Real Estate MADE FOR YOU 

Hawai’i Life’s Specialized Military Team provides you with real time market conditions, on-the-ground information and personal assistance tailor made for military personnel and families. We guide you through the process and are driven by getting real results for our clients. We love what we do and are eager to serve you.


 

Services for Sellers

  • Smart Marketing
  • Military Specialized Agents
  • Massive Web Traffic
  • Market Research & Pricing
  • Powerful Networking, Networks
  • Comparable Market Analysis
  • Internal Design & Web Team
  • Relocation Logistics
  • Professional Photography 
  • Client Database
  • Lead Management Systems
  • Open Houses & Showings
  • Appraisal & Inspection Scheduling
  • Closing Process Coordination
  • Negotiation & Communication
  • Transaction Management

SERVICES FOR Buyers

  • Solid Representation
  • Military Specialized Agents
  • VA Loan Experts
  • Local Intelligence
  • Powerful Research Tools
  • Comparable Market Analysis
  • Relocation Logistics
  • Preapproval, Lenders
  • Military Service Benefits
  • Closing Process Coordination
  • Negotiation & Communication
  • Transaction Management
 

5 Ways We Help with VA Loans

We have experience guiding clients through the loan process successfully. Our goal is to make it easy for you and to find the right home for your VA loan. We will facilitate inspections, ensure the home meets VA’s requirements and work with all parties throughout the appraisal process. We will be your personal source for information, with you every step of the way. 


VA Loan Guide

The VA Loan offers exclusive advantages including no money down, no private mortgage insurance, competitive interest rates and easier qualification requirements.

VA Funding Explained 

The VA Funding Fee is paid directly to the Department of Veterans Affairs and is the reason they can guarantee this no-money down loan program. The Funding Fee is automatically financed in your VA Loan and calculated into your payments. The amount of the Funding Fee is determined by four factors—loan amount, type of service, down payment (if any) and whether or not you have used your VA loan in the past.

LOAN LIMITS *subject to change

Jumbo loans up to $1 million
Conforming loans up to:
$721,050 (City and County of Honolulu)
$713,000 (City and County of Kauai)
$657,800 (City and County of Maui)
$625,500 (City and County of Hawaii)

LOAN PROGRAM TYPES

  • 30-year fixed rate mortgages
  • 15-year fixed rate mortgages

ELIGIBLE PROPERTY TYPES

  • Single family dwelling
  • Single unit condominium*
  • Townhouses

ELIGIBLE BORROWERS

  • Veterans and reservists who meet VA eligibility/entitlement requirements
  • Two veterans may be joint borrowers if both occupy the home*
  • Veteran and spouse (non-veteran) may be co-borrowers only**
  • Veterans who previously purchased under VA and sold may be eligible with reinstatement of entitlement  

DOWN PAYMENT

No down payment required unless purchased price exceeds the reasonable value of the property. In Hawaii, the down payment is 25% of the difference of VA county loan limits.

SELLER CREDITS

  • Allowable to pay for closing costs, prepaids and buydowns;
  • 4% maximum (of sale price or appraised value)
  • Seller concessions

OTHER FACTS

  • No prepayment penalty
  • Veterans can pay non allowables up to 1% if no origination or processing fees are charged.
  • VA Loans may be assumable by qualified veterans through current servicer

* VA approval required    ** Co-signers are ineligible


BAH Investments

Even if you are only stationed in Hawaii for three years, purchasing a home with your VA home loan benefit allows you to put your BAH back in your pocket when you sell. The VA Loan offers exclusive advantages: no money down, no private mortgage insurance, competitive interest rates and easier qualification with flexible requirements.

Monthly BAH figures pulled from military.com and are 2017 BAH rates for Honolulu County, HI. 


Personal Service

Hawai’i Life is here to help make sense of the home buying process for the Military in Hawai’i. We are your personal source for information and assistance. We work with you and leading lenders in the VA Loan industry to help military buyers access the most powerful lending program on the market.