Lending FAQs

General Questions

    There are several options to make a payment to your auto loan:

    • Enroll for FHB Online & Mobile Banking and use Internal Transfers to make a payment from a First Hawaiian Bank account, or use External Transfers to make a payment from an external bank account.
    • Visit any First Hawaiian Bank branch to make your payment
    • Mail in your payment to:
      First Hawaiian Bank
      P.O. Box 29450
      Honolulu, Hi 96820-1850
    • Wire transfer funds to make your payment

    Please contact us at 844-4178, or toll-free at (800) 362-7606, to request a payoff quote.

      A line of credit is similar to a credit card in that it is a flexible borrowing solution. You can draw on this revolving loan simply by writing a check. You are also able to borrow any part of your credit line again once you have repaid it. There are no payments until you use your line. For more information, browse our options on loans and lines of credit.

      With a personal loan, you receive the whole loan when you're approved and you start paying interest immediately on the full amount. You have a fixed schedule of payments that will reduce until the loan is paid off. For more information, browse our options on loans and lines of credit.

        First, determine your needs. Do you need to borrow a large amount? Do you want to make set payments? Do you have property to leverage your credit? Do you want extra money just in case? Our handy calculators can help give you an idea of what loan option is right for you. For a more customized analysis of what loan option is best, talk to a First Hawaiian Banker today or call 643-LOAN (5626). Guam residents, please call 477-LOAN (5626), and from the CNMI call 1-800-403-7167.

          You can manage your debt by consolidating your various debt (loans, line of credit, credit card balances, etc.) into one loan, usually at a lower rate. As a result, you will have just one payment to deal with and you may find it easier to pay off your debt more quickly. First Hawaiian Bank offers many options for consolidating debt, usually through a home equity or a personal loan. For more information, browse our options on Loans and Lines of Credit.

          Home Equity Line of Credit

            First Hawaiian Bank offers a home equity line of credit on many types of property, including:

            • Fee Simple or leasehold properties
            • Owner-occupied homes (primary residence)
            • Nonowner-occupied (rental or investment) homes
            • Second/vacation homes
            • Single family residences
            • Leaseholds (not eligible if non-owner occupied)
            • Duplex, triplex, fourplex

            You must have property insurance on the property you use for collateral. Only available for properties located in Hawaii and Guam.

              The amount you can borrow is determined by the equity you have in your home. The example below shows how equity is determined for a house or condominium appraised at $400,000.

              Appraised property value

              $400,000

              80% of appraised value

              $320,000

              Less amount owed on property

              $150,000

              Home Equity Line of Credit limit $170,000


               

                It generally offers a much lower interest rate* compared to credit cards or other personal loans since it is secured by real property. Consult a tax advisor regarding the deductibility of interest.

                * For current rates, call our customer service line, 844-4444. From the Neighbor Islands call 1-888-844-4444. In Guam, call your branch of account.

                  Once you’ve opened your Home Equity Line of Credit, you’ll receive checks that look and work much like any regular personal checks. To make yourself a loan, just write a check for the amount you need. Nothing could be faster and more convenient. And even if you don’t need a loan now, it’s nice to know your Home Equity Line of Credit will be there when you need it.

                    Use it for home improvements, tuition payments, bill consolidation, buy a new car, or go on vacation. It's easy and convenient to pay for almost anything.

                      A line of credit secured by your home or other improved property you own. Depending on your equity in the property, your credit line can range from $20,000 to $1,500,000.

                      Since it is a line of credit, you can draw on it by simply writing a check. You have instant access when you need it and there are no monthly payments until you use it. When you do, you can restore your line to its original amount by simply paying off your balance.

                      Consumer Home Equity Loan

                        Use it for home improvements, tuition payments, bill consolidation, buy a new car, or go on vacation. It's easy and convenient to pay for almost anything.

                          The Consumer Home Equity Loan is similar to the Home Equity Line of Credit in that you can get money from the equity built up in your home, however, the Home Equity Line of Credit is a revolving line of credit and has the additional feature of locking a rate on your line up to five locks.

                          Have more questions?

                          Or call customer service at (808) 844-4444.