Ka Wai Ola - Office of Hawaiian Affairs, Volume 10, Number 11, 1 Nowemapa 1993 — Page 6 Advertisements Column 1 [ADVERTISEMENT]

Good news for Hawaiian Homesteaders looking to buy or improve a home.

Hiki no iā mākou! (Yes we ean!) ^ a Hawaiian ■ and on Hawaiian Homesteader looking to buy [ | Homestead land. You must or improve a home, you may plan to live in the home you buy be eligible for a special ^^^H or improve. And you must meet program now available through B ^>^1 lB Jl*T* I mH the annual household ineome First Hawaiian Bank. It's called HHHHHKiHHI ^^H limits. In Honolulu County, the the Hawaiian Homesteaders Loan Program. And it offers limit for famies of three or more is $69,800; for families of two loans that ean help you. less than three it's $59,800. In all other Hawaii counties, the The first loan is for Hawaiians who are eligible for limit for families of three or more is $54,600; for families of Hawaiian homestead land and a mortgage, but cannot afford a less than three it's $47,500. Also, your credit should be good. large down payment. The maximum loan amount is $20,000 at This special $20 million revolving Ioan program has 6 7/8% based on a 20-year amortization over a 10-year period. been made possible through the efforts of the Office of The second loan enables Hawaiians residing on Hawaiian Affairs, the Department of Hawaiian Home homesteads to make home improvements. The maximum loan Lands and First Hawaiian Bank. amount is $50,000 at 6 7/8% based on a 20-year To find out if you qualify, eall our Residential Real amortization over a 10-year period. Estate Service at 525-6386 in Honolulu or visit any To qualify for either loan, you must be Hawaiian branch of Rrst Hawaiian Bank. First Hawaiian Bank Ves you ean. -m" U n State Department of Hawaiian Home Lands ^ ** Aina o Hawai'i Aina Ho'opulapula Aina Aloha Of Member FDIC