Hawaii or California USDA Home Loan

Most Hawaii or California home buyers are initially attracted to a USDA home loan for the zero-down feature of the loan program. The zero-down option is just one of the many benefits of a USDA loan.

USDA features and benefits:

Zero Down

Possible to close with no cash due at closing

FICO scores as low as 620 still qualify for a low rate

Lowest closing cost of all the government sponsored loan programs

What are USDA Home Loans?

A USDA Mortgage provides a low-cost insured home mortgage loan that suits a variety of options for buyers planning to live in a rural area (Email us to determine if your property is in a rural area). A USDA mortgage is likely the best home loan option if you want to purchase a home with no down payment. If you’re unsure about your credit rating, or have concerns regarding your down payment, USDA Rural Mortgage Loans can offer you piece of mind with zero-down, super low to no closing costs, and the lowest loan fees of all the government sponsored loans.

Offering: USDA Guaranteed Rural Housing Loans

USDA Guaranteed Home Mortgage Loans are the most common type of USDA Loan in Hawaii. The USDA loan program allows for higher income limits and 100% financing for home purchases. (Email us today to determine if your income is eligible for a USDA loan). USDA Guaranteed Loan applicants are allowed an income of up to 115% of the median household income for the area. All USDA Guaranteed Loans carry 30 year terms and are set at a fixed rate.

USDA Lending Limits for USDA Loans in Hawaii Counties

County or Equivalent Limit Effective 3/9/2022
Honolulu $725,000
Maui $725,000
Molokai (Maui County) $662,400
Kauai $725,000
Hawaii – Big Island $600,000

State of Hawaii USDA Income Limits by County

County Household of 1-4 Household of 5-8
Urban Honolulu MSA* $144,750 $191,050
Kahului-Wailuku-Lahaina MSA* $118,800 $156,800
Hawaii County $104,100 $137,400
Kauai County $127,500 $168,300
All other areas $91,800 $121,300

*Metropolitan Statistical Area