— VA LOANS
VA LOANS
Zero-down home financing benefits for eligible veterans, active-duty service members, and qualified military families in Hawaii and other markets where Pacific Home Loans is licensed.
— ABOUT VA LOANS
Hawaii VA
Home Loan
U.S. Department of Veterans Affairs (VA) loans are a powerful home financing benefit available to eligible active-duty service members, veterans, National Guard members, reservists, and certain surviving spouses.
Backed by the federal government, VA loans are designed to make homeownership more accessible – particularly in higher-cost markets like Hawaii.
Multi-State Availability
Pacific Home Loans provides VA loan financing in multiple states, including Hawaii, California, Nevada, and other markets where we are licensed.
While this page focuses on Hawaii-specific guidance, VA loan programs may be available in other states based on borrower eligibility, property type, and program guidelines.
— ABOUT VA LOANS
Why Use a VA Loan
in Hawaii?
0% Down Payment
Eligible borrowers may finance up to 100% of the purchase price, subject to entitlement, appraisal, and lender approval.
No Monthly Mortgage Insurance
VA loans do not require monthly private mortgage insurance (PMI).
Competitive Interest Rate Structures
VA loans often provide favorable rate structures compared to many conventional options.
Flexible Credit & Income Guidelines
VA underwriting is designed to accommodate a broad range of borrower profiles.
Limited Closing Costs
VA guidelines limit certain borrower-paid fees.
All loans remain subject to VA eligibility and underwriting approval.
— VA LOAN GUIDELINES
VA Loan
Limits in Hawaii
As of January 1, 2020, veterans with full entitlement are no longer subject to county loan limits when purchasing with zero down, subject to lender guidelines and qualification. Borrowers with partial entitlement may still be subject to county loan limits.
VA Loan Limits in Hawaii
As of January 1, 2020, veterans with full entitlement are no longer subject to county loan limits when purchasing with zero down, subject to lender guidelines and qualification. Borrowers with partial entitlement may still be subject to county loan limits.
VA Funding Fee
Most VA loans require a one-time funding fee based on first-time or subsequent use, down payment amount, and service category. Certain veterans receiving VA disability compensation may be exempt.
VA Streamline Refinance (IRRRL)
The VA IRRRL allows eligible veterans to refinance an existing VA loan with simplified documentation. Potential benefits include reduced interest rate, conversion from adjustable to fixed rate, and no appraisal required in many cases.
Hawaii VA Jumbo Loans
Hawaii home values frequently exceed conforming loan thresholds. Eligible veterans may still finance higher-value properties using VA benefits. Veterans with full entitlement may qualify for zero down at higher loan amounts.
— VA LOANS
VA Loan Considerations
in Hawaii
Condo Considerations in Hawaii
→ Buying a Condo
→ PrimeResort™ Condo Financing
Compare Hawaii Buyer Options
→ FHA Loan
→ HomeReady Loan
→ Home Possible Loan
How VA Loans Fit Into the PHL Lending Platform
Traditional Agency Financing (VA, FHA, Conventional)
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Alternative Documentation (Non-QM)
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Portfolio Lending Solutions
