Updated at 11:27 a.m., Wednesday, October 3, 2007
Bank of Hawaii offers financing for DHHL lessees
Advertiser Staff
Bank of Hawaii is promoting its newest mortgage loan option to benefit Native Hawaiians with home construction, purchases and renovation on Hawaiian home lands.The bank said the program offers financing options, lower down payments and a reduced mortgage insurance premium. The program, FHA 184A Native Hawaiian Housing Loan Guarantee Program, also is a financing alternative to Department of Hawaiian Home Lands lessees. The risks are guaranteed by the U.S. Department of Housing and Urban Development.
The bank said the new program complements two others it offers DHHL lessees, including a conventional loan program and another known as FHA 247.
