HHOC MORTGAGE
1259 AALA STREET NO 201, HONOLULU, HI 96817

Total Revenue
$706,092
Total Expenses
$526,892
Net Assets
$2,418,782

Organizations Filed Purposes: TO ASSIST LOW TO MODERATE INCOME HOME BUYERS IN HAWAII WITH DOWN PAYMENT ASSISTANCE, AND AFFORDABLE FINANCING.

TO ASSIST LOW TO MODERATE INCOME HOME BUYERS IN HAWAII WITH DOWN PAYMENT ASSISTANCE, AND AFFORDABLE FINANCING. HHOC MORTGAGE IS DEDICATED TO OFFERING AFFORDABLE MORTGAGE LOANS TO HAWAII'S HOMEBUYERS THAT ARE COMPETITIVELY PRICED. HHOC MORTGAGE PRIMARILY SERVES LOW AND MODERATE INCOME TARGET MARKETS AND COMMUNITIES. HHOC MORTGAGE ALSO PROVIDES FINANCIAL SUPPORT TO HAWAII HOMEOWNERSHIP CENTER TO ENABLE CONTINUANCE OF ITS MISSION TO PROVIDE PROSPECTIVE HOMEBUYERS WITH FINANCIAL EDUCATION AND COACHING.

HHOC MORTGAGE (HHOCM) STRIVES TO SERVE ITS PRIMARY MISSION OF SERVING THE LOW/MODERATE INCOME, FIRST-TIME HOME BUYERS BY PROVIDING THEM WITH THE MOST AFFORDABLE FINANCING PROGRAM(S) AVAILABLE TO THEM. ADDITIONALLY, HHOCM'S PURPOSE IS TO GENERATE EXCESS REVENUES TO ASSIST IN SUSTAINING ITS AFFILIATE, HAWAII HOMEOWNERSHIP CENTER. IN 2019, HHOCM SUCCESSFULLY ASSISTED 9 HOME BUYER FAMILIES WITH DOWN PAYMENT SECOND MORTGAGES AMOUNTING TO $447,060. OVER OUR EIGHT YEARS EXISTENCE, WE HAVE CUMULATIVELY HELPED 132 HOME-BUYERS WITH LOANS TOTALING $6,518,034. SUCCESSFUL COMPLETION OF A HOME BUYER EDUCATION COURSE ADMINISTERED BY A HUD-APPROVED COUNSELING AGENCY IS REQUIRED PRIOR TO LOAN CLOSING. THIS IS AN IMPORTANT PIECE TO OUR SUCCESS AS WE HAVE EXPERIENCED ONLY A SINGLE 30 DAY OR LONGER DELINQUENCY SINCE PROGRAM INCEPTION IN 2010.DURING 2019 HHOCM ORIGINATED 32 FIRST MORTGAGES TOTALLING $10,306,444 TO LOW AND MODERATE INCOME HOME BUYERS.HHOCM OFFERED DEFERRED DOWN PAYMENT AND CLOSING COST LOANS VIA PARTNER LENDERS AND DIRECT LENDING.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Reina MiyamotoEXECUTIVE DIRECTOR6.5$0
Grant ChunDIRECTOR0.25$0
Robert ChowDIRECTOR0.25$0
Mark KimotoDIRECTOR0.25$0
Peter NagataSECRETARY0.25$0
Stanley IshiiTREASURER0.25$0
Michael MillerVICE PRESIDENT0.25$0
Dawn Robinson-NayaPRESIDENT0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003199349300605_public.xml