“Don’t tell me it’s impossible to be a first-time homebuyer in Hawaii. It’s not.”
A good mortgage loan officer knows all those little differences. You have to be a problem solver by nature. That’s really the kind of team we have at CPB.
“There’s a lot of talk about the challenges of being a first-time homebuyer here. But it’s absolutely possible. And a critical factor is working with a mortgage banker who can help you map out and execute a plan.
There are so many kinds of mortgages, and so many personal financial factors that go into the process. The guidelines are exactly the same for all mortgage loans. But not a single loan is the same. A good mortgage loan officer knows all those little differences. You have to be a problem solver by nature. That’s really the kind of team we have at CPB.
Something else at CPB Home Loans that makes a real difference is how our team collaborates. We help each other work out problems and find opportunities. That happens all day long, and it really helps us provide better solutions for our customers.
One of our special approaches for first-time buyers is our Physician Flexible Lending program for medical professionals — physicians, dentists, optometrists, chiropractors, physical and occupational therapists, and veterinarians.
CPB Home Loans created a unique, hassle-free term financing program for these professionals: an 80% first mortgage, and a 20% second mortgage. That means zero down payment. And the two loans can exceed $2.5 million, which is a lot of buying power in Hawaii’s real estate market. There are a number of qualifications, of course, but it’s a great way to help them start their professional and personal lives.
And if that approach doesn’t work for any given buyer…we’ll find one that will.”
-Tommy Nguyen, Assistant Vice President and Mortgage Loan Officer