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✦Prime Rate:6.75%✦Fed Funds:3.64%✦5-Yr Treasury:3.88%↓✦10-Yr Treasury:4.25%↓✦30-Yr Treasury:4.83%↓✦30-Yr Mortgage:6.22%·Updated Mar 19, 2026✦Prime Rate:6.75%✦Fed Funds:3.64%✦5-Yr Treasury:3.88%↓✦10-Yr Treasury:4.25%↓✦30-Yr Treasury:4.83%↓✦30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates

Hawaii DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 5.80%

Rental property financing for Hawaii investors qualified on property cash flow, not personal income, W-2s, or tax returns. Serving Honolulu, Hilo, Kailua-Kona and the rest of Hawaii. If the property cash-flows at 1.2× the mortgage, you may qualify.

  • 1.2 DSCR minimum
  • Credit is lender underwriting
  • Best-tier from 5.80%
  • 21–30 day close

Indicative as of August 1, 2026. Not a quote. Lenders set final pricing at underwriting.

See If You QualifyCalculate Your DSCR

Can I get a DSCR rental loan in Hawaii?

Yes. DSCR loans in Hawaii qualify investors based on property cash flow with a 1.2 DSCR minimum. Credit and equity injection are lender underwriting. PeerSense does not set a FICO floor. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Governed best-tier floor 5.80% from rate-floors.json.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated August 1, 2026.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Hawaii Rental Market Snapshot

State-level data DSCR underwriters use to size Hawaii rental deals.

Median Home Price
$845K
Statewide single-family
Gross Rental Yield
3.0–5.0%
Annual rent / price
Eviction Timeline
60–120 days
tenant-friendly
Rate Adjustment
+0.250%
vs national baseline

Hawaii is one of the most expensive DSCR markets in the country. Honolulu medians clear $800K, with thin gross yields driven by tourist STR demand and military rental from Pearl Harbor/Hickam/Schofield. Bill 41 restricted new STR registrations to 90-day minimums in many neighborhoods, investors who purchased pre-2022 with grandfathered Type-A/B permits hold a significant DSCR advantage. Big Island (Hilo, Kailua-Kona) offers lower entry prices and a more permissive STR environment.

Major Hawaii Markets We Serve

Active DSCR deal flow across Hawaii's core rental markets. Same DSCR math statewide. Credit and equity injection are lender underwriting.

MetroMedian PriceGross YieldDSCR Investor Notes
Honolulu$925K3.0–4.5%Largest HI market, military + tourism + jumbo pricing, restricted new STR registrations
Hilo$465K5.0–6.5%Big Island east, lower entry, university and government employment base
Kailua-Kona$695K4.5–6.0%Big Island west, vacation rental demand, more STR-permissive than Oahu
Hawaii investor note:Hawaii has no statewide rent control but Honolulu's Bill 41 (effective Oct 2022) restricts new STR registrations to 90-day minimums in many residential zones, verify before underwriting nightly-rate income.

Hawaii Eviction Timeline & Landlord Posture

How Hawaii courts handle non-payment evictions, material to DSCR loss-severity assumptions.

Posture
tenant-friendly
Typical Timeline
60–120 days
Rent Control
None / preempted

Hawaii requires a 5-day notice for non-payment under HRS 521. District Court schedules ejectment hearings 30–45 days after filing; appeals can extend final-keys to 4 months.

Hawaii Rate Adjustment vs National Baseline

+0.250%over national baseline pricing

High-priced jumbo concentration, STR-rule volatility (Bill 41), and longer judicial timelines push lender pricing above national baseline.

Final pricing depends on DSCR, LTV, property type, and program. Credit is lender underwriting. Governed best-tier floor 5.80% from rate-floors.json as of August 1, 2026.

DSCR Lenders Active in Hawaii

The non-bank DSCR programs we see most frequently funding Hawaii rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.

  • CoreVest
  • Visio Lending
  • Lima One

PeerSense is independent, not a lender. Lenders listed are programs we have funded Hawaii deals through; specific terms vary by file.

Hawaii DSCR Loan Requirements

RequirementMinimumNotes
DSCR1.201.00+ exists on specialty programs. Credit and equity are lender underwriting.
CreditLender underwritingPeerSense does not set a FICO floor. Capture the score on the form.
EquityLender underwritingPurchase DSCR is commonly structured around 65 to 75% LTV. PeerSense does not set a typical down.
Property Type1–4 units or multifamilyCondos, townhomes, STRs OK where legal
Income DocsNoneNo tax returns, W-2s, DTI check
Reserves6 months PITIAChecking, savings, stocks qualify
Close Time21–30 daysCash-out refi: 14–21 days

Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Get Hawaii DSCR Loan Terms

DSCR Rental: Response within 24–48 hours. No obligation.

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