Ka'ulu by Gentry is one of the few new-construction communities on Oahu that accepts VA financing. For veterans and active-duty service members stationed in Hawaii, this opens the door to purchasing a brand-new home with zero down payment. Here is what you need to know about using your VA loan benefit at Ka'ulu.

Why Ka'ulu's VA Approval Matters

Most new reserved housing and affordable housing projects on Oahu do not accept VA loans. Ka'ulu is an exception. Both the market-priced homes and the reserved housing townhomes are VA-approved. This means eligible veterans can finance up to 100 percent of the purchase price with no down payment required, which is a significant advantage in one of the most expensive housing markets in the country.

VA Loan Benefits for Ka'ulu Buyers

The VA loan offers several key advantages at Ka'ulu. No down payment is required if the loan amount stays within VA limits. There is no private mortgage insurance, which saves hundreds of dollars per month compared to conventional loans with less than 20 percent down. VA loans typically offer competitive interest rates. The VA funding fee can be financed into the loan amount, reducing your out-of-pocket costs at closing. For Honolulu County, the 2026 VA loan limit allows for substantial purchasing power.

How the VA Loan Process Works at Ka'ulu

Start by obtaining your Certificate of Eligibility from the VA to confirm your entitlement. Then get pre-qualified with a project-approved lender that handles VA loans, such as Gentry HomeLoans, Bank of Hawaii, or Central Pacific Bank. Submit your lottery application with your VA pre-qualification letter before the deadline. If selected in the lottery, your lender will process the VA loan through underwriting while the home is being built. The property must pass a VA appraisal before closing.

Understanding the VA Funding Fee

Most VA loans include a funding fee that supports the VA loan program. The fee varies based on your down payment and whether this is your first time using the benefit. Veterans with service-connected disabilities may be exempt from the funding fee entirely. You can either pay it at closing or finance it into your loan. Your lender can calculate the exact amount based on your specific situation and the purchase price of your Ka'ulu home.

Ready to Use Your VA Benefit at Ka'ulu?

Kristy & Austin Home Group works with veterans and military families buying at Ka'ulu and across Oahu. We connect you with VA-experienced lenders, guide you through the lottery process, and ensure your transaction stays on track from application to keys. Contact us to start your home search.

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