Construction Loans

Easy one-step financing takes care of everything you need, including both the construction and permanent mortgages.  Lower monthly payments during construction that converts to your permanent mortgage after construction.  Available for owner-occupants, second home buyers and State of Hawaii resident investors.

• Permanent Fixed Rate Mortgages (FRMs) and Adjustable Rate Mortgages (ARMs) available
• One-time closing
• No prepayment penalty
• Single-family, fee simple
• Available for purchases and refinances
• Loans up to $2,000,000 for owner-occupants
• Local processing, underwriting and servicing

Requirements and Other Restrictions:

• Certain requirements and restrictions apply. Subject to loan approval

Fast. Flexible. Friendly.

• State’s largest retail bank. We’re here to help you meet all of your personal and business banking needs, with over 70 convenient locations statewide

• Mortgage loans done fast.  We’ll speed the mortgage for your home purchase in just 30 days from start to finish!^†

• Pre-approved loans. Pre-approval^‡ coupled with a quick closing could give you a negotiating edge with the seller and a competitive advantage over other buyers

• Experienced, knowledgeable, friendly lending professionals. We’ll help you select the appropriate loan program and facilitate the documentation process

• Strength of a portfolio lender. This gives us the flexibility you may need to get the deal done. No prepayment penalties

• Local decision making, underwriting and servicing. We get loans done quickly, and when you need our help, we’re right here to assist you   

Trusted Lender

At Bank of Hawaii, we're proud to have helped more Hawaii homeowners get a new home loan, refinance their existing home loan or get a home equity line of credit than any other local bank. We were also named by Forbes as one of "America's Best Banks" for the fifth straight year and voted as “Best Bank” by the readers of the Star-Advertiser in its "Best of 2013 People’s Choice Award."

*#1 Residential Lender ranking is for number of residential loans made and for total dollars by a local bank. Information compiled by Title Guaranty derived from Hawaii Bureau of Conveyances tax data for 2012. Information is deemed reliable but not guaranteed.

**Forbes, December 19, 2013 online edition.