Military Relocation Guide for Oahu, Hawaii
There are many advantages to buying a home in
Hawaii if you are in the military and moving to Hawaii. These advantages
include using your BAH to buy a home (See our BAH renting
vs. buying chart), and easy access to VA loans.
Video: VA Loans, Tax Benefits, Next Steps and more
Watch the video below to get valuable information for how you can be a homeowner
in Hawaii. Our Locations team has extensive experience working with the military
to help you navigate the process to ownership, and are ready to help.
Topics included in video are below - please go to these markers for specific topics:
- VA Loan
- Hawaii Market - time 16:21
- Interest Rates - time 36:05
- Tax Benefits of Ownership - time 42:53
- Mortgage Credit Certificate - time 44:10
- Where do I Start - time 52:40
- Military Team - time 56:02
New Search Tool!
You can search for homes within 1-15 miles of any military base on Oahu with our Proximity search
If you are an active Armed Service member moving to Oahu, you will need to figure out where you want to live on the island.
To aid in your property search we have created the map below which highlights the 8 major military installations on Oahu that you might be stationed or work at: Camp Smith, Fort Shafter, Hickam AFB, Kaneohe Bay MC Base, Pearl Harbor Naval Complex, Schofield Barracks, and Tripler Army Medical Center.
Below the map we have included an easy reference guide which includes information about specific neighborhoods that are near each military base, and the approximate distance from the base to the specific neighborhood. We hope this feauture helps you to familiarize yourself with the island as a whole, as well as narrow down your property search to the areas that will fit your needs best.
Map of Military Bases On Oahu
Hint: You can click on the colored areas to see the names of the bases, and scroll in to see more detailed neighborhood views.
Public Schools Serving Military Bases Guide, From the Department of Education
Below is a list of Military Bases on Oahu and a short list of close neighborhoods.
Animal Quarantine Information
Includes the steps to get your animal here on island safe and sound. You need to
start 120 days out from arrival for them to be directly released to you. If you
are inside the 120 day mark your animal will be required to be boarded until they
are cleared. This is an additional cost but may be reimbursed. The best thing to
do is start early!
Buying vs. Renting: 2015 BAH Chart for Oahu
Below is a chart that shows how much housing allowance by rank you might be spending on rent that could be invested in a home.
Buying vs. Renting: 2015 BAH Chart for Maui
Below is a chart that shows how much housing allowance by rank you might be spending
on rent that could be invested in a home.
http://www.defensetravel.dod.mil/site/allowances.cfm Direct link to
the military's website to calculate your COLA as well as BAH.
If you are in the military, chances are you are eligible for a VA loan. Below are some advantages to VA Loans.
- No down payment on sale
prices up to $721,050
- Entire down payment and
closing costs, etc. may be
gifted or paid by the seller.
- The current VA
maximum loan limit is $1,000,000.
- No mortgage insurance
- No pre-payment penalty.
- Loans are assumable
- Financial counseling provided
Includes veterans who served in the military for a
minimum of 90 days during wartime or 181 days of continuous active duty during
peacetime periods before 9/7/80; or 2 years between 9/8/80 and the present and
received an honorable discharge. Reservists who have completed 6 years of
duty may be eligible (temporary until 10/28/99). Note: certain service, discharge,
and/or survivor benefits may affect eligibility.
TLA Temporary Lodging Allowance Rates and Approved Lodging
Temporary TLA rates and list of approved hotels.