Aloha! Are you looking to apply for the best Hawaii mortgage loan for your home purchase, refinance, or home equity loan? Whether you are a first time home buyer or looking to refinance, finding the right loan is much more than getting the loan with the best ‘numbers’.

Who we are in the Hawaii mortgage industry

The Hawaii Mortgage Loan website is managed right here in the heart of Honolulu!

With over 5 years of helping Hawaii home owners and buyers, we have found that there were three reasons why people get frustrated during the loan process:

- No one called them back or they felt like they were, “In the dark”
- The information and rate quotes they received after submitting their application were inaccurate
- Processing and Underwriting was confusing

Listen, we know how you feel and understand that our approach to doing business may not be for everybody because talking mortgage rates is not our focus. However if you are nervous or undecided about who to work with, take a look at what our site can guide you to:

1. Loan officers will always be in constant contact with you so you will always know the status of your Hawaii mortgage loan every step of the way. Therefore you can feel secure and comfortable knowing that you are being looked after and cared for from beginning to end.

2. While we are not perfect, you will always receive the best and most accurate program and local mortgage rate information throughout the entire process so you can make informative and educated decisions. What this means to you is that you will be saving time and money.

3. They will strive to make the processing and underwriting phase of your loan as simple and stress free as possible by doing a thorough job during the application phase which will give you more control and freedom. You can expect thorough explanations which gives you peace of mind while your loan is underwritten.

Now that we have shown you that we are committed to delivering the highest level of attention and detail when it comes to your real estate financing needs, the next step is to find a good company to work with.

You want to work with people who are dedicated to doing things like:

1. Call you back and keep in constant communication with you about your mortgage
2. Deliver the most accurate and helpful information possible
3. Remove any clouds of confusion or stress during the underwriting of your loan

Isn’t that what you want from your loan officer while getting the best loan options and rates available?

Click here for more information!

One other thing I’m beginning to notice is the huge differences between some locally based banks and Mainland lenders. Sometimes these gaps are as huge as 1.5 points in differences for the same rate!

So far I’ve singled out one local bank who is coming in consistently higher in points and their not offering any 30 day Hawaii mortgage rate locks either. I wonder what’s going on there? Nevertheless, there are still huge opportunities out there:

We’ll be back on Wednesday, February 18th for your next Hawaii mortgage update. Have a fun, safe holiday!

Last two weeks have been a bit up and down but for the most part, Hawaii mortgage rates still being very attractive today:

Luckily today Honolulu mortgage rates took a big dip going down about half a point in cost for both the 15 year and 30 year fixed, conforming Hawaii mortgage.

If you also remember that I’ve been mentioning that a few lenders, both local and mainland based, were experiencing high volumes of business which was causing some back-ups. In turn these lenders were forced to do away with the 30 day rate locks, and only accept 45 day locks.

Today I found out that Wells Fargo is now again accepting 30 day Hawaii mortgage rate locks which means that your loans should be going through underwriting and reaching approval a bit faster!

While Honolulu mortgage rates creep up, it just ever so slightly a move upwards about an eighth of a percentage point in cost and/or rate for both the 30 and 15 year fixed conforming Hawaii mortgage.

I’m seeing that a lot of lenders such as Wells Fargo and First Hawaiian Bank are still only accepting 45 day rate locks which indicate that their underwriting and approval departments are still going strong and busy.

Hawaii mortgage rates are moving, but once again not by much. The 30 year rate has increased a bit, by about an eigth of a percentage but still doing very nicely.

Honolulu mortgage rates for the 15 year fixed have also moved up a bit, by about a quarter of a percent but still nothing major going on.

The last week has shown a trend with rates moving up again, however I wouldn’t let that scare you if you are thinking about applying for a Hawaii mortgage.