Beginning January 1st, 2012 the VA Mortgage limits for 100% financing for Hawaii will be going dow
n a little.
For Oahu County is will be: $695,750
For all other Hawaii Counties it will be: $625,500
VA Jumbo loans will be handled the same way. Most of the Hawaii lenders require 25% down payment for anything over the limit. For example a purchase of $795,750 on Oahu would require $25,000 down.
If you are looking to purchase a home in Hawaii and you are considering using your VA benefit, please contact me and I can walk you through the process.
Good luck and happy house hunting!
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Randy L. Prothero, REALTOR®
Principal Broker, ABR, AHWD, CRS, e-PRO, GRI, MRP, SFR
Island Style Realty Inc.
Team Leader - "The Prothero Group"
Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers. His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.
Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors. To improve overall professionalism in his area Randy also offers classes for real estate agents.
www.HawaiiRandy.com * Oahu (Honolulu County) Property Search * Hawaii Military Relocations
