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RELOCATING TO HAWAII OR ISLAND HOPPING

MOVING FROM THE MAINLAND

Verification of income is key when relocating. If you are maintaining your current job (programmer, marketing) it needs to be verified by your employer. If you are moving and beginning a new job here,you will need an employer accepted letter outlining your position and income. You loan can close after receipt of your first paycheck.

RETIRING TO HAWAII

Selling your home and moving to Hawaii? The financed portion of your purchase must be validated with adequate income to make the payment and stay within 43% DTI (debt-to-income). Consider assets like Social Security, pensions, 401k/IRA to help make your new life comfortable and secure.

ISLAND TO ISLAND

Waikiki too crowded? Lihue traffic driving you pupule? Kona too hot? Hilo too wet? Find your home in your own perfect paradise. We create your mortgage first so you can make a qualified offer, then provide fast closing so your get can out of the old and in to the new.

Here's an example:

New York couple has accepted new jobs in Hawaii with similar positions as in NY. Both new employers provided job acceptance letters, start dates, and pay plans. Since first paycheck is required to fund the loan, the buyers rented their condo from the seller for 30 days prior to closing.

Here's an example:

Semi-retired missionary couple sell their Texas home for $200,000 and buy their Hawaii home for $695,000. Their missionary income remains but doesn't support the mortgage payment. Buyers set up a monthly draw from their 401k to cover the difference.

What is 'Mortgage First'?

You don't need a property to get your mortgage approved. We build your complete loan file and submit it to underwriting. You're approved before you begin shopping! When you find your home and make an offer we can be clear to close in 10 days.

RECOMMENDED PROFESSIONALS

Insurance Agents

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ALOHA NEIGHBOR, GOT A QUESTION?

Drop us a line!

Better yet, see us in person!

We love our customers, so feel free to visit during normal business hours.

Big Island Mortgages by Doug Mallardi

76-6190 Plumeria Road, Kailua Kona, Hawaii 96740, United States

Call or Text: (808) 333-4341 doug@bigislandmortgages.com

Hours

Mon

09:00 am – 05:00 pm

Tue

09:00 am – 05:00 pm

Wed

09:00 am – 05:00 pm

Thu

09:00 am – 05:00 pm

Fri

09:00 am – 05:00 pm

Sat

Closed

Sun

Closed