A hard money loan in Hawaii is collateral-first, short-term financing for time-sensitive deals — auction buys, distressed acquisitions, and BRRRR rehabs in Maui and beyond. Speed and certainty of close are the product.
What Hawaii investors use hard money for
- Distressed / non-warrantable assets a conventional lender will not touch
- Estate and probate acquisitions in Maui that need certainty of funds
- Bridge between purchase and permanent financing or sale
- BRRRR starts — acquire and rehab, then exit to Hawaii DSCR
Why speed matters here: Hawaii foreclosure is both judicial and non-judicial — both judicial and non-judicial paths exist; non-owner-occupied process is workable. Asset-based capital lets you act on that inventory before financed buyers can.
Hawaii hard money terms (2026)
| Term | Hawaii range |
|---|---|
| Leverage | Up to ~90% of purchase + rehab, capped to ARV |
| Rate | Interest-only, ~10%–13% + points |
| Term | 6–18 months |
| Close | As fast as 7–14 days |
| Basis | Asset-based; $650,000 – $950,000 typical ARV |
Hawaii metros we fund
| Metro | Typical basis | Rent band | On-the-ground notes |
|---|---|---|---|
| Maui | $700K–$1.1M | $3,000–$4,200 | STR rules in flux; underwrite LTR conservatively |
| Oahu (Honolulu) | $650K–$950K | $2,800–$3,800 | condo conversions; island contractor scheduling extends timelines |
Hawaii levies state income tax (up to 11%); structure the hold or flip exit with that in mind.
Diligence before you fund in Hawaii
Hawaii carries specific physical-risk lines you must price before close:
- Volcanic and lava-zone exposure on the Big Island
- Coastal flood and high insurance/material costs
What we need to issue a Hawaii term sheet
- Scope of work and rehab budget
- A credible exit — resale comps or projected rent
- Purchase contract or auction confirmation
- Proof of funds for down payment and reserves
- Entity documents (LLC operating agreement, EIN) for vesting
Clean documents on these points are what compress a Hawaii closing to days, not weeks.
Recent Hawaii deal
Oahu condo conversion funded with extended timeline for island contractor scheduling. The pattern repeats: speed on acquisition, a clean scope, and a defined exit.
Define the exit before you borrow
Hard money is a bridge, not a destination. In Hawaii that means one of two exits:
- Resale — finish and sell via fix and flip loans Hawaii economics
- Refinance — stabilize and hold with a Hawaii DSCR loan
Hawaii DCCA mortgage licensing and high material/labor costs require conservative ARV underwriting.
Hawaii hard money FAQ
How fast can a Hawaii hard money loan close?
With clear title and a workable scope, Hawaii deals can fund in roughly 7–14 days — fast enough for Maui auction and estate deadlines.
What leverage do Hawaii hard money lenders offer?
Commonly up to ~90% of purchase plus rehab, capped against ARV (often the $650,000 – $950,000 band in Hawaii). Pricing reflects speed and asset risk, not your credit score alone.
What is the exit on a Hawaii hard money loan?
Either resale via fix and flip, or refinance into a Hawaii DSCR loan on stabilized rent. Define the exit before you fund.
Get Your Hawaii Hard Money Quote · (833) 264-7776
Rates, terms and conditions offered only to qualified borrowers and are subject to change at any time without notice. All loans are subject to full underwriting. Jaken Finance Group only finances non-owner occupied investment properties.