— CONDO LOAN PROGRAMS
Condo Loan
Programs
An overview of financing options for condominium purchases in Hawaii, with solutions supported in other markets where Pacific Home Loans is licensed.
— ABOUT CONDO LOAN PROGRAMS
Hawaii Condo
Loan Programs
Pacific Home Loans offers a range of condominium financing solutions across Maui, Oahu, Kauai, and the Big Island.
This page provides a high-level overview of available condo loan programs, including agency, government-backed, jumbo, and specialty financing options. For detailed guidance on purchasing a condominium in Hawaii, including project eligibility and underwriting considerations:
Multi-State Availability
Pacific Home Loans provides condominium financing solutions in multiple states, including Hawaii, California, Nevada, and other markets where we are licensed.
While this page focuses on Hawaii-specific guidance, the financing categories outlined below may apply to condominium purchases in other states based on project eligibility, borrower profile, and program guidelines.
— FINANCING OPTIONS
Agency Condo
Loan Programs
Conventional Condo Loans
- Available for primary residences, second homes, and investment properties
- Down payment options may be as low as 3% for eligible owner-occupied buyers
- Fixed and adjustable rate structures available
FHA Condo Loans
- 5% down payment option for eligible borrowers
- Project must meet FHA approval guidelines
VA Condo Loans
- Zero down financing available for eligible veterans
- Project must meet VA approval requirements
— CONDO FINANCING
Hawaii Condo
Loan Options
Conventional Condo Loans
- Available for primary residences, second homes, and investment properties
- Down payment options may be as low as 3% for eligible owner-occupied buyers
- Fixed and adjustable rate structures available
Jumbo Condo Loans
For higher-value condominium purchases exceeding conforming limits:
- Jumbo loan structures may apply
- Reserve and qualification requirements vary
- Available for qualified borrowers across multiple occupancy types
Non-QM / Alt-Doc Condo Loans
For borrowers with non-traditional income:
- Bank statement loans
- 1099 income programs
- DSCR investment loans
- Asset-based qualification
Government Condo Loans
FHA Condo Loans
- 5% down payment option for eligible borrowers
- Project must meet FHA approval guidelines
VA Condo Loans
- Zero down financing available for eligible veterans
- Project must meet VA approval requirements
Non-Warrantable & Resort Condo Financing
Some Hawaii condominium projects do not meet agency guidelines due to short-term rental activity, investor concentration, condotel structures, or insurance and HOA considerations.
For these scenarios:
→ PrimeResort™ Condo Financing
Portfolio Condo Financing
Financing a condominium involves both borrower qualification and project-level review. Common factors include:
- HOA financial strength
- Insurance coverage
- Owner-occupancy ratios
- Litigation exposure
- Project classification
Understanding these elements early helps prevent delays during escrow.
— CONDO LOAN PROGRAMS
How Condo Loan Programs Fit Into
the PHL Lending Platform
Agency Condo Financing
↓
PrimeResort™ — non-warrantable and resort condos
↓
Portfolio Lending — complex and high-value scenarios
Choosing the Right Condo Loan Program
Selecting the appropriate program depends on occupancy type, loan amount, income structure, project eligibility, and long-term ownership strategy. We provide structured loan comparisons before you submit your offer.
