Hawaii Affordable Resale Program Checklist

A step-by-step checklist for consumers applying for the Hawaii Affordable Resale Program in 2025.

Confirm Your Eligibility

Verify that your household income meets the program’s maximum limits, which vary based on family size and county.
Ensure you meet residency requirements for the state of Hawaii, as outlined by the program.
Confirm that the property you plan to purchase is part of the Affordable Resale Program and will serve as your primary residence.
Check if you meet additional program criteria, such as being a first-time homebuyer or other specific qualifications.

Collect proof of income, such as recent pay stubs, W-2 forms, or documentation for other income sources.
Gather your tax returns for the past two years, including all schedules and attachments.
Obtain recent bank statements covering the last two to three months for all financial accounts.
Prepare property details, such as the address, purchase agreement, and sale price.
Compile any additional documents requested by your Loan Officer, such as verification of debts, liabilities, or proof of assets.

Your assigned Loan Officer is available to guide you through the Hawaii Affordable Resale Program application process.
Schedule a meeting or phone call with your Loan Officer to confirm eligibility, review program details, and outline the steps required to complete your application.
Ask any questions about program benefits, required documentation, or application timelines.
Follow your Loan Officer’s instructions to gather and submit all required materials accurately and on time.

Collaborate with your Loan Officer to accurately complete your application for the Affordable Resale Program.
Submit all required documents to verify your eligibility for the program.
Review the application with your Loan Officer to ensure it is complete and free of errors before submission.
If necessary, attend a homebuyer education course to fulfill the program’s requirements.

Sign all necessary documents provided by your Loan Officer to secure your participation in the program.
Be prepared to cover any additional costs not included in the program benefits, such as closing fees or prepaid expenses.
Receive confirmation of your enrollment and detailed instructions on how the program benefits will be applied to your home purchase.

Ensure that the purchased property remains your primary residence and complies with any resale restrictions set by the program.
Notify your Loan Officer immediately if you plan to sell or refinance, as these actions could impact your program benefits.
Stay informed of program updates or changes to maintain compliance and retain your benefits.