The Best Mortgage Lenders in Haiku, HI
Compare verified mortgage lenders serving Haiku, Hawaii. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Haiku
Featured Mortgage Lenders
Mortgage Loan Officer
American Savings Bank
As one of Hawaii's largest and most established local financial institutions, American Savings Bank has been serving Maui County residents for nearly a century. They maintain a strong physical presence on Maui with multiple branches and have deep expertise in Hawaii's unique real estate market. Their mortgage team receives exceptional ratings for personalized service, local market knowledge, and competitive rates specifically tailored to Hawaii properties. They offer specialized programs for first-time homebuyers and comprehensive digital mortgage tools alongside in-person service.
Loan Types:
Mortgage Specialist
Hawaii Mortgage Company, LLC
Hawaii Mortgage Company is a highly-rated mortgage broker serving all Hawaiian islands, including Maui and Haiku specifically. With over two decades of experience, they've built an outstanding reputation for securing competitive rates and providing exceptional customer service. Their team of local experts understands the nuances of Hawaii's real estate market, including unique property types and financing challenges. They consistently receive 5-star reviews for their responsive communication, expert guidance through complex transactions, and ability to close loans efficiently.
Loan Types:
Loan Officer
loanDepot
loanDepot maintains a physical branch in Kahului serving the entire Maui region, including Haiku, and has become one of Hawaii's top-rated mortgage lenders. They combine national lending power with local expertise, offering competitive rates and a streamlined digital process. Their Maui-based loan officers have extensive experience with Hawaii's unique property types and market conditions. Customers consistently praise their efficient process, transparent communication, and ability to handle complex financing scenarios while maintaining excellent customer service throughout the loan process.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Haiku, HI
What are the current mortgage rates like in Haiku, Hawaii compared to the national average?
Mortgage rates in Haiku typically run slightly higher than the national average due to Hawaii's unique market conditions and geographic isolation. Expect rates to be approximately 0.125% to 0.25% higher than mainland rates, though this varies by lender and loan type. Local credit unions often offer competitive rates that can help offset this difference.
Are there any special loan programs for first-time homebuyers in Haiku?
Yes, Hawaii offers several programs through the Hawaii Housing Finance and Development Corporation (HHFDC) that are available in Haiku. The HHFDC Mortgage Credit Certificate provides a federal tax credit, and their Downpayment Loan Program offers assistance with upfront costs. These programs are particularly valuable given Haiku's higher-than-average home prices.
How does Haiku's rural location and Upcountry climate affect mortgage lending requirements?
Lenders may require additional inspections and insurance coverage due to Haiku's rural setting and tropical climate. You might need windstorm inspections, termite inspections for the prevalent Formosan termites, and possibly additional flood certifications. These requirements can slightly increase closing costs but are essential for protecting your investment.
What unique closing costs should I expect when getting a mortgage in Haiku?
Beyond standard closing costs, Haiku homebuyers often encounter higher title insurance premiums, additional recording fees specific to Maui County, and potentially higher attorney fees. You'll also see costs for specialized inspections mentioned above, and possibly higher escrow requirements due to Hawaii's unique property tax system.
Are there any local down payment assistance programs specifically for Haiku residents?
While state programs are available, Maui County offers additional assistance through the County of Maui Housing Division. They provide down payment assistance loans for low-to-moderate income buyers, which can be particularly helpful given Haiku's mix of agricultural and residential properties. Eligibility often depends on income limits and property location within Haiku.
Why Choose a Mortgage Lender in Haiku?
Local Market Knowledge
Lenders who understand Haiku's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Hawaii.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Haiku and get competitive rates on your home loan.