Loans (2)

Helping Hawaii Buyers Overcome Tight Mortgage Credit

The current market shows purchase contract cancellations caused by declined mortgage applications, failures in loan underwriting from appraised values coming in below the negotiated price, or other problems. Even many home buyers with good credit scores are challenged by tight lending restrictions. In many cases, buyers need to understand how the credit system works and how [...]

Zero Down Home Loans Available

USDA/Rural Housing Loans Offer 100% Financing on Hawaii Homes Many people are unaware that there is still 100% financing available. There are definitely eligibility requirements for the property and the borrower. To find out if you are eligible, this website is an excellent resource: As an example, the whole island of Kauai is considered [...]

What is a Hawaii Conventional Renovation Loan?

Conventional Renovation Loans combine home purchase with home improvement financing with one closing! Let’s face it, there are many homes on the market in Hawaii that need improvements or updating, especially bank owned properties (previously foreclosures)! Now there is a conventional loan offered by several lenders using different loan names. To avoid confusion, ask for [...]

State of Distressed Property Market – Same ol’ Same ol’

As part of my ongoing commitment to serving my clients, I frequently attend seminars from the distressed property experts, like Alex Charfen, who created the Distressed Property Institute in Austin, Texas. This week, Alex had a casual conversation with Rick Sharga, VP of Realtytrac. Realtytrac is generally regarded as the nation’s expert on foreclosures and [...]