This program is for good people who:

• Wish to build a New Custom Home with special features which may not exist in any existing for sale homes on the market.

• Have been turned down by the bank due to the credit crisis, or find the process of qualifying for a construction loan by a traditional bank very challenging.

• Own their land or have enough money to put down a reasonable down payment.

• Who can qualify for a permanent loan with a bank using special government programs or just less down payment then on a construction loan.

What WE Provide:

Pacific Island Investments LLC an investment and development firm in Hawaii along with Lotus Construction LLC (BC 27832), a fully insured, bonded and licensed construction firm has partnered to provide home owners with the needed funds to complete or build their homes in Hawaii. We may provide all or some of the following services to our clients:

• Money for the construction of your home

• General Contracting Services for the construction of your home

• Architecture & Design Services

• Mortgage Brokerage services for permanent financing of property*

• Real Estate Brokerage Services to purchase the land*

Requirements:

• Home Owner must own the land or be able to purchase the land without a loan

• Home Owner must have permanent long term financing with approved bank before construction begins

• Home Owner must use the land as collateral for the private loan provided by Pacific Island Investments LLC

Expectations:

• You can expect to be treated Professionally by a Service oriented staff with a great track record and references to assist you with building your dream home.

• No points, no up-front fee’s required by our parties, however, an appraisal and other requirements may be required from the lender for your permanent financing

• We give you an estimate of construction costs and terms and at any time prior to construction contract agreement, you may choose to stop the process.

• Integrity, we do what we say we do, we expect the same from our clients, Honesty, we live by high standards of moral and ethical values and believe every situation can be a WIN/WIN!

Example:

John NewHome has had difficulty working with the bank in attaining his construction loan for his nice home that he and his family designed. The lender requires a substantial amount of down payment with all kinds of extra guarantee's and information as per the construction of the home. The paperwork and qualification standards are just too troublesome, so Mr. NewHome calls Pacific Island Investments LLC new home department and provides them with the following information:

1. Do you own the land you are wishing to build on? (under special circumstances we will acquire the land)

2. What is the value of the land in which you are building on?

3. What is your timeframe for construction?

4. What services do you require, Architectural, Permanent Financing assistance, Assistance with finding the land?

5. Does Mr. NewHome have the capability for long term permanent financing with a local, regional or national bank?

After approval of Mr. NewHome, we then send them a construction contract stipulating our costs for construction of the new home. He will find it extremely competitive and once approved we will begin construction of the home after receiving confirmation that he has permanent long term financing secured and in place. Usually this takes between 4 months and 9 months dependent upon the size of the home.

Once we complete the home, Mr. NewHome's permanent lender (ex. Wells Fargo, Bank of America, Bank of Hawaii etc.) will then release all funds to us for the release of interest in the property.

Mr. NewHome gets the dream home he wanted, Pacific Island Investments LLC and Lotus Construction make a small profit on the services provided for the homeowner.

Financial Example:

In the following example, we have a Mr. Newhome who owns a lot worth $100,000.00, who then attempts to get a construction loan. The lender requires Mr. NewHome to put all the property down as collateral and pay typically in the range of 3%-5% in total loan costs for origination and loan costs with inspections and bonding.

With interest from loan proceeds during construction and other costs that add up to a total of $15,000.00 the homeowner then has to provide an additional 10% to 20% or $35,000.00 to $70,000.00 in the property and the bank will finance the remaining $292,000.00 for a typical principal and interest payment amount of $1,750.69.

These construction loans require the borrower (YOU) to qualify which means you will have to put those funds into the home, along with the additional costs of the loan, your contractor must qualify, you must have a formalized budget, a more expensive appraisal, survey, special title insurance, occasionally soil reports, among other requirements.

Mr. NewHome decides this is too expensive and challenging, so he chooses to work with Pacific Island Investments LLC. He is required to get an appraisal and qualify for the loan which requires a loan lock which may cost up to $2,000.00 to $3,000.00 in advance. This rate lock for the loan locks you into an interest rate so when the home is done, there are no questions. Mr. NewHome has to sign an agreement after he is pre-approved by the lender that they promise to keep their employment the same or better, as well as their credit score requirements so they may secure the loan when the house is complete. If Mr. NewHome chooses not to perform, he unfortunately loses the rights to his property and the property will be sold on the open market to recover Pacific Island Investments LLC investment.

Mr. NewHome is an outstanding citizen and upholds his end of the bargain and once the home is complete, his permanent loan is executed and he moves into his house with a much lower out of pocket expense.

Timeline = 6 – 12 months total