With a history of more than 90 years, HomeStreet Bank is a community bank serving in Hawaii. The bank offers a wide range of financial products including deposit accounts, lending services, consumer banking and other financing. Homestreet bank has lending offices in Kahului and Kahului, HI.
If you want to buy a home and wonder where to find the best home loan program, HomeStreet Bank provides you with many good options to support a wide variety of different situations. And the bank also provides reverse mortgages for customers who is more than 62 years old. Learn more about home loans at this bank!
HomeStreet Bank’s Most Popular Mortgages
Fixed-Rate Mortgage is one of the most popular and conservative loans at Homestreet bank. Fixed rate means that the payment of principal and interest will not change in the life of loan.
Adjustable-Rate Mortgages is a good option for those customers who will anticipate in significant pay increases. Of course, if the interest rates trend down in the future, you’ll also be benefited.
FHA loan is a special loan with requirement of 3.5% down payment. And it comes with very low interest rates and service fees. At the same time, VA Loans are only eligible for military veterans. VA loans are featured with 100% financing.
HomeStreet Bank’s Reverse Mortgages
The loans can help you increase cash flow or get more financial flexibility and security, if you are a senior homeowner.
In general, reverse mortgage loans are insured by FHA. You can receive reverse mortgage proceeds in monthly payments or in a lump sum. In a word, if you are at least 62 years old and own the home as a primary residence, you’ll be qualified for the reverse mortgage.
- Site: www.homestreet.com
- Tel: 800-719-8080
Back to List of Banks and Credit Unions in HI