Make homeownership in Hawaii happen. Whether it’s your first home or your forever home, HawaiiUSA Federal Credit Union is here to help.
Steps to the home buying process
Step 1: Know how much home you can afford
How much debt do you have? What is your current monthly budget?
Step 2: Evaluate your credit score and history
Ensure it’s accurate and know what factors impact it
Step 3: Gather required documents
These include tax returns, pay stubs/W-2/proof of income, bank statements, gift letters (if applicable), identification, and rental history
Step 4: Pre-qualify for a home loan
The mortgage lender looks into your situation—debt, income, and available assets—and gives you an idea of the amount you will qualify for
Step 5: House-hunting
The fun part! Consider location and type of property—house, condominium, apartment, etc.
Step 6: Make an offer
Keep in mind that an offer is a law-binding contract between you and the seller. Be sure to hold all negotiations and contingency discussions prior to making your offer.
Step 7: Close
Once all negotiations, inspections, and the mortgage application have been completed, closing on your home can begin.
See how Crystal, a public school teacher, realized her dream of becoming a homeowner in Hawaii.
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