Hawaii First-Time Home Buyer Programs 2026
Below-market rates available through Hawaii Housing Finance and Development Corporation (HHFDC). HHFDC Hula Mae program offers below-market rates on 30-year fixed loans for first-time buyers.
Max Assistance
Below-market rates
Type
Hawaii Home Loan Program
Min Credit
620+
Max Home Price
$500,000
Ready to apply for Hawaii assistance?
Get pre-approved in minutes — your lender will connect you with HHFDC programs automatically.
Hawaii First-Time Buyer Programs Comparison
| Program | Max Assistance | Type | Min Credit | Income Limit |
|---|---|---|---|---|
| Hula Mae Single Family Best statewide rate program | Below-market rate | Rate discount | 620+ | $115K–$160K |
| HHFDC Rental Assistance Income-qualified buyers | Varies | Deferred assistance | 620+ | Same |
Eligibility Requirements
- ✓First-time buyer or 3-year rule
- ✓620+ credit score
- ✓Income within HHFDC limits
- ✓Primary residence in Hawaii
- ✓HHFDC-approved lender required
Pro Tip
Hawaii has very high home prices — HHFDC programs help bridge the gap. Available on Oahu, Maui, Hawaii Island, and Kauai.
How to Apply for Hawaii Programs
Get Pre-Approved
Work with a HHFDC-approved lender. They handle the state program paperwork for you.
Complete Education
Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.
Close & Get Funds
The Hawaii Home Loan Program is applied at closing — you don't pay extra at the table.
Official Agency
Hawaii Housing Finance and Development Corporation
HHFDC — Hawaii official housing finance authority
Frequently Asked Questions
What is the best first-time home buyer program in Hawaii?
The best program in Hawaii is the Hula Mae Single Family, which offers Below-market rate as a Rate discount. Minimum credit score: 620. Income limit: $115K–$160K.
How much down payment assistance is available in Hawaii?
Hawaii offers up to Below-market rates through Hawaii Housing Finance and Development Corporation (HHFDC). The assistance is structured as a Hawaii Home Loan Program. Income limits are $115,000–$160,000 depending on household size and county.
What credit score do I need for Hawaii first-time buyer programs?
Most Hawaii programs through HHFDC require a minimum credit score of 620. Some programs may accept lower scores with compensating factors. Check with an HHFDC-approved lender for your exact score requirements.
What is the income limit for Hawaii first-time buyer programs in 2026?
In 2026, Hawaii income limits are $115,000–$160,000 depending on household size and county. The home price limit is $500,000. These limits are set by Hawaii Housing Finance and Development Corporation.
Don't Leave Below-market rates on the Table
Pre-approval is free. Your lender will apply for HHFDC programs automatically — no extra work for you.
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