Mortgage Rates to Increase in 2019

“RATE INCREASE FOR 2019! The Federal Government has announced potential MORTGAGE RATE INCREASES FOR 2019! Please make sure you lock your loan today before we see another increase next month”
J. Catcheson
- The Wall Street Journal
  • $0 Money Down Hawaii Loans

    $0 Money Down Hawaii Loans

    Hawaii USDA loans are always $0 down with 100% of the loan financed. That means if you thought you couldn’t afford a Hawaii home, think again.

  • 100% USDA Loan Guarantee

    100% USDA Loan Guarantee

    Hawaii USDA loans are always $0 down with 100% of the loan financed. That means if you thought you couldn’t afford a Hawaii home, think again.

  • Hawaii USDA Loans Available

    Hawaii USDA Loans Available

    Did you know that most areas in Hawaii are eligible for a USDA home loan? Contact American Financial Network Hawaii Mortgage today for more information.

Hawaii USDA Single Family Housing Guaranteed Home Loans

This program helps approved lenders such as American Financial Network Hawaii Mortgage, a certified USDA home loan lender, to provide low- and moderate-income households the opportunity to own homes which are their primary residence in eligible rural areas.  Applicants who qualify can build, rehabilitate, improve or relocate a home in these areas.

Program Qualifications*

  • Meet income-eligibility (contact us for details)
  • Agree to personally occupy the dwelling as their primary residence
  • Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
  • Have the legal capacity to incur the loan obligation
  • Have not been suspended or debarred from participation in federal programs
  • Demonstrate the willingness to meet credit obligations in a timely manner
  • Purchase a property that meets all program criteria
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What is an eligible area?

Please contact us today about receiving information about Hawaii USDA home loan property eligibility areas.

How may funds be used?

Funds backed by loan guarantees be used for:

  • New or existing residential property to be used as a permanent residence. Closing cost and reasonable/customary expenses associated with the purchase may be included in the transaction
  • A site with a new or existing dwelling
  • Repairs and rehabilitation when associated with the purchase of an existing dwelling
  • Refinancing of eligible loans
  • Special design features or permanently installed equipment to accommodate a household member who has a physical disability
  • Reasonable and customary connection fees, assessments or the pro rata installment cost for utilities such as water, sewer, electricityand gas for which the buyer is liable
  • A pro rata share of real estate taxes that is due and payable on the property at the time of loan closing. Funds can be allowed for the establishment of escrow accounts for real estate taxes and/or hazard and flood insurance premiums
  • Essential household equipment such as wall-to-wall carpeting, ovens, ranges, refrigerators, washers, dryers, heating and cooling equipment as long as the equipment is conveyed with the dwelling
  • Purchasing and installing measures to promote energy efficiency (e.g. insulation, double-paned glass and solar panels)
  • Installing fixed broadband service to the household as long as the equipment is conveyed with the dwelling
  • Site preparation costs, including grading, foundation plantings, seeding or sod installation, trees, walks, fences and driveways