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High Balance Mortgage Loans in the State of Hawaii

Did you know there is a loan product in between conforming and jumbo? The High Balance Conforming is a good option if your loan amount is not substantially higher than the conforming limits. The interest rates are only about 0.125% higher than a conforming loan.

This loan product can be used for principal residence, second home, and investment property. The maximum loan to value on a purchase for principal residence is 90%, on a second home 65%, and on an investment property 65%. Good credit is important for these loans. In Hawaii, the loan limits by county are as follows:

  • Kauai: $713,000
  • Hawaii (Big Island): $625,500
  • Honolulu: $721,050
  • Maui: $626,750
  • Kalawao: $626,750

It’s always good to compare the high balance and jumbo loan products. Depending on your specific situation, jumbo can be the better option. However, considering the High Balance first would be a good idea.

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Judy Shiroma

June 14, 2012

Thank you Sharon for being such a great resource for us as Realtors, and for our wonderful clients!

Judy Shiroma

June 14, 2012

Thank you Sharon for being such a great resource for us as Realtors, and for our wonderful clients!

Shaylyn Kimura, R(S)

June 21, 2012

This is great information to know as real estate agents and definitely worth looking into. Thank you for keeping us abreast on available loan products, Sharon.

Shaylyn Kimura, R(S)

June 21, 2012

This is great information to know as real estate agents and definitely worth looking into. Thank you for keeping us abreast on available loan products, Sharon.

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