Bank of Hawaii Wholesale

Bank of Hawaii Wholesale

130 Merchant Street, Suite 1510, Honolulu, HI 96813

https://www.boh.com/

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
2

Total loans closed with Loan Factory (past 12 months)
1

Lender overview

Basic information

Conventional
Home Ready

First Mortgagee Clause to read as follows: For All Perils Bank of Hawaii ISAOA PO Box 5000 Carmel, IN 46082 Loan Number: _________________ Home Equity Lines of Credit: Bank of Hawaii Bankoh Loan Center – HECL Insurance P.O. Box 2715 Honolulu, HI 96803-2715 Loan Number: __________________ Flood Insurance: Bank of Hawaii Home Equity Insurance P.O. Box 135009 Honolulu, HI 96801-5009 Loan Number: __________________

N/A

Lock policies & Fees

Lock Policies

Lock cut-off is Hawaii Standard Time Midnight (2:00am PST next day)
Extension Policy
To extend a lock it will cost 0.125% to fees per 7 days.
Max of 4 extensions (0.50% to fee)

Please enter any extension requests through the Encompass TPO Portal.
Locks must be extended prior to the expiration date.

Higher of pricing, unless 30 days has passed.

Yes

Lender's niche & Overlays

**This lender only lends in Hawaii and to loan officers physically located in Hawaii.**

Saleable: Fannie Mae Conventional Fixed rates and ARMs

Portfolio Loans:

  1. Fixed rates and ARMs
  2. Jumbo loans to $4,000,000
  3. Condotels, Co-Ops, Non-warrantable condos
  4. 100% LTV for Owner Occupant Purchase to $1MM
  5. New Projects / Fee Purchase
  6. HELOC's
  7. Non-conforming properties
  8. Leasehold properties
  9. Vesting in LLC, Partnerships, Corporations, and Trusts
  10. Construction / Permanent
  11. Foreign and Canadian Borrowers

Portfolio products, set up a meeting to discuss

Allow lender credit to cover BPC.

Max DTI 45%

Student loans (deferred) 2% payment of unpaid balance

Full Kitchen required - sink, oven with four burners, and full-sized fridge


Lender turn time

3

3

3

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