Mortgage Credit Certificate (MCC)

The Mortgage Credit Certificate Program was authorized by Congress in the 1984 Tax Reform Act as a means of providing housing assistance to families of low and moderate income. The Hawaii Housing Finance and Development Corporation (HHFDC) is an issuer of Mortgage Credit Certificates.

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Homeowners are tapping into their equity at the fastest rate in eight years. Millennials are the ones leading the pack of those who are cashing in.

In 2016, the number of homeowners with potentially “tappable” equity rose to 39.5 million—those are borrowers who have at least 20 …

Have you been struggling to get your offer accepted? 

A lot of my clients are first time home buyers with low down payment. It is definitely possible to buy a home with 5% down or less. The trouble is that the current market demand is far out …

What should I sell my home or condo for? How much should I offer?

Realtors are constantly asked about the price/value of a home or condo. Most times price is driven by the Current Market Trend, Location, Neighborhood, Age, Condition, and any Improvements Made. Realtors use the most recent …

How Much Down Payment Do You Need To Buy In Hawaii?

When talking to many 1^st Time Home Buyers one of the questions they always ask is “How much down payment do I need?” There are still home buyers out there that think they need 20% down payment. …

Starting Early: Buying Your First Home Right Out of College

Many 1^st time home buyers think you need to wait 2 years after graduating to buy a property. It’s not easy but college graduates may be able to purchase their 1^st home right out of college.

Most home buyers can purchase a property with 5% down payment assuming they will be living in the property and it will be their principle residence. We help a lot of buyer purchase with 5% down and especially in Hawaii many of these buyers are 1^st time home buyers. …

Buyers tend to hear the words “mortgage insurance” and jump straight to negative thoughts. They don’t want to pay it and will try to avoid it at all costs. The truth is that mortgage insurance is one of the few ways you can purchase a property with less than 20% …

Looking to buy a property or invest in real estate? Interest rates rose following the presidential election and after nine straight weeks of increases, long-term U.S. mortgage rates fell this week. Mortgage buyer Freddie Mac said today the rate on 30-year fixed-rate loans declined to an average 4.20 percent from …

What is a 1031 Exchange?

When real property is bought and sold there are always tax implications. Through a 1031 exchange a real estate investor can sell their investment property and purchase “like-kind” property while deferring their capital gains tax. Like-kind means that if an investment property is sold, …