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Hawaii VA Loans

Deciding to purchase a house in Hawaii is a huge financial decision, but with the unique benefits provided by the VA loan, your dream of homeownership just got that much easier.

Updated on May 10, 2023

With the average listing price of a home in Hawaii being about $834,583, the VA loan’s signature $0-money-down benefit is a considerable advantage for Hawaii homebuyers.

How to get a VA Loan in Hawaii

VA loans are made by private lenders and guaranteed by the Department of Veterans Affairs. Because private lenders make the loans and not the VA, you need to find a lender licensed in the state you plan to purchase or refinance. For example, if you're purchasing a home in Honolulu, HI, you'll need to find a lender licensed in Hawaii to do the loan.

See also: VA Loan Eligibility Requirements

Other Considerations for Getting a VA Loan in Hawaii

VA borrowers in Hawaii should also consider the cost and impact of VA loan limits and property taxes when making their home purchase.

Hawaii VA Loan Limits

As of January 1, 2020, VA borrowers in Hawaii with their full VA loan entitlement are not restricted by VA loan limits. This means you can borrow as much as a lender is willing to lend without needing a down payment.

However, veterans without their full VA loan entitlement are still bound to Hawaii’s VA loan limits.

Hawaii VA Loan Limits by County

County Loan Limit
Hawaii $1,089,300
Honolulu $1,089,300
Kalawao $1,089,300
Kauai $1,089,300
Maui $1,089,300

Property Taxes in Hawaii

Another consideration for VA buyers in Hawaii is property taxes. For certain VA buyers, there are exemptions.

You may be eligible for a property tax exemption in Hawaii if you meet one of the following conditions:

  • If you are a 100% disabled veteran as a result of service, you may receive a property tax exemption of $60,000 or more for your primary residence depending on the index rate set by the U.S. Secretary of Veterans Affairs.

If you are required to pay property tax in Hawaii, the American Community Survey by the U.S. Census Bureau estimates you may pay the following in each county:

Property Tax Rates in Hawaii:

County Property Tax Rate
Hawaii 0.19%
Honolulu 0.28%
Kauai 0.19%
Maui 0.16%

How VA Loans Work in Hawaii

View the graphic below to learn more about how VA loans work in Hawaii.

How Hawaii VA Loans work How Hawaii VA Loans work How Hawaii VA Loans work
START HERE: $0 Down VA Home Loans
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Veterans United Home Loans is a VA approved lender; Mortgage Research Center, LLC – NMLS #1907 ( Not affiliated with the Dept. of Veterans Affairs or any government agency. Not available in NV. 1400 Forum Blvd., Columbia, MO 65203. Equal Housing Lender