island lending hawaii llc maui: Ocean view custom designed SMART home with luxury living - 06/28/18 02:06 PM

Ocean view custom designed SMART home with luxury living in mind. View every detail of this dream home via 3D tour at https://goo.gl/Ach994 Owner has spared no expense in the construction and purpose of creating this home by searching out and importing many of the designer features offered here. Enter through unique iron custom double doors and marvel as you are greeted by a custom-made spiral staircase both created by LA based Dachi Home Designs. Note the antique chandelier viewed as you walk up the staircase and all the crystal lighting throughout this home have been purchased in New York. The … (2 comments)

island lending hawaii llc maui: Hawaii Loan Limits & Conventional vs. Government Loans - 01/17/18 01:09 AM
Conventional vs. Government Loans
FHA, VA, and USDA mortgages are government loans. All other mortgages are conventional loans. FHA loans are administered by the Federal Housing Administration (FHA), part of the U.S. Dept. of Housing and Urban Development (HUD). FHA administers mortgage loan programs with lower down payment requirements that are easier to qualify for than conventional loans. FHA loans can't exceed the statutory limit. The loans are made by private lenders and insured by FHA. FHA loans are attractive to first-time home buyers, lower-income borrowers, and those with limited down payments.
VA loans are also made by private lenders but are … (1 comments)

island lending hawaii llc maui: What Goes Into Your FICO Score ? - 01/17/18 12:39 AM
Lenders use the FICO Score to help them determine the terms, conditions, and amount of your mortgage loan. The data that FICO considers in calculating that credit score falls into five categories, with the following average weightings...
 
 Payment History--35% How you've handled credit cards, retail accounts, installment loans, finance company accounts, mortgages, etc. FICO also looks into public records such as bankruptcy, wage attachments, and collections. For payment delinquencies, they want to know, how much, how many, and how long ago they occurred.
 Amounts Owed--30% What you owe, what types of accounts, and how many. The percentage of your credit line … (2 comments)

island lending hawaii llc maui: Why is my Mortgage Lender asking for 2 Years complete Tax Returns ? - 07/05/12 03:22 PM
Sometimes I run into clients that are telling me " Why do I need to show you all my Personal information " ? Did I not give you egnove paperwork justifying my income ?  This Question is quite common and in many ways I agree to their concerns of disclosing personal information. 
Due to the recent housing crisis, mortgage lenders are now examining individual’s creditworthiness more carefully than ever before. This means that lenders request a lot of personal and financial information from potential borrowers, including tax returns.
A mortgage lender is well within their rights to request that you provide them with … (3 comments)