First-time home buyer FHA is an excellent option for a first-time home buyer; however, you do not need to be a first-time home buyer to be eligible for a Hawaii FHA loan. FHA loans are available to anyone and can be used to purchase or refinance a home.
Flexible Underwriting The main advantage of a Hawaii FHA loan is that the credit criteria is not as strict as the credit criteria for a conventional loan, which is sold to Fannie Mae and Freddie Mac. Another perk of FHA loan is that they allow a higher debt-to-income ratio than conventional loans, meaning they may require less income to qualify.
Credit Problems Someone who may have had credit problems or lacks traditional credit can still obtain FHA financing.
Non-traditional credit If you don’t have a credit score. Email us today to see if you are eligible for non-traditional credit qualifying.
Assumable Hawaii FHA loans are assumable, allowing a person to take over the mortgage without the additional costs of obtaining a new loan.
MCC Grant Call or email us to see if you can qualify for the MCC Grant to make your FHA loan more affordable.
Lender is not acting on behalf of or at the discretion of the FHA or Federal Government.
PHL is now licensed to offer home loans in California and Hawaii.
Call us toll free 866-289-2778 or local 808-891-0415 Email us if you have any questions. Click get pre-qualified to get started on the loan process right away.
Pacific Home Loans - Financing Your Paradise!
Mangum Mortgage, Inc.
Federal Trade Mark: Pacific Home Loans
DBA Hawaii: Pacific Home Loans
Artistic Photography by Justin Shaw
Contact: (808) 757-1079
Toll Free: (866)389-2778
2395 S Kihei Rd #205
Kihei, HI 96753
Hours: M-F 8am to 5pm Hawaii Time