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Mortgage

Conventional Loan Limits for Hawaii

Conventional loan limits have risen, and interest rates are still at an all-time low. It is time to take advantage of these things and get into the home of your dreams.

Conventional Loan Limits

The conventional loan limit in 2020 was $765,600. Now it is up to $822,375 for 2021. Conventional loans are typically more appealing to buyers than other loan options. Here’s why — conventional offers lower interest rates, minimum of 3% down, a greater usage of income, etc. Having these limits expanded will offer these benefits to a greater scale of people across Hawaii.

Interest Rates

Interest rates are still low. Low enough to keep your buying power going up. Here is an example.

Reaching Out

If you have questions about interest rates, mortgages, loan programs, refinancing, or would simply like to connect with a lender here on Kauai, I’ve attached a few I use regularly and trust below. All lenders offer different things, so I recommend checking out more than one. Remember, there is no shame in the game. We are here to serve you, so please reach out; we’d be happy to answer any and all of your questions.

Lenders

Lisa Ledesma works with Home Bridge here in Lihue.  Office: 808 634-2628 Email: lisa.ledesma@homebridge.com

Blaze Zeilman works with Island Pacific Mortgage, which is a locally-based company. They assist customers from all over Hawaii, but primarily on Kauai. Office: 808-246-2500  Email: blaze@islandpacificmortgage.com

Deann Yamaguchi works with Security National Mortgage here in Lihue. Office: 808-823-8050 Email: Deann.Yamaguchi@snmc.com

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