Loans (2)

How to Buy Oahu Homes with Zero Down Payment – USDA and VA Mortgages

If you are military affiliated, you’re probably already aware that VA guaranteed mortgages are a great “zero-down” option for purchasing real estate. Oahu’s generous BAH covers a large portion of your mortgage payment too; service-members should consider becoming homeowners while the interest rates are still incredibly low. Most people, however, are unaware that another mortgage […]

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: http://www.eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do 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 […]