Buying your first home in Mililani is one of the smartest moves you can make on Oahu. With top-rated schools, family-friendly recreation, and strong property values, Mililani consistently ranks as one of Hawaii's best communities for homeownership. But the process can feel overwhelming, especially in Hawaii's competitive market.

This step-by-step guide from the Kristy & Austin Home Group at KA Home Group walks you through everything you need to know as a first-time buyer in Mililani in 2026.

Step 1: Get Pre-Approved for a Mortgage

Before you start shopping for homes, get pre-approved by a lender who understands the Hawaii market. Hawaii has unique loan considerations including higher conforming loan limits for Honolulu County. In 2026, the conforming loan limit for a single-family home in Honolulu County exceeds $1.1 million, which means most Mililani homes qualify for conventional financing.

First-time buyers should explore FHA loans, which require as little as 3.5 percent down, conventional loans with 3 to 5 percent down through first-time buyer programs, VA loans for eligible military members with zero down payment, and USDA loans which may apply in some Mililani areas.

A local lender will help you understand your purchasing power and identify the best loan product for your situation.

Step 2: Choose the Right Mililani Neighborhood

Mililani Town offers older homes on larger lots with walkable shopping. Mililani Mauka has newer construction with modern layouts on smaller lots. Townhomes starting in the mid $600,000s provide the most affordable entry point in either area. Consider what matters most to your family when choosing between the two sides of the H-2.

Step 3: Understand HOA and Community Fees

Most Mililani properties include Mililani Town Association fees that cover access to recreation centers, pools, parks, and community maintenance. Townhome and condo communities may have additional HOA fees on top of the town association dues. Factor these monthly costs into your budget alongside your mortgage payment, property taxes, and homeowner insurance.

Step 4: Make a Competitive Offer

Mililani homes move quickly in 2026. Work with your real estate agent to determine a fair offer price based on recent comparable sales. Be prepared to act fast when you find the right home, especially for townhomes under $700,000 which attract the most buyer competition.

Step 5: Navigate the Escrow Process

Once your offer is accepted, you will enter escrow which typically takes 30 to 45 days in Hawaii. During this time, complete your home inspection, appraisal, and finalize your loan. Hawaii uses an escrow company rather than a closing attorney, and your agent will guide you through every step.

Frequently Asked Questions

What is the average home price in Mililani in 2026? Single-family homes range from $750,000 to over $1.1 million, while townhomes start in the mid $600,000s.

Can I buy a home in Mililani with no money down? Yes, if you qualify for a VA loan. FHA loans require only 3.5 percent down, and some conventional programs allow as little as 3 percent.

How long does it take to close on a home in Mililani? Most transactions close in 30 to 45 days from accepted offer to keys in hand.

Ready to buy your first home in Mililani? Contact Kristy & Austin at (808) 829-6819 or visit kahomegroup.com. We specialize in helping first-time buyers navigate the Mililani market with confidence.