Home Possible Loan: Your Path to Homeownership

— FIRST-TIME HOMEBUYER LOAN

Home Possible Loan

for First-Time Buyers

Explore Hawaii Home Possible loan options with 3% down eligibility, flexible income treatment, and conventional financing benefits statewide.

— ABOUT FIRST-TIME HOMEBUYER LOAN

Hawaii Home Possible® Loan
for First-Time Buyers

Freddie Mac’s Home Possible® program is designed to make homeownership more accessible for eligible low-to-moderate income borrowers throughout Hawaii.

Home Possible® is part of our First-Time Homebuyer Loans in Hawaii platform and may be an option for both first-time and repeat buyers who meet program eligibility requirements.

→ First-Time Homebuyer Loan Programs

Multi-State Availability

Pacific Home Loans provides Home Possible® financing solutions in multiple states, including Hawaii, California, Nevada, and other markets where we are licensed.

While this page focuses on Hawaii-specific guidance, Home Possible® loan programs may be available in other states based on borrower eligibility, property type, and program guidelines.

— FINANCING OPTIONS

Why Consider
Home Possible® in Hawaii?

Low 3% Down Payment
Qualified borrowers may purchase a primary residence with as little as 3% down.

Flexible Underwriting
Designed to accommodate a variety of income sources and borrower profiles, subject to Freddie Mac guidelines.

Boarder Income
In certain cases, rental income from a boarder may be used to help qualify.

Non-Traditional Credit Consideration
Borrowers without a traditional credit profile may qualify when at least one borrower meets minimum credit requirements.

Mortgage Insurance Flexibility
Private mortgage insurance (PMI) may be cancelable once equity thresholds are met.

Mortgage Credit Certificate (MCC)
Eligible first-time buyers may qualify for Hawaii MCC benefits, which can improve overall affordability.