1. Terms and Conditions for the Special HELOC Offer
5.48% introductory Annual Percentage Rate (APR) will be effective for the first 24 months, 5.68% introductory APR will be effective for the first 36 months, or 5.88% introductory APR will be effective for the first 48 months from the date your Hawaii National Bank Home Equity Line is opened, subject to change or discontinuation without notice. The 24-, 36-, and 48- month introductory APR is available on the Principal and Interest Payment Plan. After the introductory period, the rates are variable. The rate will be based on an index plus a margin and may vary quarterly. The index rate used is the average 13-week Treasury Bill, rounded to the nearest one-hundredth of a percent. The margin applied is determined by your credit score and repayment terms you select at the time your account is opened. Payments of principal and interest vary monthly. For introductory APRs provided, the current non-introductory fully indexed variable APR, as of 7/1/25 was 8.48%, for lines with a 4.25% margin. Other fully indexed APRs are available for qualifying applications from 7.98% to 8.48%, for margins ranging from 3.75% to 4.25%, respectively. Upon the expiration of your introductory rate; the APR will be adjusted on the 1st business day of every January, April, July, and October, but will not exceed 24.00%.

Approval for this home equity line offer requires you to meet our credit criteria, income ratios and loan to value guidelines. Minimum credit line is $10,000. Maximum loan to value is 80%. Property must be 1 - 4 family owner occupied and applicable flood, hurricane, and property insurance is required. For requests up to and including $400,000, the bank will cover the cost of applicant(s) credit report(s), flood certification, title insurance, mortgage recording, and appraisal. Requests over $400,000 will be charged for a full appraisal ($725 - $2,000), ALTA policy ($1,820 - $6,000), and flood certification and mortgage recording fees ($52 - $100).  Payments to third parties for trust review, petition changes, attorney prepared documents, and release fees, which generally total between $0 and $1,000, may be required at closing.

A participation fee of $50 will be charged annually. The participation fee may be waived annually if you choose to enroll in Automatic Payments from a Hawaii National Bank deposit account for your credit line account. The waived fee will be reversed if you do not remain enrolled in Automatic Payments at any time throughout the entire year. 

A Prepayment Penalty fee will be assessed for early termination of HELOCs paid off by other lenders within the introductory fixed rate term. A penalty fee will not be assessed if the subject property is sold or the line of credit balance is paid off by a new HNB first mortgage loan. Prepayment penalty fees are tiered according to loan amount as follows:
Loan Amount [Prepayment Penalty fee]
$0 to $250,000 [$500]
$250,001 to $400,000 [$1,000]
$400,001 and above [$1,500]

Special HELOC offer is subject to change or discontinuation at any time without notice. Offer only valid for completed applications received for new lines of credit - no refinances. Additional terms and conditions may apply.

The SAFE Act
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), is a federal law that requires the licensure of mortgage loan originators according to national standards and participation in the Nationwide Mortgage Licensing System and Registry (NMLS). These standards are designed to enhance customer protection by providing greater uniformity and transparency in the mortgage industry. For a complete listing of Hawaii National Bank mortgage loan officers and their national mortgage license number, click here.

Residential Mortgage Loan Packet