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Health Department ruling blocks loans for isle veterans

By Bob McDermott

POSTED: 01:30 a.m. HST, Aug 07, 2013

~~<p>An arbitrary state Department of Health ruling effectively blocks Veterans Affairs loans to homes with rainwater catchment systems, many of them in Hawaii County.</p>
<p>This declaration by the DOH, that rain catchment water is non-potable, has stopped all VA loans and refinancing on homes with county-approved catchment systems. This could affect up to 60,000 of the most affordable homes on the Big Island. It has locked in existing VA home mortgages at higher rates and blocked veterans who own existing homes from refinancing at the current low rates with no money down.</p>
~~

An arbitrary state Department of Health ruling effectively blocks Veterans Affairs loans to homes with rainwater catchment systems, many of them in Hawaii County.

This declaration by the DOH, that rain catchment water is non-potable, has stopped all VA loans and refinancing on homes with county-approved catchment systems. This could affect up to 60,000 of the most affordable homes on the Big Island. It has locked in existing VA home mortgages at higher rates and blocked veterans who own existing homes from refinancing at the current low rates with no money down. Login for more...



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