At present we’ll take a look at the highest mortgage lenders in Hawaii based mostly on complete mortgage quantity.
These corporations closed essentially the most residence loans in The Aloha State final 12 months, beating out practically 300 others that do enterprise there.
Basically, there are fewer mortgage corporations working within the state of Hawaii, so that you are inclined to see solely the larger family names together with native banks and credit score unions.
Nonetheless, one firm managed to originate much more than the competitors, making them the go-to spot for a mortgage in Hawaii.
Learn on to see which financial institution or mortgage firm ranked #1 in Hawaii.
High Mortgage Lenders in Hawaii (Total)
| Rating | Firm Title | 2021 Mortgage Quantity |
| 1. | Financial institution of Hawaii | $3.0 billion |
| 2. | loanDepot | $2.0 billion |
| 3. | First Hawaiian Financial institution | $1.9 billion |
| 4. | Freedom Mortgage | $1.8 billion |
| 5. | American Financial savings Financial institution (HI) | $1.6 billion |
| 6. | Rocket Mortgage | $1.4 billion |
| 7. | UWM | $1.4 billion |
| 8. | Central Pacific Financial institution (HI) | $1.3 billion |
| 9. | Assured Fee | $1.2 billion |
| 10. | Homepoint | $1.0 billion |
Coming in first was Honolulu’s personal Financial institution of Hawaii, which funded $3 billion in mortgages throughout 2021, per Richey Might.
That was a full billion greater than second place SoCal-based loanDepot, which originated a decent $2 billion there.
In third was one other Hawaiian establishment, First Hawaiian Financial institution, additionally Honolulu based mostly, with a detailed $1.9 billion.
Taking the fourth spot was Boca Raton, Florida-based Freedom Mortgage with $1.8 billion, adopted by Honolulu-based American Financial savings Financial institution (HI) with $1.6 billion.
Others touchdown within the prime 10 included Rocket Mortgage, United Wholesale Mortgage, Central Pacific Financial institution (HI), Assured Fee, and Homepoint.
In complete, 4 of the highest 10 mortgage lenders in Hawaii are based mostly out of Honolulu. Not shocking as native names are inclined to do essentially the most enterprise there.
High Hawaii Mortgage Lenders (for House Consumers)
| Rating | Firm Title | 2021 Mortgage Quantity |
| 1. | Financial institution of Hawaii | $881 million |
| 2. | Assured Fee | $698 million |
| 3. | First Hawaiian Financial institution | $672 million |
| 4. | American Pacific Mortgage | $616 million |
| 5. | loanDepot | $577 million |
| 6. | UWM | $547 million |
| 7. | American Financial savings Financial institution | $530 million |
| 8. | Central Pacific Financial institution | $488 million |
| 9. | Freedom Mortgage | $435 million |
| 10. | Wells Fargo | $375 million |
When trying solely at residence buy lending, Financial institution of Hawaii stays the chief with $881 billion funded.
In second was Chicago-based Assured Fee with a detailed $698 million, adopted by First Hawaiian Financial institution with $672 million.
Taking fourth was Roseville, CA-based American Pacific Mortgage with $616 million, trailed by loanDepot with $577 million.
The remainder of the most effective included UWM, American Financial savings Financial institution (HI), Central Pacific Financial institution, Freedom Mortgage, and eventually Wells Fargo.
Which means half of the highest 10 residence buy lenders within the state of Hawaii are based mostly in Hawaii.
High Refinance Lenders in Hawaii (for Current Householders)
| Rating | Firm Title | 2021 Mortgage Quantity |
| 1. | Financial institution of Hawaii | $2.0 billion |
| 2. | loanDepot | $1.4 billion |
| 3. | Freedom Mortgage | $1.4 billion |
| 4. | Rocket Mortgage | $1.2 billion |
| 5. | First Hawaiian Financial institution | $1.0 billion |
| 6. | American Financial savings Financial institution | $967 million |
| 7. | UWM | $814 million |
| 8. | Homepoint | $770 million |
| 9. | Central Pacific Financial institution | $751 million |
| 10. | Pennymac | $602 million |
If we’re speaking mortgage refinances solely, that are reserved for present householders, Financial institution of Hawaii tops the checklist with $2 billion funded.
They had been adopted by loanDepot with $1.4 billion in refis funded, and Freedom Mortgage with the same quantity.
Rocket Mortgage took fourth with $1.2 billion, and First Hawaiian Financial institution fifth with $1.0 billion in mortgage origination quantity.
American Financial savings Financial institution (HI), UWM, Homepoint, Central Pacific Financial institution, and Pennymac made up the remainder of the highest 10.
For refis, 4 of the highest 10 had been Hawaii-based, just like the general complete.
The Greatest Hawaii Mortgage Lenders
We’ve mentioned the biggest mortgage lenders in Hawaii. Now let’s discuss prime rated based mostly on buyer critiques.
I sometimes flip to Zillow for buyer critiques as they’re fully mortgage-centric, even for banks and credit score unions that provide different non-mortgage merchandise.
So far as mortgage corporations are involved, Ingredient Mortgage Hawaii (dba of American Pacific Mortgage) had essentially the most critiques and a 4.94/5 score.
Then there’s Ohana First Mortgage with 184 critiques and 4.99/5 score, Hawaii Mortgage Firm, Inc.’s 4.93/5 score from 176 critiques, and Sensible Cash Inc.’s good rating (5/5) from 161 critiques.
A few of these corporations function as mortgage brokers, which permits them to associate with wholesale lenders and store in your behalf.
The massive corporations even have critiques on Zillow, together with loanDepot (4.9/5), Freedom Mortgage (4.85/5), Rocket Mortgage (4.48/5), Assured Fee (4.96/5), and Homepoint (4.89/5).
To sum issues up, there are lots of good lender choices within the state of Hawaii, together with massive family names, native Hawaiian corporations, and native particular person mortgage brokers. You’ll want to discover all of them.
(picture: Pedro Szekely)