Close mobile signup menu

ONLINE BANKING

Forgot Your Password?

Don't have account?

Enroll In Online Banking >

OTHER ACCOUNTS

Mortgage

ASB Online Mortgage >

GET STARTED TODAY

Deposit Checks, Pay Bills, Transfer Money and more with Online and Mobile Banking!

Jerah Subia

Vice President
Business Banker

American Savings Bank

NMLS #2512093
Direct: (808) 539-7958
jsubia@asbhawaii.com
Branch served: Kailua and Kaneohe, can meet at different branch locations by appointment.

Jerah joins the Business Banking team with nearly six years of experience in the finance industry. She is committed to making dreams possible and passionate about making banking easy and convenient with personalized solutions for her business customers. Jerah has extensive knowledge in commercial underwriting and consumer lending, which allows her to help her clients make the best decisions for their business.

Jerah studied accounting at Kapiolani Community College and graduated Summa Cum Laude from Farrington High School. Her interests include reading, traveling, watching a good tv series or movie, and spending time with her family, friends and puppies. Jerah is fluent in Ilocano.

Back to consultants page

Hokuʻula

Getting pre-qualified for a home loan is a first step in securing your purchase agreement for a property at Hokuʻula, located in Kahului. Please contact our Maui lending team for financing solutions and for your free pre-qualification analysis.

Hokuula

ASB Number One Lender

American Savings Bank is Hawaii's #1 Local Mortgage Lender*

*State of Hawaii Bureau of Conveyances Jan-Oct 2024, recorded total value of residential, non-wholesale, purchase mortgages.

Click here to see our current special promotions

Hokuʻula Home Loans Team

Visit Our Loan Center

Kahului Loan Center

150 Hookele Street
Kahului, HI 96732
Phone: (808) 627-6900

Couple holding keys - mortgage vs. rent thumbnail

Paying a Mortgage vs. Paying Rent: What's the Difference?

Taking the path that makes sense for your ‘ohana - especially family finances - is a key ingredient to creating stability and a long-term ability to thrive. So let’s talk mortgage vs. rent....

Read More >

5 Things to Know About Jumbo Loans Thumbnail

5 Things to Know About Jumbo Loans

Folks here in Hawaiʻi might seek out a jumbo loan if they’re thinking about a big single-family home, going in on a multi-family property for the extended ʻohana,...

Read More >

What Are Mortgage Points Thumbnail

What Are Mortgage Points?

Mortgage points are one of the most often-referenced (and most confusing) parts of the mortgage conversation. Our expert loan officer has experience making sense of mortgage points and helping families use them as tools....

Read More >

The Experts You Need to Start Living Your Dream

Getting pre-qualified for a home loan is a first step in securing your purchase agreement for a property at Hokuʻula, located in Kahului. Please contact our Maui lending team for financing solutions and for your free pre-qualification analysis.

< Back Helpful Articles

ASB Launches “This is HOME” First Time Home Buyer Program to Address Growing Housing Crisis

July 18, 2023 | 2 MIN read News Releases

American Savings Bank (ASB) is proud to introduce “This is HOME,” a new first-of-its-kind affordable financing solution for first time home buyers designed to help hardworking kamaaina buy a home in Hawaii, so they can stay in Hawaii. As the state and counties place greater emphasis on solving Hawaii’s housing shortage, ASB’s “This is HOME” program will provide the lifeline residents need to get access to financing so they can realize their dream of affordable home ownership in Hawaii.

family in front of home

With a low down payment of 3%, discounted interest rate that will save borrowers hundreds of dollars on their monthly mortgage, lower mortgage insurance requirements and reduced closing costs, “This is HOME” offers a unique combination of benefits that is perfect for residents who can’t save enough for a traditional 20% down payment.

“American Savings Bank is committed to helping solve our state’s growing affordable housing crisis and empowering kamaaina to achieve their dream of homeownership in Hawaii,” said Ann Teranishi, president and CEO at ASB. “‘This is HOME,’ along with our recent $4 million investment in homeownership opportunities for Native Hawaiians to purchase or refinance homes on Hawaiian homelands, is part of ASB’s ongoing commitment to uplift our community and make homeownership dreams possible for everyone in Hawaii.”

“This is HOME” empowers kamaaina to live where they love

With more Native Hawaiians now living outside of Hawaii than in Hawaii due to skyrocketing home prices, limited inventory and the high cost of living in the islands, the need for affordable housing solutions has never been greater. Many kamaaina simply resign to renting or move out of state in search of affordable housing.

According to the Honolulu Board of Realtors, the median sales price in June for a single-family home was $1,050,000 and $510,000 for condos. With a traditional 20% down payment, a buyer would need $210,000 for a single-family home and $102,000 for a condo. “This is HOME” offers expanded income criteria, which provides access to funding for more of Hawaii’s hardworking kamaaina.

Benefits of “This is HOME” program:

Expanded AMI: Available to individuals earning up to 140% of the area median income (AMI), which equates to $169,950 for a family of four or $118,950 for an individual borrower.
Low Down Payment: Down payment as low as 3%, with only 1% required from the borrower and up to 2% from other sources.
Lower Monthly Payments: Save hundreds of dollars on your monthly mortgage payment as a result of ASB’s discounted interest rate, lower mortgage insurance requirement, reduced closing costs and no added fees or pricing adjustments.
Expanded Financing Eligibility: More properties are eligible for financing, including condos, which are typically restricted in first time home buyer programs.
Complimentary Housing Counseling: Applicants, regardless of approval, will receive first time home buying resources and support from Hawaiian Community Assets and Hawaii HomeOwnership Center.

To apply or learn more about ASB’s first-time homebuyer resources, visit asbhawaii.com/thisishome.

Media Contact

Karwin Sui
Communications Manager
(808) 539-7268
ksui@asbhawaii.com

This is HOME^SM

Hawaii’s first time home buyer program that lets you live where you love.

Make an Appointment

Family infront of home

ASB Number One Lender

American Savings Bank is Hawaii's #1 Local Mortgage Lender*

*State of Hawaii Bureau of Conveyances Jan-Oct 2024, recorded total value of residential, non-wholesale, purchase mortgages.

Introducing a first-of-its-kind affordable financing solution for first time home buyers designed to help hardworking kamaaina buy a home in Hawaii, so you can stay in Hawaii.

This is HOME^SM: What is it?

While many programs assist those earning less than 80% AMI, This is HOME¹ was created to help a wider range of buyers who earn between 80% - 140% Area Median Income (AMI) achieve their dream of homeownership in Hawaii.

This is HOME Features

Down payment as low as 3%

Discounted interest rate that'll save you hundreds of dollars each month

Lower mortgage insurance requirement

Reduced closing costs with no added fees or pricing adjustments

Eligible borrowers' annual qualifying income can be up to $194,250 for a family of four

2024 AMI Limits in Hawaii

Why Choose This is HOME^SM

3% Is All You Need

As a borrower you only need to bring 1% to the table with an additional 2% coming from other sources like, family, grants, etc.

Lower Monthly Payments

Take advantage of a discounted interest rate that allows you to save hundreds of dollars on your monthly mortgage payments.

Expanded AMI Range

Designed to help hardworking kamaaina buy a home in Hawaii, so you can stay in Hawaii, eligible borrowers’ annual income can be up to $194,250 for a family of four. This is HOME^SM makes dreams possible for more local families.²

Supporting You in Your Home Buying Journey

To help you qualify for the This is HOME^SM program, ASB collaborated with Hawaii HomeOwnership Center and Hawaiian Community Assets to offer free financial education courses (up to a $60 value).

Hawaii HomeOwnership Center Courses >

Hawaiian Community Assets Courses >

Today's Mortgage Rates (01/07/2025)

Below are today’s mortgage rates for our This is Home mortgage, Adjustable Rate Mortgage (ARM) and Fixed Mortgage

This is Home 30 Year Fixed³

Rate: 6.375%
Points: 1.375
APR: 6.573%
Monthly Payment:⁴ $ 623.87

30 Year Fixed³

Rate: 6.750%
Points: 1.875
APR: 6.996%
Monthly Payment:⁴ $ 648.60

Family moving into home

Live where you love because Hawaii is home

Twenty twenty-one marked the first time in history when more Hawaii-born individuals lived outside of Hawaii.⁵ Of those choosing to live away from Hawaii, much of Hawaii's youngest and brightest have also left, seeking affordability and stability.

This is HOME^SM is an affordable financing solution for first time home buyers looking to own a home in Hawaii, so you can stay in Hawaii.

American Savings Bank is committed to doing its part to keep Hawaii home. Together, we can build a better Hawaii, one family at a time.

⁵Source: Brain Drain: Characteristics of Hawaii-Born Adults on the U.S. Mainland

Meet With Your Expert Mortgage Loan Officers

Manny August

Island: Oahu
NMLS #662118
Phone: (808) 927-4512
Let's Meet

Lisa Carillo's photo

Lisa Carillo

Island: Maui
NMLS #685883
Phone: (808) 872-4991
Let's Meet

Mark James

Island: Hawaii Island
NMLS #477462
Phone: (808) 593-4885
Let's Meet

FIND A MORTGAGE LOAN OFFICER

The “This is HOME^SM” program is applicable for home purchase transactions financed through American Savings Bank (ASB) residential mortgage programs. Program is not applicable for brokered out or Veterans Affairs loans. Offer good only with a completed loan application submitted to ASB and for a loan closed and funded by ASB by 12/31/2025. Offer is subject to automatic monthly mortgage payments from a new or existing ASB personal checking account. The ASB checking account number with the intent to establish automatic monthly mortgage payments must be provided prior to final approval of the loan by ASB. The establishment of automatic payments must be signed at mortgage closing. If the borrower opts out of automatic payments or the ASB checking account is not established at loan closing, this program will not apply. See the Personal Deposit Account Terms and Conditions for other terms, conditions and fees for Kalo Checking accounts. This program 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 discontinue without notice. Offer good for one unit or one unit and Additional Dwelling Unit single-family dwellings and condominiums. The financed residential property must be owner-occupied. For the purpose of this promotion, an individual is a first time home buyer if he or she (1) is 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-years 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 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-years (source: Fannie Mae).

Applicant income limited to 140% Area Median Income (up to $194,250 for 4-person household as of 6/18/2024) (source: Department of Business, Economic Development & Tourism: https://dbedt.hawaii.gov/hhfdc/files/2024/04/Honolulu-County-Income-Rent-Sales-Guidelines-2024.pdf/).

Applicant(s) is/are subject to loan qualification, underwriting guidelines, and credit policy of ASB. Offer valid for Hawaii properties only. Certain terms and restrictions apply. For more information, please contact an ASB Residential Loan Officer.
We use the HCDA AMI guidelines found here: https://dbedt.hawaii.gov/hcda/annual-ami-stats/

< Back Helpful Articles

American Savings Bank Named Best Bank by HONOLULU Magazine

July 12, 2023 | 1 MIN read Personal

American Savings Bank (ASB) was recently voted a Best Bank in HONOLULU Magazine’s “Best of HONOLULU” list.

American Savings Bank Best Bank for Best of Honolulu 2023

The annual “Best of HONOLULU” award list celebrates the best businesses – from local eats and entertainment to fitness facilities and banks – the island has to offer. Awardees were voted by the publication’s readers in a competitive process that launched in February.

In addition to being named a Best Bank, three of ASB’s Buy Local, Save Local, Enjoy Local partners also made the prestigious list. Click the names to check out their exclusive Buy Local offer when using an ASB personal Visa^® Debit card.

Best Burger: Chubbies Burgers
Best Boba Tea: It’s Tea Hawaii
Best Gift for an Office with a Freezer: Sage Creamery
Best Seafood: Herringbone Waikiki (finalist in Hawaii Business Magazine’s Hale Aina awards)

The accomplishment adds to ASB’s growing list of awards it has received this year, thanks to the team’s commitment making banking easy and convenient, including being voted a Best Bank in Hawaii by Forbes.

Make an appointment with ASB’s friendly and knowledgeable experts today to experience the exceptional customer service that resulted in ASB’s Best Bank award.

MAKE AN APPOINTMENT

Media Contact

Karwin Sui
Communications Manager
(808) 539-7268
ksui@asbhawaii.com

Thank you for registering for our Market Commentary & the Current State of the Economy Seminar

We are excited to have you join our presentation on Wednesday, July 26, 2023 from 5:30 p.m. to 7:30 p.m. HST. This engaging and in-person event will be at the American Savings Bank Campus located at 300 N. Beretania Street.

Growing money

Save the Date for our
Market Commentary & the Current State of the Economy Seminar

Date	Wednesday, July 26, 2023
Time	5:30 p.m. to 6:00 p.m. Pupu & Cocktails (Room Hale Ikena) 6:00 p.m. to 7:00 p.m. Presentation (Room Kakou 1 & 2) 7:30 p.m. Evening Concludes
Location	American Savings Bank - Campus Location 300 N. Beretania Street, Honolulu, HI 96817 Complimentary valet service will be provided. Please enter Campus on the driveway off Aala Street. Please enter through the lobby where you will be met by our greeters and escorted to the 7^th floor.

Want to be reminded? Click here to add the Market Commentary & the Current State of the Economy Seminar to your device's calendar.

Couple sitting on porch

MEET YOUR PRESENTERS

Candice Tse
Global Client Business within Goldman Sachs Asset Management

Candice serves as global head of the Strategic Advisory Solutions team. She focuses on global capital market research, macroeconomic strategy, portfolio construction and client engagement. In addition, Candice developed the firm's EMPOWER the Investor framework, which guides Asian, Black, female, Hispanic/Latinx and LGBTQ+ investors toward greater financial success. She also serves as co-head of the Asian Network within Asset Management. Candice earned a BS in Marketing, magna cum laude, from Rutgers University and an MBA in Finance and Management from Columbia Business School.

Lynne Kinney
Principal of CKW Financial Group and CIO of CKW Global Balanced Model

Lynne is a co-strategist on CKW Financial Group’s Opportunistic Global Balanced portfolio, a Morningstar ranked world allocation strategy. Lynne specializes in retirement planning, client strategies, dynamic asset allocation, and investment implementation to provide overtime, risk-adjusted returns that will help clients achieve their goals. With over 25 years in the financial industry, Lynne was a Fidelity featured RIA and nominated as Wealth Management’s Top 25 Women-owned RIAs.

Carl Choy
Principal of CKW Financial Group

Carl is a co-strategist of the CKW Global Balanced Model with Ms. Kinney. Carl focuses on estate planning, client strategies, dynamic asset allocation, and investment implementation to protect clients’ capital during volatile markets while preparing to capture incremental returns over time. With over 35 years of experience, Carl was featured as Hawaii’s #1 Advisor by Hawaii Business Magazine.

SHARPEN YOUR PENCILS AND GET A HEADSTART

financial calculators screenshot

CALCULATORS TO HELP YOU ACHIEVE YOUR DREAMS

Prepare for your next milestone with easy-to-use inputs - whether that's buying a home, saving for retirement or somewhere in between.

START CALCULATING

financial education screenshot

FREE COURSES WITH ASB FINANCIAL EDUCATION

Explore our complimentary playlists with topics on everything from budget planning to debt management - each topic takes just 5 minutes to complete

Presenters’ views and opinions are their own. Attendees may wish to seek additional information that’s tailored to their situations respectively.

Not FDIC Insured

Not Bank Guaranteed

May Lose Value

Not Insured by any Federal Government Agency

Not a Bank Deposit

< Back Helpful Articles

ASB and Federal Home Loan Bank of Des Moines Award $1.8M to Local Nonprofits

June 21, 2023 | 3 MIN read News Releases

American Savings Bank (ASB) and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) are proud to announce the award of $1.8 million to eight local nonprofits through ASB and the FHLB Des Moines Member Impact Fund. The matching grant program provides up to $15 million to strengthen communities in targeted areas of the FHLB Des Moines district.

“We are honored to partner with the Federal Home Loan Bank of Des Moines to support the important work carried out by our local nonprofit organizations,” said Ann Teranishi, president and CEO at ASB. “Through our collaboration, we aim to provide workforce development, financial education and affordable housing programs and opportunities that will make a meaningful and lasting impact on the lives of individuals and families in Hawaii. Together, we can foster a stronger, more inclusive community where everyone can thrive.”

The Member Impact Fund provides a nearly $3-to-$1 matching grant award. With ASB’s commitment of $500,000 and FHLB Des Moines’ matching grant of $1.3 million, a total of $1.8 million will be donated to eight nonprofit organizations. These grants aim to tackle critical challenges in our state and provide much-needed support to residents facing high living expenses and a shortage of affordable housing.

“FHLB Des Moines is very pleased to partner with American Savings Bank through the Member Impact Fund. The fund enables our members to connect directly with local organizations who matter to them, creating value and lasting impact in their own communities,” said Kris Williams, president and CEO of FHLB Des Moines. “The commitment of members like American Savings Bank, paired with their connection to local organizations, help advance the good work being done in its community.”

ASB received approval for all eight applications submitted, which represents more than one-third of the 21 grants awarded to Hawaii. Recipient member organizations were selected based on their requests for grant funding to enhance their capacity and strengthen their ability to serve affordable housing and community development needs.

Nonprofits Receiving Grants From ASB:

Aloha United Way
- Award: $90,317
- Initiative and Programs Supported: The ALICE Initiative (Asset Limited, Income Constrained, Employed)
Dynamic Community Solutions
- Award: $180,634
- Initiative and Programs Supported: Development of the Puuhonua o Waianae farm village
Hawaii Community Lending
- Award: $361,267
- Initiative and Programs Supported: Construction loans for native Hawaiian families with no down payment required
Hawaii Homeownership Center
- Award: $36,127
- Initiative and Programs Supported: Housing counseling for low- to moderate-income families and individuals
Hawaii Community Assets
- Award: $903,168
- Initiative and Programs Supported: Housing counseling and support for the Kahua Waiwai homebuyer program
Kupu Hawaii
- Award: $90,317
- Initiative and Programs Supported: Workforce development programs for under-resourced youth
Partners in Development Foundation
- Award: $54,190
- Initiative and Programs Supported: KA’A education savings account program
XLR8X
- Award: $90,317
- Initiative and Programs Supported: Support for local small businesses through XLR8X’s proven accelerator program

The nonprofits were chosen by ASB for their alignment with ASB’s charitable focus areas in financial wellness, innovation, entrepreneurship and affordable housing.

In addition to this grant program, ASB recently collaborated with Hawaii Community Lending to announce a $4 million investment in homeownership opportunities for eligible native Hawaiians residing on Hawaiian home lands.

ASB will host a celebration event to present the awards to the nonprofits, marking their commitment to bringing real impact to the community.

Media Contact

Karwin Sui
Communications Manager
(808) 539-7268
ksui@asbhawaii.com

< Back Helpful Articles

American Savings Bank Named Hawaii’s #1 Best Bank in Forbes 2023 List

June 20, 2023 | 1 MIN read News Releases

American Savings Bank (ASB) has been recognized as the only bank in Hawaii named on Forbes’ America’s Best-In-State Banks 2023 list. This prestigious recognition is based on customer satisfaction and feedback from approximately 31,000 survey participants.

American Savings Bank Named Best Bank in Hawaii 2023 by Forbes

“Being named one of the best banks in Hawaii is a tremendous honor for American Savings Bank,” said Ann Teranishi, president and CEO at ASB. “This honor, along with our recent recognitions as one of Forbes’ Best Midsize Employers, Best Employers for Women and Best Employers for Veterans, serves as a strong testament to the outstanding efforts and continued dedication of our teammates to making dreams possible. We are grateful to our customers for recognizing our commitment to trust and service.”

The Best-In-State Banks list is a nationwide survey that asks participants to rate financial institutions where they currently hold or previously held savings or checking accounts. Participants provided recommendations based on overall satisfaction and were assessed in areas such as trust, branch services, digital services, customer services, financial advice and terms and conditions. The comprehensive evaluation of each financial institution included an assessment of online reviews and ratings posted on Google Reviews between March 2020 and April 2023.

Out of all banks across the country, only 137 banks were awarded, representing less than 3.3% of all banks nationwide.

ASB provides a wide range of personalized services and products designed to help customers achieve their financial milestones. These include business and personal transaction accounts, competitive lending services, a comprehensive lineup of commercial banking products and private wealth management services through the American Savings Investment Services team.

Recognizing the uniqueness of every financial situation in Hawaii, ASB is committed to delivering personalized solutions to meet specific goals and needs. To schedule an appointment with a knowledgeable banker, please visit asbhawaii.com/make-appointment.

Media Contact

Karwin Sui
Communications Manager
(808) 539-7268
ksui@asbhawaii.com

Byron Yap

First Vice President
Residential Loan Team Leader

American Savings Bank

NMLS #860092
Equal Housing Lender
Mobile: (808) 280-3491
byap@asbhawaii.com

APPLY NOW LET'S MEET

Byron joins the Home Loans team with nearly 15 years of experience in the banking industry. Previously a loan officer at another local bank, Byron is committed to making dreams possible by offering personalized solutions for his clients’ needs and goals. He is passionate about helping customers find their ideal home and has extensive knowledge in first time home purchases, resort properties and real estate investments.

Byron attended the University of Hawaii and holds a Certified Mortgage Planning Specialist (CMPS) certificate.

In his spare time, he enjoys foilboarding, stand-up paddleboarding and biking with his Belgian Malinois dog.

Back to Officers Main Page

< Back Helpful Articles

3 Tips for Buying Your Dream Home in Hawaii

June 09, 2023 | 2 MIN read Personal

Are you dreaming of owning a home in Hawaii? We’re here to help. At American Savings Bank (ASB), we’re committed to helping you achieve your homeownership dreams, whether you’re a first-time home buyer or seasoned investor. Stefan Kant, residential loan officer, shares three tips to help you secure your dream home in Hawaii.

Tip #1: Determine Your Budget

Before beginning your homebuying journey, it’s important to establish your budget. ASB offers free online calculators that can help you figure out your comfortable monthly spending limit. In addition to considering your mortgage payment, remember to include recurring expenses such as car payments, utilities, phone bills, food and more. Understanding your budget will guide you in finding a home that fits your financial situation.

Tip #2: Build Your Credit Score

Building a strong credit score is essential when applying for a mortgage loan and it will help you get your dream home. A high credit score demonstrates your financial responsibility and increases your chances of securing favorable terms. According to Experian, one of the three major credit bureaus in the country, you can improve your credit score by paying bills on time, keeping credit card balances low and avoiding opening new credit cards. You can also build up your credit score by reducing your debt-to-income ratio, which compares your monthly income to your outstanding debts. Maintaining a low debt-to-income ratio will help you maintain a higher credit score, which will help you qualify for lower interest rates and better terms on your mortgage loan.

Tip #3: Explore Your Mortgage Loan Options

While owning a home in Hawaii may seem like a distant dream for some, ASB offers a solution that can make that dream possible.

With a Jumbo Loan, you can borrow more than $1,089,000, providing you the financial flexibility to purchase your dream home. As an added benefit, you can combine your Jumbo Loan with a Home Equity Line of Credit (HELOC). This Jumbo Loan “Piggyback” combination offers remarkable advantages, including:

A combined loan amount of up to $2 million
Financing for 90% of the project. That means you only need a 10% down payment!
Avoiding mortgage insurance, which is usually required for down payments under 20%

At ASB, our experts are committed to helping you find the best mortgage solution to fit your needs and dream home goals. Speak with one of our experienced mortgage loan officers to get started today!

Subscribe to

Close mobile search menu

Close mobile ATM menu