Hawaii FHA Loans - A Solid Government Home Loan Program
If you aren't active military or retired military, then VA loans aren't an option but the next best thing is a Hawaii FHA Loan. It's the best government home loan program for non-military home owners.
| Benefits of FHA Hawaii Home Loans | |
|---|---|
| #1 | 97% financing on a purchase |
| #2 | 90% financing on a cashout refinance (75% maximum for conventional loans) |
| #3 | Mortgage rates are .5% - .75% lower than conventional loans |
| #4 | Lower FICO score requirements (640) |
| #5 | FHA streamlines: refinancing FHA loans into another FHA loan requires no income and no appraisal |
Hawaii FHA Loans - Streamline refinancing
A FHA streamline refinance loan allows those who already have an FHA loan to take advantage of the current low interest rates. Our mortgage specialists are proficient in FHA streamlines and should be able to get the streamline refinance done with a relatively quick turnaround time. The best part is that there is no income verification and the home owner is not required to get an appraisal. Contact us today and be on your way to streamline your existing FHA Loan to a lower rate.