
For refis of the same type during the week of 2025-04-03, the average rate
was 6.56%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Hawaii 30 Year Fixed Rate | 2025-04-03 | 6.96% |
| Hawaii 30 Year Fixed Rate Refi | 2025-04-03 | 6.56% |
| Hawaii 15 Year Fixed Rate | 2025-04-03 | 6.25% |
| Hawaii 15 Year Fixed Rate Refi | 2025-04-03 | 6.32% |
| Hawaii 30 Year FHA | 2025-04-03 | 6.1% |
| Hawaii 30 Year FHA Refi | 2025-04-03 | 6.16% |
| Hawaii 30 Year USDA | 2025-04-03 | 6.12% |
| Hawaii 30 Year USDA Refi | 2025-04-03 | 6.12% |
| Hawaii 30 Year VA | 2025-04-03 | 5.91% |
| Hawaii 30 Year VA Refi | 2025-04-03 | 5.54% |
Hawaii 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 Hawaii 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.).
Hawaii Average Closing Costs & Other Stats
Hawaii's 162 lenders originated 16,070
loans during 2024. The total origination value was $9,260,410,000, with an average loan value of
$576,255.
Hawaii's average closing costs are $9,842.
The top Hawaii lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
577 loans originated. Their average total fees are
$12,633, which is $1,492
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Hawaii lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,034), DHI MORTGAGE COMPANY, LTD. ($5,283), Stifel Bank and Trust ($5,300), Morgan Stanley Private Bank ($5,762) and Charles Schwab Bank, SSB ($5,841).
The lowest rate Hawaii lenders (with over 10 loans originated) are
Raymond James Bank (5.73%), DHI MORTGAGE COMPANY, LTD. (5.75%), Bank of America (5.88%), University of Hawaii Federal Credit Union (5.94%) and Morgan Stanley Private Bank (6.00%).
Hawaii 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 | $781,930,000 | $895,165,000 | 14.5% | 9.7% |
| Bank of Hawaii | $1,021,080,000 | $649,080,000 | -36.4% | 7.0% |
| First Hawaiian Bank | $636,260,000 | $546,170,000 | -14.2% | 5.9% |
| FREEDOM MORTGAGE CORPORATION | $178,580,000 | $493,445,000 | 176.3% | 5.3% |
| QUICKEN LOANS, LLC | $343,030,000 | $486,175,000 | 41.7% | 5.3% |
| American Savings Bank, FSB | $541,915,000 | $443,895,000 | -18.1% | 4.8% |
| GUARANTEED RATE, INC. | $202,275,000 | $315,625,000 | 56.0% | 3.4% |
| CMG MORTGAGE, INC. | $168,005,000 | $275,235,000 | 63.8% | 3.0% |
| Central Pacific Bank | $247,540,000 | $212,825,000 | -14.0% | 2.3% |
| GUILD MORTGAGE COMPANY | $72,945,000 | $195,435,000 | 167.9% | 2.1% |
| HAWAII STATE FEDERAL CREDIT UNION | $207,370,000 | $179,865,000 | -13.3% | 1.9% |
| NEWREZ LLC | $80,925,000 | $173,805,000 | 114.8% | 1.9% |
| Mortgage Research Center, LLC | $134,115,000 | $167,280,000 | 24.7% | 1.8% |
| PENNYMAC LOAN SERVICES, LLC | $72,520,000 | $160,345,000 | 121.1% | 1.7% |
| DHI MORTGAGE COMPANY, LTD. | $214,005,000 | $159,320,000 | -25.6% | 1.7% |
| LOANDEPOT.COM, LLC | $193,790,000 | $156,370,000 | -19.3% | 1.7% |
| Citadel Servicing Corporation | $77,460,000 | $123,460,000 | 59.4% | 1.3% |
| Century Mortgage Company DBA Century Lending Company | $82,735,000 | $114,805,000 | 38.8% | 1.2% |
| NAVY FEDERAL CREDIT UNION | $91,150,000 | $113,210,000 | 24.2% | 1.2% |
| HAWAIIUSA FEDERAL CREDIT UNION | $222,705,000 | $112,215,000 | -49.6% | 1.2% |
| JPMorgan Chase Bank | $117,420,000 | $106,725,000 | -9.1% | 1.2% |
| Morgan Stanley Private Bank | $80,690,000 | $93,710,000 | 16.1% | 1.0% |
| V.I.P. MORTGAGE, INC. | $110,785,000 | $90,520,000 | -18.3% | 1.0% |
| Bank of America | $37,655,000 | $87,560,000 | 132.5% | 0.9% |
| HAWAIIAN FINANCIAL | $81,025,000 | $79,195,000 | -2.3% | 0.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $118,560,000 | $76,215,000 | -35.7% | 0.8% |
| HOMEXPRESS MORTGAGE CORP. | $36,405,000 | $73,465,000 | 101.8% | 0.8% |
| Citibank | $46,550,000 | $73,140,000 | 57.1% | 0.8% |
| Northpointe Bank | $34,920,000 | $72,590,000 | 107.9% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $66,075,000 | $71,980,000 | 8.9% | 0.8% |
| PNC Bank | $125,605,000 | $66,930,000 | -46.7% | 0.7% |
| The Loan Store, Inc. | $345,000 | $65,300,000 | 18,827.5% | 0.7% |
| UBS Bank USA | $16,620,000 | $64,665,000 | 289.1% | 0.7% |
| NFM, INC. | $10,440,000 | $63,265,000 | 506.0% | 0.7% |
| NEXERA HOLDING LLC | $25,035,000 | $62,555,000 | 149.9% | 0.7% |
| SECURITYNATIONAL MORTGAGE COMPANY | $65,940,000 | $59,835,000 | -9.3% | 0.6% |
| Territorial Savings Bank | $95,690,000 | $58,095,000 | -39.3% | 0.6% |
| U.S. Bank | $45,980,000 | $54,740,000 | 19.1% | 0.6% |
| Paramount Residential Mortgage Group, Inc. | $28,380,000 | $49,500,000 | 74.4% | 0.5% |
| Wells Fargo Bank | $38,255,000 | $48,400,000 | 26.5% | 0.5% |
| PLAZA HOME MORTGAGE, INC. | $39,335,000 | $48,275,000 | 22.7% | 0.5% |
| Ameris Bank | $55,310,000 | $42,235,000 | -23.6% | 0.5% |
| CANOPY MORTGAGE, LLC | $5,795,000 | $41,975,000 | 624.3% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $140,210,000 | $41,075,000 | -70.7% | 0.4% |
| LENDSURE MORTGAGE CORP. | $8,945,000 | $37,460,000 | 318.8% | 0.4% |
| Plains Commerce Bank | $25,445,000 | $37,325,000 | 46.7% | 0.4% |
| Finance Factors, Limited | $72,990,000 | $37,265,000 | -48.9% | 0.4% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $56,410,000 | $36,860,000 | -34.7% | 0.4% |
| BMO Harris Bank | $48,910,000 | $36,255,000 | -25.9% | 0.4% |
| PACIFIC HOME LOANS, INC. | $33,895,000 | n/a | 0.4% | |
| HighTechLending Inc | $26,155,000 | $33,535,000 | 28.2% | 0.4% |
| FINANCE OF AMERICA REVERSE LLC | $37,035,000 | $32,700,000 | -11.7% | 0.4% |
| Commerce Home Mortgage, Inc. | $44,820,000 | $32,345,000 | -27.8% | 0.3% |
| Carrington Mortgage Services, LLC | $16,495,000 | $31,055,000 | 88.3% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $22,960,000 | $30,525,000 | 32.9% | 0.3% |
| LAND HOME FINANCIAL SERVICES, INC. | $25,910,000 | $29,895,000 | 15.4% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $17,365,000 | $27,980,000 | 61.1% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $63,400,000 | $26,875,000 | -57.6% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $29,425,000 | $24,595,000 | -16.4% | 0.3% |
| Charles Schwab Bank, SSB | $43,590,000 | $24,445,000 | -43.9% | 0.3% |
| Flagstar Bank, FSB | $13,605,000 | $24,085,000 | 77.0% | 0.3% |
| Logan Finance Corporation | $24,035,000 | n/a | 0.3% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $19,715,000 | $23,710,000 | 20.3% | 0.3% |
| ALOHA PACIFIC | $88,055,000 | $23,070,000 | -73.8% | 0.2% |
| University of Hawaii Federal Credit Union | $15,820,000 | $22,945,000 | 45.0% | 0.2% |
| ALAMEDA MORTGAGE CORPORATION | $1,455,000 | $20,720,000 | 1,324.1% | 0.2% |
| ANCHOR LOANS, LP | $1,785,000 | $20,675,000 | 1,058.3% | 0.2% |
| DAS Acquisition Company, LLC | $16,430,000 | $20,535,000 | 25.0% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $625,000 | $20,515,000 | 3,182.4% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $24,090,000 | $20,355,000 | -15.5% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $5,855,000 | $19,705,000 | 236.5% | 0.2% |
| HICKAM | $72,540,000 | $19,390,000 | -73.3% | 0.2% |
| OCMBC, INC. | $16,730,000 | $19,365,000 | 15.8% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $18,940,000 | $17,755,000 | -6.3% | 0.2% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $17,605,000 | n/a | 0.2% | |
| Raymond James Bank | $3,085,000 | $16,800,000 | 444.6% | 0.2% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $11,255,000 | $16,695,000 | 48.3% | 0.2% |
| The Federal Savings Bank | $12,600,000 | $15,615,000 | 23.9% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $12,750,000 | $15,200,000 | 19.2% | 0.2% |
| WALKER & DUNLOP, LLC | $110,005,000 | $14,965,000 | -86.4% | 0.2% |
| LONGBRIDGE FINANCIAL, LLC | $3,285,000 | $14,900,000 | 353.6% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $10,050,000 | $14,515,000 | 44.4% | 0.2% |
| LIMA ONE CAPITAL, LLC | $10,205,000 | $13,190,000 | 29.3% | 0.1% |
| FUNDLOANS CAPITAL | $18,720,000 | $13,015,000 | -30.5% | 0.1% |
| BM Real Estate Services, Inc. | $5,545,000 | $12,975,000 | 134.0% | 0.1% |
| Stifel Bank and Trust | $5,645,000 | $12,700,000 | 125.0% | 0.1% |
| Home Mortgage Alliance Corp | $11,930,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $8,720,000 | $11,635,000 | 33.4% | 0.1% |
| MLD MORTGAGE INC. | $10,330,000 | $11,250,000 | 8.9% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,135,000 | $10,390,000 | 231.4% | 0.1% |
| City National Bank | $12,430,000 | $10,220,000 | -17.8% | 0.1% |
| OAKTREE FUNDING CORP. | $735,000 | $10,200,000 | 1,287.8% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $16,325,000 | $10,160,000 | -37.8% | 0.1% |
| SUMMIT FUNDING, INC. | $590,000 | $9,685,000 | 1,541.5% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,280,000 | $9,495,000 | 641.8% | 0.1% |
| MidFirst Bank | $5,205,000 | $9,390,000 | 80.4% | 0.1% |
| USAA Federal Savings Bank | $4,915,000 | $9,030,000 | 83.7% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $10,325,000 | $8,695,000 | -15.8% | 0.1% |
| ARC HOME LLC | $8,690,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $1,170,000 | $8,190,000 | 600.0% | 0.1% |
| BAY-VALLEY MORTGAGE GROUP | $6,225,000 | $8,090,000 | 30.0% | 0.1% |
| CARDINAL FINANCIAL | $13,960,000 | $7,965,000 | -42.9% | 0.1% |
| M&T Bank | $4,040,000 | $7,730,000 | 91.3% | 0.1% |
| BNY Mellon | $10,615,000 | $7,690,000 | -27.6% | 0.1% |
| Cornerstone First Mortgage, Inc | $3,745,000 | $7,525,000 | 100.9% | 0.1% |
| Pacific Lending LLC | $6,075,000 | $6,950,000 | 14.4% | 0.1% |
| Comerica Bank | $6,825,000 | n/a | 0.1% | |
| HomeStreet Bank | $10,615,000 | $6,735,000 | -36.6% | 0.1% |
| NBKC BANK | $5,020,000 | $6,580,000 | 31.1% | 0.1% |
| FOUNDATION MORTGAGE CORPORATION | $1,270,000 | $6,465,000 | 409.1% | 0.1% |
| BETTER MORTGAGE CORPORATION | $1,405,000 | $6,390,000 | 354.8% | 0.1% |
| Discover Bank | $5,335,000 | $6,265,000 | 17.4% | 0.1% |
| NexBank | $4,140,000 | $6,230,000 | 50.5% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $4,920,000 | $6,085,000 | 23.7% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $4,915,000 | $5,540,000 | 12.7% | 0.1% |
| Washington Trust Bank | $2,230,000 | $5,485,000 | 146.0% | 0.1% |
| General Mortgage Capital Corporation | $5,465,000 | n/a | 0.1% | |
| Pearl Hawaii Federal Credit Union | $6,120,000 | $5,165,000 | -15.6% | 0.1% |
| Axos Bank | $12,925,000 | $5,015,000 | -61.2% | 0.1% |
| American Airlines Federal Credit Union | $905,000 | $4,870,000 | 438.1% | 0.1% |
| KeyBank | $11,595,000 | $4,850,000 | -58.2% | 0.1% |
| Performance Financial, Inc. | $505,000 | $4,835,000 | 857.4% | 0.1% |
| AHL FUNDING | $1,795,000 | $4,750,000 | 164.6% | 0.1% |
| Goldman Sachs Bank USA | $1,635,000 | $4,715,000 | 188.4% | 0.1% |
| NuVision Federal Credit Union | $3,015,000 | $4,660,000 | 54.6% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $8,700,000 | $4,555,000 | -47.6% | 0.0% |
| AMWEST FUNDING CORP. | $8,190,000 | $4,545,000 | -44.5% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $155,000 | $4,515,000 | 2,812.9% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $2,840,000 | $4,515,000 | 59.0% | 0.0% |
| BAY EQUITY LLC | $5,430,000 | $4,470,000 | -17.7% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $345,000 | $4,400,000 | 1,175.4% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $10,555,000 | $4,270,000 | -59.5% | 0.0% |
| East West Bank | $4,005,000 | n/a | 0.0% | |
| KINECTA | $10,750,000 | $4,005,000 | -62.7% | 0.0% |
| Umpqua Bank | $1,850,000 | $3,905,000 | 111.1% | 0.0% |
| NEW WAVE LENDING GROUP INC | $1,175,000 | $3,835,000 | 226.4% | 0.0% |
| CLEARPATH LENDING | $4,655,000 | $3,815,000 | -18.0% | 0.0% |
| Farmers Bank & Trust | $1,080,000 | $3,695,000 | 242.1% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $465,000 | $3,565,000 | 666.7% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $640,000 | $3,560,000 | 456.3% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $3,025,000 | $3,530,000 | 16.7% | 0.0% |
| S1L, Inc. | $7,905,000 | $3,515,000 | -55.5% | 0.0% |
| Baxter Credit Union | $3,330,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $3,815,000 | $3,305,000 | -13.4% | 0.0% |
| Bank of Colorado | $3,305,000 | $3,080,000 | -6.8% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $1,275,000 | $3,080,000 | 141.6% | 0.0% |
| First-Citizens Bank & Trust Company | $4,710,000 | $3,045,000 | -35.4% | 0.0% |
| NMSI, INC. | $1,850,000 | $3,045,000 | 64.6% | 0.0% |
| NEW DAY FINANCIAL, LLC | $5,030,000 | $2,950,000 | -41.4% | 0.0% |
| ALKAN MORTGAGE CORPORATION | $2,800,000 | n/a | 0.0% | |
| Zions Bank | $2,790,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $755,000 | $2,640,000 | 249.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $960,000 | $2,560,000 | 166.7% | 0.0% |
| VAL-CHRIS INVESTMENTS, INC. | $2,310,000 | $2,505,000 | 8.4% | 0.0% |
| Ally Bank | $395,000 | $2,445,000 | 519.0% | 0.0% |
| Cache Valley Bank | $2,365,000 | n/a | 0.0% | |
| The Central Trust Bank | $2,360,000 | n/a | 0.0% | |
| MORTGAGEONE, INC. | $355,000 | $2,340,000 | 559.2% | 0.0% |
| BROKER SOLUTIONS, INC. | $2,335,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $15,635,000 | $2,160,000 | -86.2% | 0.0% |
| Commercial Lender LLC | $1,230,000 | $2,085,000 | 69.5% | 0.0% |
| RCN Capital, LLC | $1,230,000 | $2,085,000 | 69.5% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $155,000 | $2,060,000 | 1,229.0% | 0.0% |
| HILTON FINANCIAL CORPORATION | $1,505,000 | $2,045,000 | 35.9% | 0.0% |
| PLANET HOME LENDING, LLC | $800,000 | $2,035,000 | 154.4% | 0.0% |
| Libertyville Bank & Trust | $2,005,000 | n/a | 0.0% | |
| JMJ FINANCIAL GROUP | $1,515,000 | $1,970,000 | 30.0% | 0.0% |
| FidelityLending Solutions Inc. dba Wholesale Mortgage Bankers | $1,930,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $3,225,000 | $1,890,000 | -41.4% | 0.0% |
| LENDINGONE, LLC | $1,340,000 | $1,870,000 | 39.6% | 0.0% |
| Texana Bank | $1,835,000 | n/a | 0.0% | |
| Arvest Bank | $615,000 | $1,825,000 | 196.7% | 0.0% |
| Royal Business Bank | $570,000 | $1,675,000 | 193.9% | 0.0% |
| ML Mortgage Corp. | $1,625,000 | n/a | 0.0% | |
| Nations Lending Corporation | $26,865,000 | $1,610,000 | -94.0% | 0.0% |
| TEACHERS | $105,000 | $1,580,000 | 1,404.8% | 0.0% |
| First Federal Bank | $585,000 | $1,525,000 | 160.7% | 0.0% |
| Toyota Financial Savings Bank | $1,505,000 | n/a | 0.0% | |
| UMB Bank | $205,000 | $1,505,000 | 634.1% | 0.0% |
| United Nations Federal Credit Union | $1,505,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $1,480,000 | $1,435,000 | -3.0% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $545,000 | $1,430,000 | 162.4% | 0.0% |
| Bank First, N.A. | $1,425,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $2,800,000 | $1,350,000 | -51.8% | 0.0% |
| Magnolia Bank | $395,000 | $1,340,000 | 239.2% | 0.0% |
| North American Savings Bank, F.S.B. | $1,385,000 | $1,260,000 | -9.0% | 0.0% |
| Southside Bank | $1,255,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $1,240,000 | n/a | 0.0% | |
| Armed Forces Bank | $965,000 | $1,195,000 | 23.8% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $1,180,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $375,000 | $1,145,000 | 205.3% | 0.0% |
| ADVANCIAL | $2,180,000 | $1,135,000 | -47.9% | 0.0% |
| Bank of England | $1,415,000 | $1,095,000 | -22.6% | 0.0% |
| INB | $1,045,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $545,000 | $990,000 | 81.7% | 0.0% |
| Merchants Mortgage & Trust Corporation | $695,000 | $965,000 | 38.8% | 0.0% |
| ONE NEVADA CREDIT UNION | $935,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $905,000 | n/a | 0.0% | |
| LOANPAL, LLC | $285,000 | $900,000 | 215.8% | 0.0% |
| Bethpage Federal Credit Union | $2,910,000 | $800,000 | -72.5% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $13,020,000 | $785,000 | -94.0% | 0.0% |
| PHH Mortgage Corporation | $125,000 | $765,000 | 512.0% | 0.0% |
| Presidential Bank, FSB | $505,000 | $760,000 | 50.5% | 0.0% |
| Five Points Bank | $755,000 | n/a | 0.0% | |
| Central Bank Illinois | $685,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $55,000 | $665,000 | 1,109.1% | 0.0% |
| Commerce Bank | $205,000 | $635,000 | 209.8% | 0.0% |
| Elements Financial Federal Credit Union | $105,000 | $635,000 | 504.8% | 0.0% |
| Brighton Bank | $625,000 | n/a | 0.0% | |
| Great Southern Bank | $625,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $615,000 | n/a | 0.0% | |
| BOKF | $155,000 | $605,000 | 290.3% | 0.0% |
| First Western Trust Bank | $875,000 | $580,000 | -33.7% | 0.0% |
| Franklin Loan Corporation | $895,000 | $505,000 | -43.6% | 0.0% |
| EVERETT FINANCIAL, INC. | $1,900,000 | $485,000 | -74.5% | 0.0% |
| Paramount Bank | $485,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $1,040,000 | $445,000 | -57.2% | 0.0% |
| The Huntington National Bank | $2,750,000 | $445,000 | -83.8% | 0.0% |
| Evolve Bank & Trust | $705,000 | $435,000 | -38.3% | 0.0% |
| STANFORD Federal Credit Union | $420,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $405,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $505,000 | $405,000 | -19.8% | 0.0% |
| GEORGIA'S OWN | $105,000 | $405,000 | 285.7% | 0.0% |
| Quontic Bank | $480,000 | $390,000 | -18.8% | 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% |
| ALL REVERSE MORTGAGE, INC. | $810,000 | $345,000 | -57.4% | 0.0% |
| I.L.W.U. CREDIT UNION | $310,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $305,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $630,000 | $275,000 | -56.3% | 0.0% |
| ONY GLO, INC. | $1,295,000 | $265,000 | -79.5% | 0.0% |
| STAR ONE CREDIT UNION | $1,300,000 | $265,000 | -79.6% | 0.0% |
| Community First National Bank | $1,185,000 | $255,000 | -78.5% | 0.0% |
| KS StateBank | $255,000 | n/a | 0.0% | |
| Allied First Bank,sb | $235,000 | n/a | 0.0% | |
| ANDREWS FEDERAL CREDIT UNION | $215,000 | n/a | 0.0% | |
| TOWER | $145,000 | $205,000 | 41.4% | 0.0% |
| Watermark Capital, Inc. | $165,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $105,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $55,000 | n/a | 0.0% |
Hawaii's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 9.7% market share. In second place, with 7.0%, is Bank of Hawaii, having originated $649,080,000 in loans. In third place, with 5.9%, is First Hawaiian Bank, having originated $546,170,000 in loans. In fourth place, with 5.3%, is FREEDOM MORTGAGE CORPORATION, having originated $493,445,000 in loans. In fifth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $486,175,000 in loans.
Hawaii Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 8,942 | $6,388,820,000 | $714,473 |
| Refi | 2,430 | $1,265,550,000 | $520,802 |
| Cash Out Refi | 1,701 | $830,355,000 | $488,157 |
| Other | 1,616 | $466,980,000 | $288,973 |
| Home Improvement | 1,370 | $295,970,000 | $216,036 |
| NA | 11 | $12,735,000 | $1,157,727 |
Hawaii's most frequently cited loan purpose was Home Purchase, with 8,942 originations. The 2nd most popular reason was Refi, with 2,430 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 6,519 | $3,964,855,000 | $608,200 |
| 7-8% | 3,852 | $1,880,010,000 | $488,061 |
| 5-6% | 3,167 | $2,231,055,000 | $704,470 |
| Over 8% | 2,007 | $776,425,000 | $386,858 |
| 4-5% | 220 | $220,630,000 | $1,002,864 |
| <2.5% | 117 | $65,585,000 | $560,556 |
| 2.5-3% | 73 | $48,355,000 | $662,397 |
| 3-4% | 33 | $22,645,000 | $686,212 |
During 2024, Hawaii's most frequently originated rate bucket was 6-7%, with 6,519 originations.
Loan Sizing (Hawaii MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,972 | $1,179,410,000 | $296,931 |
| $600k-1000k | 3,807 | $2,960,495,000 | $777,645 |
| $400k-600k | 3,228 | $1,561,550,000 | $483,752 |
| $Over $1MM | 1,956 | $3,218,150,000 | $1,645,271 |
| $100k-200k | 1,895 | $266,285,000 | $140,520 |
| $100,000 or less | 1,212 | $74,520,000 | $61,485 |
Hawaii's loan sizing saw the bucket of loans from $200k-400k with 3,972 originations, totaling $1,179,410,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,242 | $3,055,600,000 | $720,321 |
| 60-80% | 3,766 | $2,837,810,000 | $753,534 |
| Under 20% | 2,784 | $382,260,000 | $137,306 |
| 20-40% | 2,171 | $749,195,000 | $345,092 |
| 40-60% | 1,965 | $1,272,055,000 | $647,356 |
| Over 100% | 800 | $700,030,000 | $875,038 |
Hawaii's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,242 originations, totaling $3,055,600,000 in origination value.