Effective immediately REMN Wholesale will accept applications for transaction in the state of Hawaii. The following guidelines apply; see pricing sheet for additional details
- 1- 4 unit primary residence, second home and investment properties are eligible
- Fixed rate and ARM programs are eligible
- FHA, VA, USDA, and FNMA products are eligible including DU Refi Plus
- Leasehold properties are eligible subject to approval guidelines
- FNMA Condominiums must be warrantable via limited or CPM review- lender full review not eligible
- FHA Condominiums must be HRAP or DELRAP approved
- High balance 1 unit only, conforming loan limits on 2-4 units
LAVA ZONE 1
- Not eligible for ANY program.
LAVA ZONE 2
- FNMA: not eligible
- FHLMC: eligible – ONLY through co-issuance. Contact Lock Desk for special pricing.
- FHA: not eligible.
- VA: eligible – only if lava insurance for at least the amount of the mortgage can be obtained.
- USDA: eligible – only if lava insurance for at least the amount of the mortgage can be obtained.
LAVA ZONE 3+
- No agency (FNMA, FHLMC, VA, FHA, USDA) restrictions.
- Jumbo loans based upon individual investor guidelines.