First Time Home Buyers: Save 0.50 point off Closing Costs!*

*The mortgage discount offer (“offer” or “promotion”) is applicable for home purchase transactions financed through American Savings Bank residential first mortgage programs. Promotion is not applicable for brokered out loans or VA Loans. Promotion is subject to automatic payment from a new or existing Kalo Plus/Deluxe Checking account, or from an ASB checking account that is upgraded to Kalo Plus/Deluxe is required for this offer of one-half (0.50) point off loan origination points. The Kalo Checking account number with the intent to establish automatic payments for the mortgage must be provided prior to final approval. The establishment of automatic payment must be signed at mortgage closing. If the borrower opts out of automatic payment or the Kalo Plus/Deluxe account is not established at loan closing, this promotion will not apply. The monthly service fee on the Kalo Checking account will also be waived for the first year; thereafter the monthly service fee will be waived if the required minimum balance is met. See the Personal Deposit Account Terms and Conditions, Disclosures and Fees section, for details about Kalo Plus and Kalo Deluxe Checking accounts.

Offer good only with a completed loan application submitted to American Savings Bank between 6/8/2018-12/31/2018 and closed/funded by American Savings Bank by 2/28/2019. This offer cannot be combined with any other promotional discounts, long-term rate lock specials, or new project financing rates unless otherwise specified. This offer is subject to change or discontinuation without notice. Offer good for owner-occupant, 1-4 unit single-family dwellings and condos only. For the purpose of this promotion, an individual is to be considered a first time home buyer if they (1) are purchasing the security property; (2) will reside in the security property as a principal residence; and (3) had no ownership interest (sole or joint) in a residential property during the three-year period preceding the date of the purchase of the security property. In addition, an individual who is a displaced homemaker or single parent also will be considered a first time home buyer if he or she had no ownership interest in a principal residence (other than a joint ownership interest with a spouse) during the preceding three-year time period. (Source: Fannie Mae). Applicant(s) is/are subject to loan qualification, underwriting guidelines, and credit policy of American Savings Bank. Offer valid for Hawaiiproperties only. Certain terms and restrictions apply. For more information, please contact an American Savings Bank residential loan officer.