Credit unions originated with the concept of “people helping people.” Today, that same “people first” philosophy is the basis of the quality of services provided by Hawaii Central Federal Credit Union (HCFCU). With its members’ needs and satisfaction a priority, HCFCU continues to expand its services and products, which now include full-service mortgage lending.

Miles Kimhan heads the mortgage lending arm of HCFCU and has more than 20 years of experience in the real estate industry. Kimhan and his experienced staff bring a wealth of knowledge in mortgage lending and know the stresses and urgencies that come with getting the financing needed when purchasing a new home or taking on a renovation project.

If you’ve been thinking about remodeling your home, the first step is to find the most effective way to pay for it. This allows you to find out how big of a renovation project you can afford and what financing options are available.


For those with built-up equity in their homes, a Home Equity Line Of Credit (HELOC) could be the best option as rates are still relatively low. A Home Equity Line Of Credit is a revolving line of credit, which gives the flexibility to use funds “as needed,” similar to a credit card. This allows payment of interest only when allotted funds are used. As payment to the principal is made, the credit line is replenished.

If you choose to open a HELOC, HCFCU generally can get you approved and funded in as little as two weeks so that your renovation project can be started promptly. This is just one of the many benefits of going to HCFCU to meet your financing needs. As a not-for-profit company, HCFCU has less fees and is able to offer more flexible conditions, whereas most banks have tightened lending standards and may take more than a month to get the funds you need.

Experience the credit union difference! For more information about HCFCU’s home loan products or to apply for a HELOC, call 529-4599 or visit its newly renovated office building at 681 S. King St.

Home loans are processed by CU Network Services, a wholly owned subsidiary of HCFCU.

CONTACT: 536-3677



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