State of Hawaii Home Loan Programs
The following guide will help you to determine the minimum down and the corresponding loan programs available for your loan scenario.
• Minimum down
• Maximum loan amount
• Loan Program
| Minimum Down | Maximum Loan | Loan Program | Occupancy |
| 0%** | up to $1,000,000 | VA loan | Primary Residence |
| 0% | up to $721,050*** | USDA loan | Primary Residence |
| 3% | up to $822,375* | Home Possible® | Primary Residence |
| 3% | up to $822,375* | HomeReady | Primary Residence |
| 3.50% | up to $721,050**** | FHA loan | Primary Residence |
| 5% | up to $822,375* | Conventional | Primary Residence |
| 5% | up to $2,500,000 | Portfolio No MI | Primary Residence |
| 20% | up to $2,000,000 | Portfolio Jumbo | Primary Residence |
| 25% | up to $2,500,000 | Portfolio Jumbo | Primary Residence |
| 30% | up to $3,000,000 | Portfolio Jumbo | Primary Residence |
| 40% | up to $4,000,000 | Portfolio Jumbo | Primary Residence |
| 10% | up to $822,375* | Conventional | Second Home |
| 20% | up to $1,000,000 | Portfolio Jumbo | Second Home |
| 25% | up to $1,500,000 | Portfolio Jumbo | Second Home |
| 30% | up to $2,000,000 | Portfolio Jumbo | Second Home |
| 40% | up to $4,000,000 | Portfolio Jumbo | Second Home |
| 20% | up to $822,375* | Conventional | Investor |
| 25% | up to $1,000,000 | Portfolio Jumbo | Investor |
| 30% | up to $1,500,000 | Portfolio Jumbo | Investor |
| 35% | up to $2,000,000 | Portfolio Jumbo | Investor |
Loan amounts up to $20,000,000 are available on a case-by-case basis.
*$822,375 is the max conforming loan amount for the State of Hawaii. See below, or click here, for complete list of maximum conforming county loan limits.
**Available in January 2021.
***$721,050 is the max loan amount for USDA loans for the State of Hawaii.
****$721,050 is the max loan amount for FHA loans in Honolulu, HI.
Loan Programs, Terms, Loan Limits
Portfolio Jumbo Loans
$822,376* and up
Agency Loans
Fannie Mae, Freddie Mac, FHA, VA, & USDA
Government Loans
FHA, VA, USDA
Portfolio Loans
Non-agency and non-government
Government Loan Terms
VA and FHA
30yr fixed
5/1 ARM
USDA
30yr fixed
Conventional Loan Terms
30yr fixed
15yr fixed
10yr ARM
7yr ARM
5yr ARM
3yr ARM
Portfolio Loan Terms
30yr fixed
15yr fixed
10yr ARM
7yr ARM
5yr ARM
3yr ARM
1yr ARM
State of Hawaii Loan Limits
| 1 unit | 2 unit | 3 unit | 4 unit |
| $822,375 | $1,053,000 | $1,272,750 | $1,581,750 |
*State of Hawaii County Loan Limits – Agency Jumbo
| Oahu – Honolulu | |||
| 1 unit | 2 unit | 3 unit | 4 unit |
| $822,375 | $1,053,000 | $1,272,750 | $1,581,750 |
| Maui | |||
| 1 unit | 2 unit | 3 unit | 4 unit |
| $822,375 | $1,053,000 | $1,272,750 | $1,581,750 |
| Kauai | |||
| 1 unit | 2 unit | 3 unit | 4 unit |
| $822,375 | $1,053,000 | $1,272,750 | $1,581,750 |
| Hawaii – Big-Island | |||
| 1 unit | 2 unit | 3 unit | 4 unit |
| $822,375 | $1,053,000 | $1,272,750 | $1,581,750 |