State offers loans to first-time homebuyers - Hawaii News Now - KGMB and KHNL

State offers loans to first-time homebuyers

HONOLULU (HawaiiNewsNow) - First time homebuyers will have a chance at finally owning their dream home.

The Hawaii Housing Finance and Development Corporation is making $43 million available via single-family loans through its Hula Mae mortgage program.

The program offers a 30 year mortgage loan at 3.45 percent interest, as well assistance with their down payment.

Eligible borrowers must meet program criteria. Click HERE to read more on the program requirements.

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