Hawaii Vacation Rental Condo Loans


Minimum down 5%
30yr fixed @ 4% zero points / APR 4.501%

Second Home*

Minimum down 10%
30yr fixed @ 4% zero points / APR 4.498%

*Shopping for a Purchase Loan
This program allows you to finance as a second home (some restrictions apply) and, provided you stay in the unit a minimum of 14 days per year, you will be permitted to rent the unit immediately after closing. It is acceptable to honor future bookings on your purchase contract, too.
*Considering a Refinance
Provided you do not need the rental income from the subject condo, you may be eligible for a second home rate when you refinance.

Primary or Second Home

20% down
30yr fixed @ 4% zero points / 4.051%


25% down
30yr fixed @ 4.49 zero points / 4.546%

• This program is not eligible for condos that have timeshare units on the property
• Condos with a registration desk will be approved on a case-by-case basis
• The rate quote is based on a 740 FICO • Minimum FICO for this program is 620

For more information about our Condominium Loan Programs, visit our web page here.

This document was prepared for discussion and illustration purposes only. This is not a commitment to lend. Scenarios, estimated benefits and projections are not guarantees of future performance. Pacific Home Loans has many other loan options available. Please ask for details. PHL is an Equal Housing Lender. Restrictions apply. All rights reserved. Interest rates, APRs are effective 07/29/2019, are based on current market rates, are subject to change without notice, and are for informational purposes only. Rates, APRs and loan program availability may vary depending on loan details such as points, loan amount, loan-to-value, borrower’s credit, seller contribution, property type, occupancy, and whether or not an escrow account is set up for the payment of taxes and insurance. Actual interest rate will be determined at time of lock-in. This is not a commitment to lend. APR (Annual Percentage Rate) reflects the effective cost of your loan on a yearly basis taking into account such items as interest, mortgage insurance, most closing costs, discount points and loan origination fees. APR is an estimate and may be more or less with any changes in loan amount, term of loan or other criteria. A security interest will be taken in your home. Restrictions regarding secondary financing may apply. Product Disclosures 1) Mortgage Insurance – Mortgage insurance costs vary by the loan program selected and other factors – ask us about the various mortgage insurance options available.