Hula Mae Mortgage Loan Program
The Hula Mae Mortgage Loan Program is available through the Hawaii Housing Finance and Development Corporation.
As much as 3% of the sales price is offered to eligible applicants as down payment assistance. In order to qualify, the applicant must be a Hawaii resident, 18 years old or older, and a US citizen or declarant alien. Only first-time homebuyers are eligible. Previous Hula Mae loan recipients cannot reapply.
This down payment assistance must be used for primary residences in Hawaii.
The total annual household income limit for 2020 depends on location and number of people in the household:
- Honolulu County
- 2 persons or less: $123,600
- 3 persons or more: $144,200
- Maui County
- 2 persons or less: $107,160
- 3 persons or more: $125,020
- Kauai County
- 2 persons or less: $98,880
- 3 persons or more: $115,360
- Hawaii County
- 2 persons or less: $88,080
- 3 persons or more: $102,760
Other programs in Hawaii:
