08/01/2025
Pennymac is pleased to announce the release of the FHA Section 247 Hawaiian Home Lands product. This program is designed to assist native Hawaiians in acquiring or refinancing a home on Hawaiian Home Lands. Clients may begin delivering FHA Section 247 loans on and after August 1, 2025.
Please refer to the published product profile for product guidelines. All Pennymac, FHA, and DHHL requirements apply.
IMPORTANT! Correspondent clients are expected to have a thorough understanding of Hawaiian Home Lands (HHL) requirements, including but not limited to, HHL case number creation, DHHL borrower and property eligibility, property taxes, leases, recording, and all related documentation.
Please contact your Sales Representative with any questions.