Key Facts to Buying a Home on Kauai: Financing

You’ve been dreaming about owning a home on Kauai, which is a sure sign of your superior intelligence! Now it’s time to put together the details to make your Kauai dream a reality.

Ocean View From Kauai's North Shore

Kauai’s North Shore

If you’re not planning on paying cash, or would like to know what your financing options are, here is a quick breakdown for you. Please remember that I’m not a loan officer, loan terms do change, and not every loan program will work for every person or every property.

Kauai Loan Options

Homeowners that plan on using their home on Kauai as their primary residence have many options:

  • 100% USDA loans
  • 3.5% down FHA loans
  • 100% VA up to $713,000
  • 5%-10%-15% down with PMI for conventional loans
  • 30 year fixed
  • 15 year fixed
  • ARM loans

You love Kauai and it is your dream to live here, but if you are looking for a second home, your options are clear:

  • 10% down with PMI
  • 20% down no PMI

You still love Kauai, but your Kauai dream is for an investment property:

  • 20-30% down

For those of you whose Kauai dream includes a jumbo loan, which is a loan amount over $625,000 on Kauai:

  • 20% down

Additional Information

As you’re putting together the pieces to make your Kauai dream a reality, I hope this basic information is helpful for you! Remember, I’m not a loan officer, loan programs do change, and not every loan will work for every person or property. That said, if you do have any questions, please let me know. I’m here to help!


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