Life Just Got Easier With Online Mortgage Applications

Online banking has revolutionized the way consumers pay bills. In today’s Internet environment, transferring funds or executing financial transactions can happen in the blink of an eye, making business and personal matters more convenient than ever — and more eco-friendly too. And now, First Hawaiian Bank is rolling out yet another online tool: online mortgage applications.

Now, applying for a mortgage or home equity line of credit (HELOC) can be done in the privacy of your living room.

“For our applicants, our online services provide more relevant information and a more streamlined, efficient process for applying for a mortgage or HELOC,” says Elina Grugier-Bell, Assistant Vice President of Mortgage Banking Department at First Hawaiian Bank. “There are other features to our new loan origination system, including being able to track the status of your loan, upload documents, and view electronic disclosures and forms, which are convenient.”

While First Hawaiian Bank’s branches are conveniently located around the state, making that trip to meet with a personal banker can sometimes be difficult to fit into a busy schedule. Applying online means you don’t have to make an appointment, park or wait in line anywhere. You can simply complete the application and information at home, any time of the day — when it works for you.

“Those who prefer to use the Internet love the fact they can easily apply online for a mortgage or HELOC,” says Grugier-Bell. “The online application process will still include contact with a personal banker, who will call within 24 hours of receiving the loan application to answer any questions you may have, complete your loan application package, discuss the loan options and guide you through the entire loan process.”

First Hawaiian Bank also provides an assortment of user-friendly mortgage calculators on the bank’s website at mortgages.fhb.com. With so many varied mortgage options, online calculators help consumers to see how down payment amounts, buying down interest rates and mortgage terms can affect monthly payments. The calculators are invaluable tools for borrowers to custom-crunch numbers and get a feel for what financing options might work best for them.

“In addition to mortgage calculators, the First Hawaiian Bank portal site has current mortgage rates, information on the loan application process, required supporting documents, a mortgage glossary and in-depth information about the types of loans available,” adds Grugier-Bell. “If you want to find out the basics as well as detailed information about applying for a mortgage or home equity line of credit, or the meaning of certain terms used when applying for a mortgage, our site is a great place to get started.

“Play around with loan amounts, purchase prices — it’s all right at your fingertips,” she says.

Applying online or accessing these resources is as easy as visiting mortgages.fhb.com. There, you can play with the mortgage calculators and other online tools or start your loan application when you are ready to apply. When you do, a personal banker will be there every step of the way to assist you with all of your loan and banking needs.