Posts: 2,019
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Joined: Jan 2008
Aloha,everyone!
I own a lot in Kalapana Sea View Estates.I am trying to build a small house for myself.I need a consruction loan.Can someone recommend a resonable lender?I have very high credit score and a permanent job.Currently I live in California,but my company has an office in Hilo and I can be transferred. But I don't make much.
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Whatever you assume,please
just ask a question first.
Posts: 2,314
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Joined: Jun 2003
Not all lending companies lend in Lava Zone 1 but if you own your lot free and clear you shouldn't have difficulty getting a construction loan from American Savings Bank or Indymac Bank. I don't know the mortgage brokers on the East side but I am sure the "other" John will give you some options.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,RB
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
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Hi there, we are building in Nanawale (lava zone 2) and are going thru Damien Ching:
Home Mortgage Professionals
820 Piilani St., Suite 102
Hilo, HI 96720
Phone 808-935-9775
Toll-free Phone 1-866-935-9775
He's been great to work with so far, very patient with my 101 questions! Good luck and happy building!
Dot
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I just finished building a house for myself in Paradise Park. I went with Indymac Bank. They have a construction-permanent loan that is a good deal, and they were pretty easy to work with. I also have a high credit score and low yearly income. I tried just about every local mortgage broker and bank with no luck. I got the loan through a mortgage broker friend of a friend in Washington state. She was great. Send me an email if you would like her contact info.
Aloha, Mike
Posts: 2,314
Threads: 59
Joined: Jun 2003
Call Dennis Kaping of Island Home Capital at 896-9995. I just talked to him and mentioned your situation.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,RB
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
Posts: 2,019
Threads: 201
Joined: Jan 2008
Thank you so much,everyone!
I didn't expect so many answers.I am so grateful.Just one correction:my lot is in lava zone 2 ,not 1.
___________________________
Whatever you assume,please
just ask a question first.
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StillHope, you are right -- you're in Lava Zone 2. At different times, I have worked with most of the people that have already been recommended. They're good. Another good one is Joy Gillette at Trinity Mortgage.
John Dirgo, R, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.alohacoastrealty.com
