Percent Zero Down Hawaii Home Loans
source for 100 Percent Zero Down Hawaii Home Mortgage Loans.
Call 855-529-5222 or apply
online to get started
Zero Down Home Loans- buy your home with NO money
down - Non Owner Occ in Hawaii as well. WE can do 100% Financing
from a single family to investment loan.
or no cash up-front- 100% of the closing costs can
come from a gift or other source, we can do this all day long
in hawaii with seller concessions or gift funds.
- Less income
required- expanded debt ratios makes it easier to
qualify for the Hawaii home loan since home here are more
expensive the underwriting guidelines's are easier to qualify
history does not need to be perfect. If your going Full DOC, your
FICO needs to be around 580, if you want to go stated, then 620
or better for Hawaii Zero Down Loans
You can have 100% loans in Hawaii with this great Zero Down option
with little or NO CLOSING COSTS. This program is great for just
about everyone that has a great credit history.
difficult economy where stock valuations are questionable, one
of the best investments is real estate. But for many potential
buyers, the problem is coming up with a down payment to make this
all-important purchase. This should not be the case. It is possible
to buy a home with nothing down, meaning no down payment. There
are several methods by which eligible home buyers can minimize
or even eliminate down payments. They include: VA loans, Owner
financing, Lease/purchase, House trading, Job-related federal
programs, and State and local government programs.
Loans- The method of purchasing a home with no down payment
that most people are familiar with is through the Department of
Veterans Affairs, or VA. This benefit is available to active and
retired members of the military service, veterans, POW's and MIA's
and their unmarried widows. All branches of the service including
the Coast Guard are eligible. Also members of Selected Reserves
or National Guard who have completed six years may be eligible
along with many with WW II service from the merchant marines,
military academies and others pulled into service for the war
Trading, Lines of Credit- Many professional investors
acquire homes with no money down by trading one property for another.
In some cases, they trade one large property for several smaller
rental properties. Or they trade houses in different cities to
acquire a vacation or retirement home. Property trading is also
a legal way to avoid the capital gains associated with selling
a property. Another way to acquire a property with no money down
may be with a line of credit secured by the equity in another
property. This allows the homeowner to purchase another property
using the accumulated equity in a home without selling the original
The Office of Housing and Urban Development (HUD) offers special
financing for first-time home buyers. This program is based upon
need and is designed to allow low-income families to obtain their
first home without a significant down payment or closing fees.
Also, many HUD foreclosure homes require no down payments.
Programs - Some states, counties and cities offer programs
that can eliminate down payments. For example, Hawaii offers their
Hula Mae program. Often, prospective
home buyers must meet income requirements, hold certain jobs,
be a first-time buyer or agree to buy in a specific area. The
goal of homeownership should be achievable by almost everyone
who desires it.