If there's sea water in the joint, the bolts may be suffering from crevice corrosion. They can rust to nothing in the joint and still look fine in the bilge.
Stress Crack Corrosion SCC happens when the bolts are under stress ( keel bolts YES), there is Chlorides present (sea water YES), high temperature (not really so very slow corrosion), lack of Dissolved Oxygen (maybe if seeping until space between hull and keel is full and stagnate),
AND....
The wrong Stainless Steel grade used for the bolts, not proper for this service!
If, as a competent boat designer (Hunter is one ), you pick the right grade of Stainless you will have NO SCC problems even if the seal is broken (happens to the best flexible hull boats using Fiberglas®.)
In an ideal world a stress corrosion cracking control strategy will start operating at the design stage, and will focus on the selection of material, the limitation of stress and the control of the environment. The skill of the engineer then lies in selecting the strategy that delivers the required performance at minimum cost.
I would call Hunter and insist on finding out which grade of SS they used. I would have used Alloy 20 SS.
It would be cheaper to have a reputable laboratory to "scrape sample" your bolts to find if a proper SS was used. Then no guessing or unneeded keel drops for peace of mind.
On this link, you can see a list of SS grades that have no SCC in boiling brine solutions.
http://www.ssina.com/corrosion/stress-corrosion-cracking.html
If you do find competent Hunter response, ask them to publish which SS they used for all of their boats.
Jim...
PS: I would guess, but it is not my boat, that you have properly designed bolt SS grade.