George Thoma's Kamaaina Mortgage Group, Blogs

The newly formed Veterans Association of Real Estate Professionals (VAREP) Maui Chapter, George Thoma is on a mission to help veterans and their families realize their dreams of homeownership.And it’s a personal mission: Thoma’s son is a machinist in the U.S. Navy, and his son-in-law, a U.S. Army...

 You started the year motivated to buy a home by getting your finances in order and raising your credit score. But then the holidays hit, and you get off track. Maybe you dipped into your down-payment savings or added debt to your credit cards.While not the best choice when you’re looking to buy ...

Conventional vs. Government Loans FHA, VA, and USDA mortgages are government loans. All other mortgages are conventional loans. FHA loans are administered by the Federal Housing Administration (FHA), part of the U.S. Dept. of Housing and Urban Development (HUD). FHA administers mortgage loan prog...

Lenders use the FICO Score to help them determine the terms, conditions, and amount of your mortgage loan. The data that FICO considers in calculating that credit score falls into five categories, with the following average weightings...  Payment History--35% How you've handled credit cards, ret...

Currently, in 2017 you are exempt from Capital Gains Tax when you sell your Primary Residence in which you have lived at least 2 Years.  A Married Couple is exempt up to $500,000.00, and a Single person is exempt for $250,000.00.  The Home must be considered a "Primary Residence" based upon the I...

VAREP Maui Chapter Presents,The Newly formed Veterans Association of Real Estate Professionals  ( VAREP ) Maui Chapter is holding a Lunch and Learn on September22nd 2017 from 12 PM to 2 Pm at the Real Estate Association of Maui, 441 Ala Makani Place, Kahului, Hi 96732 . This Education Seminar is ...

Her is the Questions many of us are asking :  Should I Refinance my Mortgage ?Or should I live by the Slogan :  " I MISS THE BOAT !" Here are couple of Hints. You Should Refiance if :  a, Interest rate have decreased since you took out your current Mortgage.b, Your Credit has improved sicne you t...

Every summer Living Stones organizes the Midtown Art Walk as our largest outreach of the year.  Our heart behind this event is to build relationships with our neighborhood and community while bringing awareness to the amazing local businesses right around us.  Living Stones has been organizing th...

Midyear Housing Market Report At the midpoint of 2015, the U.S. housing market is on track to have one of its best years since the market collapsed in 2008. • New home sales increased for the second month in a row in May, totaling 546,000 units. New home sales volumes are the highest they’ve bee...

Kind of old news now as many of my clients are using it but I thought I'd blog about a new form of down payment assistance for Reno home buyers. Prior to this new program the only real down payment assistance was from Nevada Rural and only worked outside of highly populated areas like Reno and V...