A one-time close Hawaii Construction/Permanent Program can help you build your dream home, your vacation home, or allow you to renovate your existing home.

With this program, the construction and permanent phases of home building in Hawaii are combined into one loan and one closing. A one-time application and closing result in a reduction of closing costs. There is also the assurance of permanent financing prior to construction and a guaranteed rate for 6 to 12-month period, which guards against rising interest rates during construction. In addition, financing is simplified with the ease of having both interim and permanent financing handled by one lender. We offer construction and permanent financing in one easy step!

Here is how it works:

Once you are approved for the Hawaii Construction/Permanent program, we will assist you as you move forward to the construction loan closing. After the construction loan closing, your money will be released to pay off the land and you will start to build. You are not obligated to the full budget; your permanent mortgage will depend on how much money you have used over the construction loan period. Once you are near completion of the home, the mortgage lender will start working on your permanent loan. When the construction is complete, your Hawaii construction loan will automatically roll into a 15, 20, or 30-year fixed rate mortgage, or other program that you’ve qualified for.

Our Construction-to-Permanent Loan in Hawaii is a one-time close loan. This means with one application, you get all the financing you need in one easy process.