Constructive Loans for Hawaii investors
Constructive Loans has particular strength in new construction and ground-up development financing across multiple states including Illinois.
Hawaii context
Hawaii lowest property tax rate but highest acquisition prices. DSCR economics challenging. STR heavily restricted on Oahu and Maui. Foreign national investor activity strong.
How Constructive Loans positions in Hawaii
For Hawaii specifically, Constructive Loans fits investors who match the hard money approach. The low cash flow profile of Hawaii aggregate makes it workable for Constructive Loans.
City-level coverage in Hawaii
Constructive Loans provides DSCR coverage across Hawaii metros including Honolulu, Hilo, and Hawaii. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Constructive Loans program terms apply uniformly across Hawaii metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, new-construction, bridge |
| Loan size | $75K - $5.0M |
| Rates | 9%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| Hawaii property tax | 0.3% |
| Hawaii state income tax | 11% |
Constructive Loans strengths in Hawaii
- experienced new construction underwriting
- broad product suite
Ideal borrower: Investor with new construction or ground-up plans
FAQ
Yes, operates nationally including Hawaii. Constructive Loans is based in New York, NY and operates nationally.
Honolulu is the top investor market in Hawaii and falls within Constructive Loans national coverage. Honolulu property tax follows the Hawaii state rate of 0.3 percent. Constructive Loans typically underwrites Honolulu acquisitions at standard rate sheets.
Yes. Hilo ranks among the larger Hawaii investor metros and sees consistent DSCR loan volume from Constructive Loans. Submarket variation within Hilo matters for property selection.
Constructive Loans applies the same rate sheet across Hawaii metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Honolulu, Hilo, and Hawaii all qualify for the same Constructive Loans program.
Constructive Loans indicative DSCR rate range is 9 to 12 percent with 1 to 3 points.
Hawaii lowest property tax rate but highest acquisition prices. DSCR economics challenging. STR heavily restricted on Oahu and Maui. Foreign national investor activity strong. Constructive Loans follows standard business-purpose loan structures.
Constructive Loans funds fix-and-flip, BRRRR, rental, new-construction, bridge in Hawaii.
Hawaii allows standard DSCR prepay structures; Constructive Loans typically uses 3-5 year step down.
Constructive Loans typical close: 10-21 days typical.
Bottom line
Constructive Loans in Hawaii works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Constructive Loans.