Financing On Hawaiian Home Lands.
FHA Section 247 is the program written for native Hawaiians building a life on Hawaiian Home Lands.
A program written around the Hawaiian Home Lands lease
Section 247 exists because Hawaiian Home Lands do not fit standard mortgage lending.
- The borrower must be a native Hawaiian who is at least eighteen years of age.
- The borrower must be certified as eligible to hold a Hawaiian Home Lands lease, or already hold one.
- Leases are issued under Section 207(a) of the Hawaiian Homes Commission Act.
- The property sits on Department of Hawaiian Home Lands land, which the appraisal must reflect.
- Guidelines not addressed by Section 247 fall back to standard FHA requirements.
- A lease or other written evidence is used to verify tenancy and occupancy.
Native Hawaiian borrowers
Eighteen years of age or older
Hawaiian Home Lands lease required
Insured under FHA Section 247
Appraised under DHHL instructions
Falls back to FHA 203(b) rules
What is the Saxton FHA 247 Hawaiian Home Lands Loan?
FHA insurance built specifically for homes on Department of Hawaiian Home Lands property.
Hawaiian Home Lands are held in trust and conveyed by long-term lease rather than sold outright. That single fact breaks most mortgage lending, because a standard loan assumes the borrower owns the land the house sits on. FHA Section 247 exists to bridge that gap.
Eligibility runs through the lease. A borrower must be a native Hawaiian who is at least eighteen years of age and either certified as eligible to hold a Hawaiian Home Lands lease or already in possession of one issued under Section 207(a) of the Hawaiian Homes Commission Act. A lease or other written evidence is used to verify tenancy and occupancy.
The appraisal is handled differently as well, completed for FHA mortgage insurance purposes under the instructions that apply to Department of Hawaiian Home Lands properties. Where Section 247 does not address something specifically, standard FHA requirements apply. Saxton Mortgage is licensed in Hawaii, so this is a program we can actually put in front of you.
Why choose the Saxton FHA 247 Hawaiian Home Lands Loan?
For native Hawaiian families whose homestead lease puts standard financing out of reach.
The Lease Is The Point
Rather than treating the homestead lease as an obstacle, this program is built around it. That is the whole reason Section 247 exists.
Federal Mortgage Insurance
FHA insurance is what makes lending on trust land workable, and it is what allows this product to exist at all.
Appraised Correctly
The appraisal follows the instructions that apply to Department of Hawaiian Home Lands properties, so the valuation reflects the real situation.
Familiar FHA Framework
Where Section 247 is silent, standard FHA rules apply, so much of the process will feel like a conventional FHA file.
We Are Licensed In Hawaii
This is not a theoretical program for us. We hold a Hawaii license and can work the file.
Familiar Rules Fill The Gaps
This is offered for purchase, and where Section 247 is silent the standard FHA requirements apply.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about FHA financing on Hawaiian Home Lands.
A native Hawaiian who is at least eighteen years old and is either certified as eligible to hold a Hawaiian Home Lands lease or already holds one issued under Section 207(a) of the Hawaiian Homes Commission Act.
Not necessarily. Being certified as eligible to hold a lease also qualifies. Either way, we will need written evidence of the lease or of your eligibility.
Because the land is held in trust and conveyed by lease rather than owned outright. Standard lending assumes fee simple ownership, which is exactly the assumption Section 247 sets aside.
Yes. It is completed for FHA mortgage insurance purposes under the instructions that apply to Department of Hawaiian Home Lands properties.
Standard FHA requirements fill the gaps, including the general FHA handbook rules that apply to ordinary FHA loans.
No. Section 184 serves American Indian and Alaska Native families. Section 247 is specific to native Hawaiians on Hawaiian Home Lands. They are separate programs with separate eligibility.
Yes. Saxton Mortgage holds a Hawaii Mortgage Loan Originator Company License, which you can verify on our licensing page.
Find out what you qualify for
If you hold a Hawaiian Home Lands lease or have been certified as eligible for one, there is a federal program built for your situation.
Get Pre-Qualified- U.S. Department of Housing and Urban Development, FHA and housing resources
- U.S. Department of Housing and Urban Development, FHA mortgage insurance premiums
*Loan amounts, rates, terms, and eligibility are subject to credit approval, income and asset verification, appraisal, and program guidelines. FHA Section 247 is limited to eligible native Hawaiian borrowers holding, or certified as eligible to hold, a lease of Hawaiian Home Lands. Requirements not addressed by Section 247 follow standard FHA guidelines. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.