Bank of Hawaii's Bankoh Home Equity Loan gives home equity loans to the customer for their next big project. Features on loans from $10,000 up to $500,000 include: no application fee, several payment options, zero points, fixed monthly payments to fully or partially amortize the loan amount and interest paid on loan may be tax-deductible (consult your tax advisor). Eligible properties must be located in the state of Hawaii, fee simple properties, leasehold, owner-occupied properties (remaining years on lease must exceed amortization term of the loan by at least five years), one-to-four family owner-occupied or second home residential real property (should be owner-occupied at least part of the year and meet Internal Revenue Service guidelines for second homes), rental or investment properties and purchase money second mortgage transactions (eligible under certain conditions).