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Contact us for more information about getting a mortgage or refinancing your home in Hawaii to lower your monthly mortgage payment or consolidate your bills.
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Loan Type
Select the loan type you desire.
Conventional loan is any mortgage loan other than an FHA, VA or an RHS loan.
FHA loan is a loan insured by the Federal Housing Administration (FHA). Most of the FHA programs are designed for first time home buyers and low to moderate income borrowers. FHA loans have lower down payment requirements and are easier to qualify than conventional loans. FHA loans cannot exceed the statutory limit.
VA loan is a home loan guaranteed by the U.S. Veterans Administration. VA-guaranteed loan is available to eligible veterans and unmarried surviving spouses who can show entitlement through a Certificate of Eligibility. Eligible veterans may be able to purchase a home with no down payment and no cash reserve. The VA establishes the maximum loan amounts and eligibility requirements.
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What Is An Interest-Only Mortgage? |
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A mortgage is “interest only” in Hawaii and anywhere else in the country if the scheduled monthly mortgage payment --the payment you are required to make --consists of interest only. The option to pay interest only lasts for a specified period, usually 5 to 10 years. Borrowers have the right to pay more than interest if they want to. 
If you decide to take an interest-only option every month during the interest-only period, the payment will not include any repayment of principal. The result is that the loan balance will remain unchanged.
For example, if a 30-year loan of $100,000 at 6.25% is interest only, the required payment is $520.83. In contrast, borrowers who have the same mortgage but without an IO option, would have to pay $615.72. This is the "fully amortizing payment" – the payment that would pay off the loan over the term if the rate stayed the same. The difference in payment of $94.88 is “principal”, which go to reduce the balance. |
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No Down & Low Down - 100% Financing |
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Let Us Show You the Upside of No Down/Low Down Loans
It's not uncommon for people with good jobs and good credit to find themselves short on the cash needed to purchase a home. That's why we designed special mortgage loan programs for financially responsible borrowers who only need a little helping hand to move from dream to home.
The Upside of our No Down.Low Down Loans:
- 80/20 Piggyback - covers 100% of the purchase with option to avoid mortgage insurance premiums, and pay only closing costs and prepaids.
- 100% Financing - covers 100% of the purchase, you pay the closing costs, mortgage insurance and prepaids.
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The Mortgage Process 