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
Units Hawaii
1 $625,500
2 $800,775
3 $967,950
4 $1,202,925

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.

 

Important Changes To Our Broker and Emerging Banker Agreements  Read More