FHA Loans

What is a FHA Loan?

Mortgages insured by the Federal Housing Administration, or FHA, are an attractive option, especially for first-time homeowners because because of low 3.5% down payment and low mortgage insurance. You may be approved with 3.5% down with a credit score of 580+. If your credit score is between 500 – 579 then a 10% down payment is required.  It’s important to remember though, that the lower the credit score, the higher the interest you will receive. All FHA loans have mortgage insurance premiums, which protects the lender if you default.


1-4 units.


3.5 % down payment and low mortgage insurance

Loan Limits

In Hawaii County the single-unit loan limit is $360,000. For other counties the single-unit loan limit is $657,800 – $721,050. So while a FHA loan may not be practical in Waimea Big Island, it may be practical in Kihie Maui.

How Can We Help You?

Several new loan programs have emerged allowing you to get a new mortgage with 3% down payment. Loan limits are higher making your opportunity greater. We will discuss your options to deliver the best loan for your needs.

Get approved today!

Recent Question:

Does FHA financing apply to condominiums? YES! However we must verify that the condominium is already FHA approved. Those that are not already approved may have a lengthy process to be submitted and approved by FHA. Its faster to submit condos to VA and USDA for approval, so we will evaluate all your options together.