Hawaii Home Buying Guide
West Region · Non-Judicial Foreclosure State
Key Facts at a Glance
What Makes Hawaii Unique
Lowest property tax rate in the US at 0.27%
Highest median home prices nationally
HHFDC offers below-market rates to Hawaii residents
First-Time Buyer Programs in Hawaii
HHFDC Hula Mae Single Family Program
Contact your state housing finance agency for current eligibility and rates
USDA Rural Loans (Big Island)
Contact your state housing finance agency for current eligibility and rates
VA Loans for veterans
Contact your state housing finance agency for current eligibility and rates
Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.
Closing Costs in Hawaii
Attorney at Closing
Attorney Not Required
Hawaii does not require an attorney at closing. A title company typically handles the transaction. Consider hiring one anyway for complex deals.
Local Tips for Hawaii Buyers
Low property taxes partially offset high purchase prices.
Leasehold vs fee simple — always confirm land ownership type.
VA loans are extremely popular for military/veteran buyers here.
Estimated Annual Ownership Cost in Hawaii
Based on the median home price of $830,000 with a 10% down payment and 7% mortgage rate.
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