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Mortgage in Hawaii

Finding the perfect mortgage to go with the perfect home is easy at Hawaii State FCU. We’re here to help you buy a home in Hawaii.


Payments You Can Afford

Enjoy affordable monthly payments with today’s rates and terms.

Anywhere, Anytime Access

Log in to Online Banking or use the Mobile App to manage your mortgage.

Expert Advice and Servicing

Our mortgage team is here to answer questions and get what you need.


Special Promotion – Now Through October!

Receive up to a $500 appraisal credit and a $1,500 credit that may be applied toward closing costs or prepaid fees when you fund a qualifying conventional purchase or refinance first mortgage loan with Hawaii State FCU!*

Applications must be received by October 31, 2021 and loan must be funded by Hawaii State FCU by December 31, 2021 to be eligible.

Meet with a Mortgage Loan Officer
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Ready to apply for a Mortgage Loan and need assistance?

Schedule an appointment online with one of our mortgage loan officers.

Fixed Rate Term

Rate

Points

APR

Fixed Rate Term

30 year

Rate

2.875%

Points

1.750%

APR

3.045%

Fixed Rate Term

30 year

Rate

3.000%

Points

1.125%

APR

3.121%

Fixed Rate Term

30 year

Rate

3.125%

Points

0.500%

APR

3.196%

Fixed Rate Term

30 year

Rate

3.250%

Points

-0.375%

APR

3.252%

Fixed Rate Term

15 year

Rate

2.125%

Points

1.625%

APR

2.413%

Fixed Rate Term

15 year

Rate

2.250%

Points

1.125%

APR

2.467%

Fixed Rate Term

15 year

Rate

2.500%

Points

0.125%

APR

2.575%

Fixed Rate Term

15 year

Rate

2.625%

Points

-0.500%

APR

2.625%

First Mortgage Purchase Promotion

Receive 0.25% points off when you obtain a mortgage with Hawaii State FCU1

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Calculators to help you save and spend smart


Buying a home in Hawaii is a big investment. It involves a lot of time, research, and naturally, finances. Here are a few things to consider before buying a home.

Mortgage Loan Options

Conventional Mortgage

Purchasing a home is quick and easy with a Conventional First Mortgage Loan. Our knowledgeable Mortgage Loan Officers will work with you to make sure your experience is convenient and painless.

  • Finance up to $765,600 or up to 95% loan-to-value ratio, whichever is less
  • Fixed rate and monthly payments2
  • Terms to fit your needs
  • Improved residential property in Hawaii accepted as collateral

Apply Now

Combo 100 Program3

Looking for a loan but don’t have any funds for a down payment? Combine a Conventional First Mortgage Loan with a Combo 100 Home Equity Line of Credit and we’ll help you finance 100% of your home up to $750,000.

To make it even easier, you can use gift funds, seller credits and lender credits to pay your closing costs.

  • No down payment required
  • No income, ZIP code, or census tract restrictions
  • No minimum buyer contribution required – gift funds from eligible sources may be used for all down and closing costs
  • Primary residence transactions only
  • First-time and repeat homebuyers eligible

Apply Now

Click here for disclosure

First-Time Homebuyer Program

Buying your first home is a big step. Thankfully, our team of Mortgage Loan Officers has your back and will guide you through every step of the process. They’ll help make your dreams of owning your first home a reality with our First Time Homebuyer Program4 with low down payment options.

  • Finance up to $765,600
  • No household income cap
  • 3% minimum down payment
  • Gift funds from eligible sources may be used for all down and closing costs

Apply Now

Jumbo First Mortgage Loan

Sometimes the perfect home doesn’t fit the conventional mortgage. That’s why we have Jumbo First Mortgage Loans5. Our Mortgage Loan Officers will work you step by step through the mortgage process.

  • Combine with our second lien to purchase up to $1.5 million with as little as 10% down
  • Fixed rate and payments
  • Terms to fit your needs
  • Only improved residential property in Hawaii accepted as collateral

Apply Now

VA Guaranteed Loans

Fund a first mortgage under the Veterans Administration guaranteed loan program6 for up to 100% of the purchase price with no ongoing monthly mortgage insurance premium. Also enjoy additional flexibility with debt-to-income ratios and credit history.

  • For eligible active duty, retired and reservists
  • 100% financing up to $765,600 for one-unit Oahu properties
  • 100% financing up to $765,600 for one-unit Maui properties
  • Minimal funds for closing costs required

Apply Now

Click here to learn more about VA Home Loans >>

Fixed Rate Term

Rate

Points

APR

Fixed Rate Term

30 year

Rate

2.500%

Points

0.375%

APR

2.738%

Fixed Rate Term

30 year

Rate

2.625%

Points

0.000%

APR

2.835%

Fixed Rate Term

30 year

Rate

2.750%

Points

-0.375%

APR

2.932%

Fixed Rate Term

30 year

Rate

2.875%

Points

-0.750%

APR

3.028%

Fixed Rate Term

15 year

Rate

3.000%

Points

-1.250%

APR

3.209%

Fixed Rate Term

15 year

Rate

3.125%

Points

-1.375%

APR

3.317%

Fixed Rate Term

15 year

Rate

3.250%

Points

-1.625%

APR

3.405%

Fixed Rate Term

15 year

Rate

3.375%

Points

-1.750%

APR

3.513%

Meet Our Mortgage Team

We’re here to help. Call or book an appointment online with a Mortgage Loan Officer today. You can also call our Member Service Call Center at (808) 587-2700 or Toll-free 1 (888) 586-1056 and select option “4”.

Ready to apply for your Home Loan?

Start your online application

Apply Now

Schedule an appointment at one of our branches.

Schedule an Appointment
Disclosures

* Appraisal waiver and credit details: An appraisal for a 1-unit primary residence may be waived if the valuation is accepted under the FNMA or FHLMC automated underwriting system (Desktop Underwriter or Loan Product Advisor). If the valuation is not accepted, an appraisal will be required and the appraisal fee will be waived if the loan is funded. For multi-unit, investment properties and second homes, a $500 credit will be applied towards the cost of the appraisal if the loan is funded. Non-standard fees for expedited appraisals not included and must be paid separately.

Closing cost & prepaid fee credit details: The $1,500 credit may be applied to loan closing costs (including points), settlement agent costs, recording fees, notary fees, loan-related legal fees, title insurance fees, and for certain pre-paid insurance and property taxes collected to establish an escrow impound account. The credit may not be applied to pre-pay insurance and property taxes when an escrow impound account will not be established with HSFCU, nor to pre-pay leasehold lease payments, homeowners association maintenance fees, or planned-unit development fees. For purchase transactions, seller credits, if any, must be applied toward closing costs and prepaids before the $1,500 credit may be applied toward the loan transaction costs. Any amount in excess of actual closing costs and prepaids will not be refunded or credited. The $1,500 credit will only be applied toward closing costs and prepaids on funded loans.

Required upfront application deposit: A $1,000 application deposit is required for 1-unit primary residence and second home transactions. A $1,500 deposit is required for multi-unit (2-4 units) and investment property transactions. The deposit is required before HSFCU will process the loan application. In the event of withdrawn, cancelled or denied applications, the appraisal cost will not be waived and the $1,500 credit will not be applied. Applicants will be responsible for all expenditures incurred by HSFCU. After the application deposit has been applied toward expenses, any excess will be refunded to the applicant.

Eligible transactions: Purchase or Refinance applications that are received between July 1, 2021 and on or before October 31, 2021 are eligible. Loans must fund and record no later than December 31, 2021. Offer may be cancelled prior to October 31, 2021 by HSFCU at any time without advance warning. HSFCU Membership is required; contact HSFCU to see how you may qualify for free membership. All borrowers must be Hawaii residents. This offer is good for in-house Conventional loans only. VA loans are ineligible for this offer. This offer may not be combined with discounts offered under the HSFCU employee loan program.

1. The APRs shown above include a reduction in points of 0.25 percentage point for purchase transaction first mortgages for all occupancy types for 1-4 family residential properties in the state of Hawaii for loans funded in-house by Hawaii State FCU. For refinance transactions, increase points by 0.25 percentage point and increase the APR by 0.021 percentage point for a 30-year loan and increase the APR by 0.038 percentage point for a 15-year loan.

2. Payment examples:
For a 15 year loan for $100,000 with 5% downpayment at 3.50% interest rate, no points, and an APR of 3.896%, the monthly principal and interest payment is $715. The total of all interest payments for 15 years is $28,679 and the total of all payments for 15 years $128,679. Payments do not include amounts for taxes and insurance premiums, including property and mortgage insurance premiums. The actual payment obligation will be greater.

For a 30 year loan for $100,000 with 5% downpayment at 4.25% interest rate, no points, and an APR 4.701%, the monthly principal and interest payment is $492. The total of all interest payments for 30 years is $77,098 and the total of all payments for 30 years is $177,098. Payments do not include amounts for taxes and insurance premiums, including property and mortgage insurance premiums. The actual payment obligation will be greater.

3. Click for Mortgage Combo 100 disclosure

4. All borrowers must be first-time homebuyers and not have had interest in real estate in the three previous years to be eligible. Estimated APR with a purchase price of $100,000 and a loan amount of $97,000 for 30 year term is 4.644% with monthly principal and interest payment of $456.13. Total payments for the term of the loan are estimated to be $164,206.79 with total interest for the term of the loan of $67,206.79. Actual APR will vary based on creditworthiness. APR available as of 10/1/2018 and is subject to change. Loan also requires mortgage insurance, collateral hazard insurance, hurricane insurance, flood insurance for properties in designated flood hazard zones, and HO6 walls-in condominium insurance in amounts to be determined by Hawaii State FCU. Payments do not include amounts for taxes and insurance premiums, including property and mortgage insurance premiums. The actual payment obligation will be greater. All premiums for the aforementioned insurances and property tax must be impounded and escrowed by Hawaii State FCU unless otherwise collected and paid by a homeowners’ association. Program is available for 1-unit fee-simple owner-occupied primary residences located in the state of Hawaii only. Must be a Hawaii resident. Membership in the credit union required.

5. Payment example:
For a 30 year loan for $800,000 with 20% downpayment at 4.25% interest rate, no points, and an APR 4.264%, the monthly principal and interest payment is $3,936. The total of all interest payments for 30 years is $616,787 and the total of all payments for 30 years is $1,416,787. Payments do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater.

6. Payment example:

For a 15 year loan for $100,000 with a fully financed VA funding fee** and total loan amount of $102,300 at 3.125% interest rate, 1.000% points, and an APR of 3.782%, the monthly principal and interest payment is $713. The total of all interest payments for 15 years is $25,974 and the total of all payments for 15 years $128,274. Payments do not include amounts for taxes and insurance premiums, and the actual payment obligation will be greater.

For a 30 year loan for $100,000 with a fully financed VA funding fee** and total loan amount of $102,300 at 3.375% interest rate, 0.125% points, and an APR of 3.666%, the monthly principal and interest payment is $452. The total of all interest payments for 30 years is $60,516 and the total of all payments for 30 years is $162,816. Payments do not include amounts for taxes and insurance premiums, and the actual payment obligation will be greater. NMLS# 405316

** VA funding fee may vary based on your eligibility.

Third Party Site Disclaimer

We may provide links to external websites that refer to third party services and products available to Hawaii State FCU members, for enrollment in Hawaii State FCU financial education webinars, or other purposes. Please review the terms and conditions of use carefully. We do not make any express or implied representation or warranty to you concerning the quality, safety or suitability of external websites, or their services, products, or contents. External websites are not under our control and may have different security, privacy and other. Using the links may identify you as a Hawaii State FCU member to the external website operator.  Services and products from third parties are not obligations of, nor endorsed or guaranteed by, Hawaii State FCU nor the National Credit Union Share Insurance Fund.  Alternative services and products may be obtained from other providers of your choice.

Click “ACCEPT” to enter an external website. Click “Cancel” to return to HSFCU’s website.

Please remember to log off of Online Banking and Mobile Banking before going to any external website.

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