Hale Kamaʻāina Mortgage Program

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Hawaii HFA | At-A-Glance

Hawaii HFA | At-A-Glance

AVAILABLE PROGRAMS Hale Kamaʻāina Mortgage Program
ARCHIVED BULLETINS To view program bulletins click here
QUESTIONS Questions
ELLIGIBLE AREA Hawaii
ELIGIBLE BORROWER(S) Homebuyers and their spouses (occupant and non-occupant spouse including a non-purchasing spouse) must be first-time homebuyers.
RATES See chart
DPA AVAILABLE The amount of Assistance is calculated as a percentage of the lesser of the purchase price or appraised value as entered into the eHPortal.
LOAN TYPE FHA, USDA-RD, VA, Fannie Mae HFA Preferred, Freddie Mac HFA Advantage
INCOME & PURCHASE PRICE LIMITS Income and Purchase Price Limits Prior to 06/13/26
INCOME & PURCHASE PRICE LIMITS Income and Purchase Price Limits 06/13/26 and after
TIMELINE REQUIREMENTS 60 days from Reservation to Loan Purchase. Underwriter Certification anytime before closing.
HOMEBUYER EDUCATION All buyers (any person on title to the property) must successfully complete a homeownership counseling program by a housing counseling agency approved by the United States Department of Housing and Urban Development. This applies to all borrowers and not cosigners. Approved providers are in the guidelines.
CO-SIGNERS Permitted to the extent allowed by applicable Agency. The co-signer is a loan guarantor and cannot have any ownership interest in the property (they cannot be on the mortgage/deed/warranty deed) and cannot live in the property. A non-occupant co-borrower is not allowable.
PROGRAM GUIDELINES Hale Kamaʻāina Mortgage Program Guidelines
PARTICIPATING LENDERS Participating Lenders

Rates & Offerings 

Hawaii HFA | Rates & Offerings

Currently $30 Million Available
30-Year Fixed Rate
Offering FICO DPA Lock Rate
FHA, VA, USDA-RD 660 0% 4.650%
Fannie Mae /Freddie Mac 660 0% 4.950%
Downpayment Assistance 2nd mortgage loans of up to 4% of the first mortgage loan amount are available with a 0.25% rate premium to the applicable loan rate.