Hawaii Rehabilitation & Renovation Loans

Hawaii Renovation and Rehabilitation Loans allow borrowers to purchase a Hawaii property that is in a distressed state and then renovate the property to maximize yield at a future point of sale. Sometimes properties are nearly rehabbed when COHI is contacted and the borrower requires minimal funds to complete the project. These loans are used to fund the acquisition and renovation of the subject property which may then be refinanced, sold or held as a rental property. COHI specializes in this type of loan and is ready to help you realize your goals.

  • General guidelines vary with every deal, please call to discuss.
  • COHI will work with the borrower to assess the current “as is" value of the property as well as the “after built" value of the property.
  • Loans range from $50,000 "” $1,000,000 depending on the location and the condition of the property.
  • COHI will lend up to 65% of the “after built" value of the property which will require the borrower to have a cash investment roughly equal to 35% (case by case basis) of total costs to acquire, renovate and stabilize.
  • COHI will fund acquisition and may hold a reserve for renovations.
  • Loan length typically 3 months to 1 year

We do not fund or make any loans to be used by the borrower for personal, family, or household use. Multiple property types will be considered, however, borrower must be seeking funds for only business or investment purposes.