Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan)

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) es un segundo préstamo diferido para compradores de vivienda en Hawaii, a cargo de Hawaii Housing Finance & Development Corporation (HHFDC). The Hale Kamaaina Mortgage Program is HHFDC's flagship first-time homebuyer program offering competitive 30-year fixed-rate first mortgages (targeted at least 50 basis points below market) with an optional down payment assistance second mortgage. Qualifying borrowers may receive a DPA loan of up to 4% of the first mortgage amount, accruing simple interest at 1% per year with no monthly payments, due upon maturity, sale, or refinance. The program had $30 million available at launch. Down payment assistance up to 4% of first mortgage. 1% simple interest, no monthly payments. Deferred until sale, refinance, or maturity. No prepayment penalty. Pairs with below-market 30-year fixed first mortgage. Higher limits and FTHB waiver in targeted areas. Los fondos provienen de Tax-exempt mortgage revenue bond proceeds.

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) es diferido, así que no hay pagos hasta que la vivienda se venda o se refinancie, o se termine de pagar la primera hipoteca. El reembolso se activa por Due in full upon first mortgage maturity, sale, refinance, or other qualifying event. La ayuda se registra con un gravamen en posición Second. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: First-time buyer = has not owned and occupied a principal residence for the past 3 years; exceptions may apply for Veterans or purchases in targeted areas. Sobre el crédito, el programa indica: Minimum FICO 660 (per current rate sheet for both government and conventional offerings). Se requiere un curso de educación para compradores de vivienda, a través de Homeownership counseling program through a HUD-approved housing counseling agency; required for all persons on title (not cosigners). Requisito de residencia: Bona fide resident of Hawaii. Ciudadanía o situación migratoria: U.S. Citizen or Resident Alien. To receive the DPA second, borrower must contribute a minimum of 5% of the sales price, must not own any other residential property (fee simple or leasehold) in the State, and must not have previously received a down payment loan from any HHFDC program. Borrower must receive a Recapture Tax Notice. Min/max DPA dollar amount and exact min credit score for the DPA tier not separately stated beyond the 4% calculation and 660 FICO on the rate sheet; full program guidelines PDF (eHousingPlus, dated 04-08-2026) could not be retrieved.

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) fija su límite de ingresos así: Household income limits (2025, non-targeted / targeted) by county and household size: Hawaii $123,000 (1-2 person) / $141,450 (3+); targeted $147,600 / $172,200. Honolulu $152,000 / $174,800; targeted $182,400 / $212,800. Kalawao $133,080 / $155,260; targeted $147,600 / $172,200. Kauai $159,480 / $186,060 (no targeted tracts). Maui $161,520 / $188,440; targeted same. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) limita el precio de compra a $809,458. Los tipos de propiedad elegibles incluyen Single Family, Townhouse, PUD y Condo. La construcción nueva es elegible.

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) menciona a veteranos entre los grupos a los que atiende. Aparecer aquí significa que el programa menciona al grupo, no que pertenecer a él baste por sí solo para que un solicitante califique; las demás reglas de elegibilidad siguen aplicándose.

Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) atiende a compradores de vivienda que compran en cualquier lugar de Hawaii. El programa se dirige a áreas específicas: Federally designated targeted-area census tracts (economically disadvantaged) qualify for higher income and purchase price limits and waive the first-time buyer requirement. No targeted tracts exist in Kauai County.

Las solicitudes de Hale Kamaaina Mortgage Program - Down Payment Assistance (Second Mortgage Loan) se tramitan a través de Hawaii Housing Finance & Development Corporation (HHFDC), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Lender reserves funds via eHousingPlus eHPortal; 60 days from reservation to loan purchase. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.