FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development. Mason-McDuffie is a fully approved FHA lender.
FHA loans are an attractive option, especially for first-time homeowners:
Low monthly mortgage insurance payment.
Lower down payment requirements, as low as 3.5%.
High loan limits, making the FHA program extremely affordable.
Combinable with the Mortgage Credit Certificate for ultimate savings.
Current max loan amount in Honolulu for one unit is $793,750