Hawaii Jumbo Mortgage

The Hawaii Jumbo Mortgage loan is not an uncommon option for those looking to buy or refinance a single family home. Many values and sales prices are still high and may require this type of financing.

Jumbo Loans are available from $625,501 to $1,000,000 for owner-occupant, second home, and investor purchases. Ask about our Super Jumbo loans available from $1,000,001 up to $2,000,000.

Features and Benefits:

No prepayment penalty.

Available for refinancing.

Requirements and Other Restrictions:

Eligible properties include 1 to 4 units.

Certain requirements and restrictions apply. Subject to loan approval. Not valid with any other offers.

When Is Your Loan Considered A 'Jumbo' Mortgage?

These loan amounts apply for all Hawaii first mortgage loans as of January 1, 2008. If your loan amount exceeds these maximum principle loan amounts for your first mortgage, you will need to apply for a Hawaii jumbo mortgage.

If your loan is between $1,000,000 and $2,000,000 your loan is often considered a 'Super Jumbo' loan.

 Other Hawaii Jumbo Mortgage Information

Jumbo loans will almost always have higher interest rates than mortgages that fall within confomring lending limits. One of the reasons for slightly higher rates is that Hawaii jumbo mortgage loans are considered a higher risk for the lender to lend on such large loan amounts.

As we mentioned earlier that there is a possibility your Hawaii jumbo mortgage may be considered a 'Super Jumbo' loan, keep in mind that there also may be different requirements to qualify. For expert information, complete the form below.