Leasehold Property Loans in Hawaiʻi
We lend on leasehold. Most lenders will not.
- No credit minimum
- Same-day quote
- Close in days
- All six islands
The Old King Kalākaua Building · 1407 Kalākaua Avenue, Honolulu · Open 7 days a week by appointment
- Leverage
- Typically 50% of leasehold value
- Lease term
- Must comfortably exceed loan term
- Rate
- About 12% a year (1% a month), interest only
- Term
- 6 to 18 months
- Types
- Condos, homes, small multi-units
- Fee conversion
- We can fund the fee purchase
Leasehold Property Loans in Hawaiʻi, explained
Leasehold is a Hawaiʻi fact of life. Thousands of condos and homes sit on land owned by trusts, estates and corporations, and most banks either refuse them or price them punitively. We have lent on leasehold for over twenty years.
We underwrite the remaining lease term, the lease rent schedule and renegotiation dates, and the likelihood of a fee conversion. We can also fund the fee purchase itself. We lend at 50% loan-to-value as a standard and go higher when the project justifies it. Interest-only payments at roughly 1% per month. No credit minimum, no W-2s, no bank statements to get a quote.
How a leasehold property loan works with us
Submit the lease
Remaining term, current lease rent, and next renegotiation date.
Underwrite
We size the loan to leasehold value and the lease terms.
Close
Fund the purchase, renovation or fee conversion.
Exit
Sell, refinance, or complete the fee purchase and refinance as fee simple.
Leasehold Property Loans on every Hawaiian island
Each island has its own comps, permitting cadence and buyer pool. Pick yours for local detail.
Go deeper
Leasehold Property Loans: questions we hear most
Straight answers. If yours is not here, call 808-523-2000 and talk to a decision maker.
What lease term do you require?
The remaining term must comfortably exceed the loan term. We prefer 15 or more years remaining but evaluate shorter leases with a strong exit.
Can you finance a fee conversion?
Yes. We fund the purchase of the fee interest, and the resulting fee simple property is easier to sell or refinance.
Related loan programs
Hard Money Loans
Asset-based real estate loans funded by a private Honolulu lender. The property qualifies the loan.
ExploreFix and Flip Loans
Up to 75% of after-repair value and 80% of rehab costs. Buy, renovate, sell, repeat.
ExploreCash-Out Refinance
Unlock equity in property you already own to fund your next deal.
ExploreGet a same-day quote on your leasehold property loan
Two minutes. No credit pull, no documents. Get an instant estimate and a same-day quote from a lender that actually closes in Hawaiʻi.