Financing on the Mainland from HI
5 Replies
Scott Hensley
Rental Property Investor from Jacksonville FL Honolulu, HI
posted 9 months ago
Joel Bongco
Flipper/Rehabber from Mililani, HI
replied 9 months ago
Have you tried Navy Federal Credit Union? I know they have branches in Hawaii and Florida. Aloha!
Lane Kawaoka
Rental Property Investor from Honolulu, HAWAII (HI)
replied 8 months ago
Let me know and I can send you a spreadsheet of all the best Heloc’s in Hawaii.
William Doom
New to Real Estate from Honolulu, HI
replied 8 months ago
Are you only dealing with credit unions and local banks? All the BIG Box banks will allow you to sign anywhere. We do it all the time. Escrow just overnights the closing package back to our funder.
If you are only talking with CU and local regionals and you live here in HI, you might run into the issue of being outside their network and they won't help you. Big Banks and mortgage companies like the one I work for do loans in all 50...
Scott Hensley
Rental Property Investor from Jacksonville FL Honolulu, HI
replied 8 months ago
@ @Joel Bongco
Thank you for the recommendation to talk to Navy Federal. I sat down with them today and they will do a HELOC on an investment with a max LTV of 70% or $100K. I have started the process with them and will try to follow up as we move forward.
Originally posted by @Joel Bongco:
Have you tried Navy Federal Credit Union? I know they have branches in Hawaii and Florida. Aloha!
Loren Clive
Residential Real Estate Broker from Haiku, HI
replied 8 months ago
Normally you just sign in the presence of a notary then mail the documents to escrow? I did a HELOC refi with Quicken, and they sent a mobile notary to my home to execute all the docs.
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