USDA Loan Program

USDA Loans

  • No down-payment – 100% financing
  • 620 minimum credit score – No collection accounts or late payments within the last 12 months or bankruptcy within the last 36 months
  • Must meet income guidelines for County (Hawaii County, 4 person family – Income must not exceed $104,100)
  • Owner-occupied residences ONLY. No income producing properties. Lava zones 3 and above.

100% Financing of USDA Construction Loans

  • Construction to Permanent Loan – One-time close
  • Loan amount may include land acquisition or payoff of land loan balance, construction costs, and closing costs, if appraised value is sufficient
  • Licensed Contractor-Built
  • Bonding required
  • Contractor to complete contractor questionnaire and budget provided by lender
  • Contractor subject to approval by lender and bonding company

Any Questions About USDA Loans or 100% Financing of USDA Construction Loans? We’re available to help!