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Maui County 2nd Highest for Hawaii Mortgage Approval

By
Real Estate Broker/Owner

For those of us that live in Maui, there are so many reasons to celebrate being a part of this amazing community. From the friendly neighbors to the plethora of fun activities to explore, it’s no wonder why we all love living on this island so much. But did you also know that Maui happens to be among the top counties in the state for mortgage loan approval as well? Now that’s another reason to celebrate!

According to a study by SmartAsset, an online-based financial technology company, Maui is among the top in Hawaii for mortgage loan approval rates. The study ranked counties across America by assessing the ratio of total mortgage applications to mortgage approval rates. In Hawaii, Maui came in second behind Oahu. In third place came Big Island and Kauai County ranks fourth with Kalawao County on Molokai coming in last. According to the report, Maui County has a 59.81 percent loan funding rate and an annual mortgage rate of $14,489.

Full Article Here: Maui County 2nd Highest for Hawaii Mortgage Approval