Honolulu, HI · HONOLULU County County · 2026 Population: 379,194 · NMLS #2827624 · AZ CMB #CMB-2016143

Honolulu, Hawaii DSCR, Hard Money, Fix & Flip & 5–25+ Unit Multifamily Loans

Honolulu, HI Local Underwriting Snapshot (HONOLULU County County): With a 2026 population of 379,194, Honolulu carries an effective property tax rate of 0.29%, a median 1–4 unit investment property price of $815,000, and a median market rent of $5,350/mo. At 75% LTV ($611,250 loan amount), estimated monthly PITIA is $4,547/mo, yielding an estimated baseline DSCR of 1.18x. For 5–25+ unit apartment buildings in Honolulu, typical valuation averages $342,300/door with $2,850/mo/door market rents.

County & 2026 PopulationHONOLULU County County (379,194)

Effective Property Tax Rate0.29% ($197/mo)

Median 1–4 Unit Price & Rent$815,000 · $5,350/mo

5–25+ Unit Multifamily Avg$342,300/door · $2850/mo

HI Foreclosure & SecurityJudicial (Primary) / Non-Judicial Statutory (190–280 days)

Honolulu, HI Pre-Populated Underwriting Terminal

1–4 Unit PITIA vs. 5–25+ Unit Commercial NOI Simulator

Loan Daddy LLC · NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873 · Canonical Integer _cents & _bps Engine

1. Select Property Unit Tier Bracket

2. Exact Number of Units / Doors (MISMO FinancedUnitsCount)1 Unit

Price/Door: $815,000·Loan/Door: $611,250·Avg Rent/Door: $5,350/mo

Property Value / Purchase Price$815,000

Target LTV %75%

Base Note Rate %6.625%

Gross Monthly Rent (Form 1007 / Lease / STR Projection)$5,350/mo

Tax Rate (%)

Annual Ins ($)

Monthly HOA ($)

Prepayment Stepdown Structure

Amortization & FICO Tier

Calculated DSCR Coverage Ratio

Canonical: 122 bps · 7500 bps LTV · 6625 bps Rate

1.22x

Standard Multifamily / DSCR Pass (1.15x–1.24x)

Loan Amount (75% LTV)$611,25061,125,000 _cents

Monthly P&I Debt Service$3,914/mo@ 6.625% Note Rate

Total Monthly PITIA$4,396/moTax: $197 · Ins: $285

Net Monthly Cash Flow+$954/mo$11,447/yr net

Get 30-Sec Quote →Full 1003 / MISMO Apply →

Wholesale PPE Multi-Option Execution Comparison (Borrower-Paid 2.000% Default · 39 Wholesale Lenders)

Execution Option	Prepay Structure	Est. Note Rate	Prepay Price Credit	Monthly Debt Service	DSCR Ratio
Option A: Lowest Rate (60-Mo Stepdown)	5-4-3-2-1	6.625%	-100 bps (-1.000 pt)	$4,396/mo	1.22x
Option B: Balanced Par (36-Mo Stepdown)	3-2-1	6.875%	-75 bps (-0.750 pt)	$4,498/mo	1.19x
Option C: Max Cash Flow (10-Yr Interest-Only)	3-2-1 IO	7.000%	+38 bps IO LLPA	$4,048/mo	1.32x

Many DSCR lenders focus on the property's rent, not your tax returns. Not all applicants will qualify; terms vary by lender.

Honolulu, HI Short-Term Rental (STR), ADU & Legal Underwriting Notes

Local Municipal & Zoning Guidance: Wholesale DSCR and multifamily lenders in Honolulu (HONOLULU County County, HI) underwrite both 12-month long-term leases (Form 1007 / Form 1025) and compliant short-term rentals (Form 1007 STR / 12-month booking ledger) subject to local municipal registration.

Hawaii Statutory Security Instrument: Loans in Honolulu (HONOLULU County County) are secured via Deed of Trust (Power of Sale) under Hawaii's Judicial (Primary) / Non-Judicial Statutory framework (190–280 days). Insurance underwriting note: Standard DP-3 landlord dwelling fire, general liability & rent-loss coverage required..

10 Loan Programs in Honolulu, HI

DSCR Rental Loans (1–4, 5–8, 5–9, 5–10, 5–25 & 5+ Units) ( · 6.375% – 8.25% (Wholesale Tier Dependent))
Hard Money Loans (Fast Asset-Based Acquisition & Bridge) ( · 9.25% – 11.50% Interest-Only)
Private Money Loans (Flexible Balance-Sheet & Debt-Fund Capital) ( · 8.99% – 11.25% Interest-Only)
Fix and Flip Loans (Up to 90% Purchase LTC + 100% Rehab Financing) ( · 9.25% – 11.25% Interest-Only)
Real Estate Bridge Loans (1–4 Unit, 5–25+ Unit Multifamily & Commercial) ( · 8.75% – 10.99% Interest-Only)
Ground-Up Construction Loans (Spec Homes, Duplex/Fourplex & Build-to-Rent) ( · 9.75% – 11.75% Interest-Only on Drawn Funds)
Multifamily Loans (5–8, 5–9, 5–10, 5–25 & 5+ Unit Apartment Financing) ( · 6.50% – 8.50% (Perm) / 8.99%+ (Value-Add Bridge))
Commercial Property Loans (Mixed-Use, Retail, Industrial, Warehouse & Office) ( · 6.875% – 8.99%)
Investor Rehab & BRRRR Renovation Loans (Purchase + Holdback to DSCR) ( · 9.25% – 11.25% (Bridge Phase) -> 6.50%+ (DSCR Takeout))
Investor DSCR Cash-Out Refinance (1–4, 5–8, 5–9, 5–10, 5–25 & 5+ Units) ( · 6.625% – 8.375%)

1–4 to 5–25+ Unit Multifamily Silos in Honolulu

1–4 Unit Residential DSCR Loans — (0.75x – 1.00x+)
5–8 Unit Crossover Multifamily DSCR Loans — (1.00x – 1.15x)
5–9 Unit Small-Balance Multifamily DSCR Loans — (1.10x – 1.20x)
5–10 Unit Expanded Multifamily DSCR Loans — (1.15x – 1.20x)
5–25 Unit Mid-Market Apartment DSCR & Bridge Loans — (1.15x – 1.25x)
5+ Unit Commercial Multifamily & Blanket Portfolio Loans — (1.15x – 1.25x)

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