The realistic attitude is essential if there is any chance to see an application forHawaii mortgage loans with bad credit approved. Of course, this is only logical, with loan sums that are not affordable hardly set to be given the green light. What is more, bad credit scores usually mean compromises have to be made.These compromises are usually in the form of higher interest rates and lower loan limits, with hopes of getting approval fast effectively ruled out when scores are very low. There may also be delays in submitting an application, especially when a down payment has to be accumulated - sums of $20,000 take time to save.How long it takes to get a down payment together depends on income and the value of the home, but a typical period is about two years. This means that planning is a core element of any home loan application, requiring some strategy and preparation.