MULTIFAMILY (5+ UNITS) · Hawaii (HI) Underwriting Matrix

Hawaii Multifamily Loans (5–8, 5–9, 5–10, 5–25 & 5+ Unit Apartment Financing) — 2026 Rates, LTV Caps & State Rules

Hawaii Multifamily (5+ Units) provide business-purpose real estate investors with Up to 75%–80% LTV Purchase / 70%–75% Cash-Out across loan amounts from $100,000 – $15,000,000+ at 6.50% – 8.50% (Perm) / 8.99%+ (Value-Add Bridge) (30-Yr Fixed, 5/1 & 7/1 ARM, 10-Yr IO, 24-Mo Bridge, 660+ FICO min FICO, 21 – 30 Business Days close). In Hawaii (HI), lenders underwrite to a Judicial (Primary) / Non-Judicial Statutory statutory framework (190–280 days-day average timeline), a 0.31% average property tax rate (~$205/mo at the $795,000 state median), and $520/$100K hazard insurance (~$345/mo).

Max Leverage / LTC

Up to 75%–80% LTV Purchase / 70%–75% Cash-Out

Min FICO: 660+ FICO

2026 Rate Band

6.50% – 8.50% (Perm) / 8.99%+ (Value-Add Bridge)

30-Yr Fixed, 5/1 & 7/1 ARM, 10-Yr IO, 24-Mo Bridge

HI Security Instrument

Judicial (Primary) / Non-Judicial Statutory

190–280 days days avg timeline

HI Avg Tax & Ins

0.31% Tax

$520/$100K Hazard Ins

How Multifamily (5+ Units) Work in Hawaii (HI)

Multifamily loans through Loan Daddy LLC (NMLS #2827624) cover every apartment unit bracket—including 5–8 unit residential crossover DSCR, 5–9 and 5–10 unit small-balance apartments, 5–25 unit mid-market buildings, and 5+ unit commercial communities—offering both permanent 30-year fixed financing and value-add bridge-to-perm capital.

1. Hawaii Median Benchmark

Median 1–4 unit price of $795,000 (75% LTV = $596,250) with Form 1007 rent of $5,150/mo and multifamily rent of $2,750/door.

2. Escrow & Title Underwriting

Hawaii operates under a Judicial (Primary) / Non-Judicial Statutory regime (190–280 days days). Lenders require ALTA lender's title endorsement, LLC Good Standing, and 6 months PITIA liquidity reserves.

3. Fast-Track Closing (21 – 30 Business Days)

Close in your Hawaii LLC or Delaware LLC registered in HI with zero personal tax returns, W-2s, or 4506-C transcripts.

Explore Other Programs in Hawaii

Hawaii DSCR Loans (Up to 80% LTV Purchase / 75% Cash-Out)Hawaii Hard Money Loans (Up to 85%–90% LTC / 75% ARV)Hawaii Private Money Loans (Up to 80% LTV / 85% LTC)Hawaii Fix & Flip Loans (Up to 90% Purchase + 100% Rehab (75% ARV Cap))Hawaii Bridge Loans (Up to 80% LTV Acquisition / 75% Bridge Cash-Out)Hawaii Ground-Up Construction (Up to 85% LTC / 70%–75% Completed ARV)Hawaii Commercial Property (Up to 75% LTV)Hawaii Rehab & BRRRR Loans (Up to 85%–90% LTC + 100% Rehab Escrowed)Hawaii Cash-Out Refinance (Up to 75% LTV Cash-Out (Select 80% LTV Tiers))