The Best Ko Olina VA Home Loans for Veterans
Like Makakilo, Ko Olina is another area with an address of “Kapolei” that deserves its own mention. Ko Olina is a 642-acre master-planned community on the Leeward coast. In the late 1980s, a local developer with Japanese investors purchased and developed the Ko Olina Resort property, including building the famous four man-made lagoons, and golf course. Unfortunately, the Japanese property bubble burst in the early 1990s, and development ceased until 1998. Today Ko Olina is a pristine resort community with luxury condos, townhomes, and some amazing (and pricey) single-family homes. Veterans and members looking to live in a resort area, but not wanting the crowd and noise of Waikiki often find themselves looking in Ko Olina. The Condos and Townhomes are VA-approved, which is important when utilizing your VA loan benefit in Hawaii.
Looking to purchase a home in Ko Olina? You may be eligible for a VA home mortgage. Named after the Hawaiian word for “the fulfillment of joy,” Ko Olina is an idyllic oceanfront community on the island of Oahu. The nearby resort features four man-made lagoons, each offering a different beach experience. From swimming and snorkeling to stand-up paddle boarding and kayaking, there’s something for everyone to enjoy. And with miles of trails and scenic lookouts, it’s easy to find your perfect place to relax.
Elias Halvorson is a Honolulu VA mortgage broker that serves veterans in the Ko Olina area. He has many years of experience helping veterans obtain VA home loans. The VA loan program is a great benefit for veterans, as it allows them to purchase a home with no down payment and favorable loan terms. Elias is committed to helping veterans take advantage of this benefit. He offers no-obligation consultations to all veterans interested in purchasing a home in Ko Olina. During the consultation, he will guide the potential Ko Olina homebuyer on how to get a COE, determine eligibility for the VA home loan program, and explain the process of applying for a loan. Elias is dedicated to helping veterans obtain the financing they need to purchase their dream home in Ko Olina.
Best Ko Olina VA Home Loan Finance Services & Assistance
Buying a Home in Ko Olina:
What to Expect
There are plenty of upscale dining options, world-class golf, and other activities all at your fingertips while living in Ko Olina. It is one of the pricier areas in Oahu, and any purchase using a VA loan will likely be a High Balance (Jumbo) VA loan. Ko Olina falls under the Kapolei umbrella for schools so your child’s education should not be an issue when choosing Ko Olina. The biggest drawback comes from the commute. Even on good days, veterans and members will be looking at a 45-minute commute (each way), with many days taking 60-90 minutes each way. This can be a major drawback as when many folks in INDOPACOM already work long hours. To begin the process and pull your COE or get pre-approved to purchase a property in Ko Olina with your Hawaii VA home loan benefit, please click here.