Smart Money Monday: down payment on first house or condo - Hawaii News Now - KGMB and KHNL

Smart Money Monday: down payment on first house or condo

Posted: Updated:
Tony Orme Tony Orme

HONOLULU (HawaiiNewsNow) - Many parents face the situation of how to help their kids with a down payment on their first house or condo. In Hawaii it's very common for parents to try to lend a hand.

But what's the best way to do that?

Here this morning is Bank of Hawaii senior vice president Tony Orme with some advice on one method not commonly thought of.

Copyright 2010 Hawaii News Now. All rights reserved.