First Time Home Buyer

 Programs in Hawaii

Complete First Time Home Buyer Programs Available in Hawaii.

The state agency created by the legislature in Hawaii to offer first time home buyer programs is the Department of Hawaii Home Lands. Here is a summary of the current first time home buyer programs that are offered:

Home Ownership Assistance Program (HOAP)

The Department of Hawaiian Home Lands is devoted to providing beneficiaries with the most effective assistance possible in facilitating a smooth process by offering professional support every step along the way. Not only will this program help those that are applying for new homeownership, but HOAP is also designed to provide financial guidance to existing lessees through the debt reduction, credit repair, and finance management courses.

DHHL’s Home Ownership Assistance Program consists of the following components:

Access to the HOAP Information Call Center
Delivery of HHCA Orientation Workshops
Delivery of DHHL Application & Genealogy Workshops
Delivery of Homebuyer Education & Financial Literacy Courses
Access to Providers that deliver one-on-one assistance in credit repair, mortgage lending applications, financial management, and other homeownership relevant assistance
Access to Providers that specialize in credit repair, debt reduction and/or debt restructuring
HOAP is a program of the Department of Hawaiian Home Lands, administered by the Council for Native Hawaiian Advancement (CNHA) and delivered by multiple Provider firms dedicated to affordable housing initiatives in the state of Hawaii.

For complete details on these first time home buyer programs available to Hawaii residents, visit the Department of Hawaii Home Lands website.

Se also the First Time Home Buyer Grants page.

Best Lender For First Time Home Buyer Loans

Unfortunately, some lenders do not like to work with first time home buyers (due to not having a track record), and prefer instead to only provide mortgages to people who have previously owned a home. If you do not need help with the down payment and are not in need of any state program, but simply want to apply for a mortgage, we recommend  ING DIRECT Orange Mortgage They have great rates, an easy online application, and welcome first time home buyers. Additionally they have not been as severely hurt by the subprime mortgage crisis and are still approving the majority of applications.

Other First Time Home Buyer Programs & Resources