2012 Hawaii VA Mortgage Limit for 100% Financing

Beginning January 1st, 2012 the VA Mortgage limits for 100% financing for Hawaii will be going down a little.

For Oahu County is will be: $695,750

For all other Hawaii Counties it will be: $625,500

VA Jumbo loans will be handled the same way.  Most of the Hawaii lenders require 25% down payment for anything over the limit.  For example a purchase of $795,750 on Oahu would require $25,000 down.

If you are looking to purchase a home in Hawaii and you are considering using your VA benefit, please contact me and I can walk you through the process.

Good luck and happy house hunting!