Put as little as 10% down
Low Down Payment Mortgage
You dream of owning a home.
But a 20% down payment to get a mortgage feels out of reach. Wouldn't it be great if someone would cut that number in half? We did.
No limits on your income or home price
Money-saving interest rates
Get an affordable mortgage without spending all your savings
Whether you're still figuring out what you can afford or you've already found a home in Hawaii, the down payment math matters. Many traditional mortgages require 20% down. Maui County FCU's Low Down Payment Mortgage requires as little as 10%. That's half the cash you'd otherwise need to set aside before you could buy, which means you may be able to afford a home now instead of delaying your plans for years while you save up.
As little as 10% down, through a 90% LTV combination first and second mortgage, instead of the 20% many traditional mortgages require.
Open to first-time and repeat buyers alike.
No income or sales price limits (loan limits still apply).
Down payment can include gift funds or grants, and seller concessions are allowed.
Available for purchase or refinance.
Make your dream home a reality with Maui County Federal Credit Union's home loan options with competitive loan rates. Contact a member of our team today to get started, or apply online.
Low Downpayment Mortgage FAQs
Maui County FCU membership ($5.00 par-value share).
Credit and underwriting approval.
Property must be a single-family primary residence, including eligible condos.
Loan must be for purchase or refinance of that residence.
Homebuyer counseling may be required.
Down payment may include gift funds or grants; seller concessions are allowed.
Resources for Managing Your Money
Helpful resources, financial education, calculators, and guidance to help you save smarter and handling your finances with confidence.
Determine your monthly mortgage payment.
Learn how to keep your accounts and information secure.
Bank smarter with convenient digital tools and features.
View current rates for loan products.
Determine your monthly mortgage payment.
Learn how to keep your accounts and information secure.
Bank smarter with convenient digital tools and features.
View current rates for loan products.
-
Earn 5% in dividends
-
Debit card rewards
Malama Rewards Checking
Enjoy a checking account with rewards
Earn 5% on your checking account up to $25,000, plus rewards for using your debit card for everyday expenses.
Take the next step to homeownership without using your entire savings