Hawaii · Subsidized loan

HHFDC Hula Mae Mortgage

Below-market rate for Hawaii buyers

Below-market 30-year fixed rate for first-time buyers in Hawaii. FHA, VA, conventional eligible.

HHFDC's Hula Mae Mortgage provides below-market rates for Hawaii buyers. The rate reduction helps offset Hawaii's high insurance costs, property taxes, and the maintenance expenses unique to island living.

AmountBelow-market rate for Hawaii buyers

TypeSubsidized loan

Available inHawaii

First-time buyer requiredYes

Minimum credit score640

Multi-unit eligibleSingle-family only

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down

Federal · Subsidized loan

VA Loan $0 down + no monthly mortgage insurance

Federal · Federal benefit

NACA Program $0 down + $0 closing + $0 PMI + below-market rate

National · Nonprofit program

HHFDC DPA (Hawaii) DPA available statewide

Hawaii · DPA program

All Hawaii programs →

Get your free stacking strategy

We'll show you how to combine HHFDC Hula Mae Mortgage with other programs to maximize your free money — personalized to your ZIP code and income.

Or get matched with a lender who knows this program →

All Hawaii programs →