First Step Home Loan[[SM]]

When you’re ready to leap into homeownership, we’re here to help you take the first step.

First Step Home Loan[[SM]][[#1]] Benefits

  • Low down payment of 10.01% with as little as 3% down payment from the buyer and the remainder from family[[#2]]
  • Waiver of mortgage insurance
  • Reduced Closing Costs[[#3]]
  • Maximum loan amount of $1,149,825
  • Maximum loan-to-value ratio of 89.99%
  • Choose from either a fixed-rate or adjustable rate mortgage
First-time homebuyers


  • Fixed rates and low down payments
  • See today's rates and loan terms and conditions, including payment examples

Ideal for

  • Owner occupants with no prior majority ownership greater than 50% of any residential real estate in last three years[[#4]]
  • First time homebuyers purchasing residential property in Hawaii[[#5]]

What is the impact of making extra payments on my mortgage debt?

Ready to Apply?

Isaiah Caycayon

Isaiah Caycayon

Senior Mortgage Loan Officer

NMLS #998236

Rick Smith

Rick Smith

Senior Mortgage Loan Officer

NMLS #543118


We're here to help.


    It’s all about you, your budget, and your life. We have a variety of mortgage types, and we can help you find the one that’s right for you. For a free analysis and recommendation of the best mortgage loan program for you, please call us at 808-643-HOME (4663) or take a look at our Mortgage Selector Tool. We also have mortgage calculators that can help you determine what is right for you.

      Find out about rates and more online or call us to talk about your refinancing options at 808-643-HOME (4663).

        Welcome home! We’re here to help make the process of applying for a mortgage as simple for you as possible. 

        • Contact our customer service line for new or current mortgage customers. We’ll put you in contact with a mortgage specialist who will be able to help make your dreams come true.
        • Apply in person at the branch most convenient for you

          FHB Online & Mobile Banking enables you to easily view your mortgage transactions, current mortgage balance and upcoming payment due. You can also make a payment to your mortgage from your FHB checking or savings account using the Make a Payment form, or from your account at another bank by using external transfers.

          If you have not yet enrolled for FHB Online & Mobile Banking, you can enroll here.


          Didn’t find an answer? Still have questions?


            1. Subject to credit and loan approval. Certain other restrictions may apply. The First Step Home LoanSM Program is only available for real properties located in the State of Hawaii excluding construction-permanent loans, land loans, and home equity loans and lines of credit. 
            2. The total down payment of 10.01% (may not exceed 20%) may be a combination of buyer and family contributions, but a minimum of 3% must come from the buyer. Family includes relatives (i.e., spouse, child, dependent, or any other person related by blood, marriage, adoption, or legal guardianship), fiancés, fiancées, domestic partners, former relatives, godparents, and relatives of the domestic partner. Donor may not be affiliated with the builder, developer, real estate agent, or other interested party (not including the buyer) to the transaction. Gift can be used for down payment, closing costs, or reserves; subject to borrower’s minimum contribution. Verification of donor’s availability of funds and transfer of gift funds required.
            3. Receive up to a 0.50 point discount off your closing costs with FHB Auto-Pay with the First-Time Homebuyer Discount. To receive this discount, you must enroll in automatic electronic fund transfer payments from a First Hawaiian Bank personal checking or savings account to make your monthly payments (“Auto-Pay”) before final loan approval. Only home purchase transactions financed through First Hawaiian Bank are eligible for this offer. Offer is good only with a completed loan application submitted to First Hawaiian Bank and cannot be combined with any other promotions, discounts or loan programs, unless stated otherwise. Terms and conditions vary. Subject to credit approval and loan closing. Not available for home equity loans/lines or for mortgage loans originated through mortgage brokers/originator companies. Certain other restrictions apply.
            4. The First-Time Homebuyer Discount is applicable to 1-4 unit single family dwellings and condominium units located in Hawaii, Guam, and Saipan. Applicant must be owner-occupant. For purposes of this discount, applicants are first-time homebuyers if they (1) are purchasing the secured property; (2) will reside in the secured property as a principal residence; and (3) have no prior majority ownership greater than 50% interest (sole or joint) of any residential real estate in last three years preceding the date of the purchase of the secured property. Applicants are subject to loan qualification, underwriting guidelines, and credit policy of First Hawaiian Bank. Certain terms and restrictions apply. 
            5. Applicants must complete a Homebuyer Education Course prior to final loan approval.

            First Step Home Loan[[SM]]

            First Step Home Loan[[SM]]