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Hula Mae Loan

In the race to get a Hula Mae loan it makes sense to go with Hawaii’s #1 home loan machine.

If you’re a first-time home buyer, a State of Hawaii Hula Mae loan from Bank of Hawaii could be music to your ears. That’s because the State of Hawaii is making $43 million in low-rate home loans available to eligible Hawaii residents. Certain income and purchase price limits apply and these loans are only available on a first-come, first-served basis to qualified applicants. So to take advantage of this limited time opportunity, hurry in and talk to a Bank of Hawaii home loan expert today.

Call and speak to a local loan officer today >

For more information about the Hula Mae Mortgage Loan Program, please visit the Hawaii Housing Finance & Development Corporation website.

Certain restrictions apply. Subject to eligibility requirements of HHFDC and Fannie Mae; credit qualification and availability of Hula Mae Program funds. Maximum loan amounts dependent on county where property is located.
*Interest rates are effective 04/09/12 for first $17,000,000 of available Hula Mae Program funds. Monthly Principal and interest payment is $446.26 per $100,000 borrowed. After the $17,000,000 of program funds has been depleted, the rates for the remaining $26,000,000 of available Hula Mae Program funds will be at an interest rate of 3.25% and an APR of 3.35%. Monthly Principal and interest payment is $435.21 per $100,000 borrowed. Annual Percentage Rate (APR) and monthly principal and interest payments are calculated based on a 20% down payment and does not include additional costs such as taxes and insurance premiums. Bank of Hawaii does not guarantee the availability of any particular interest rate, and any interest rate information provided to you is solely for your information.