If you have savings or assets for the down payment and closing costs, or if you already have a residence, this could be your best option.
Description:
For principal residence, second home and investment properties.2 In some cases, depending on the borrowing margins,
private mortgage insurance may be required.
For purchasing, we offer up to 95% of the sale price or the appraisal, whichever is less, with private mortgage insurance, or 80% without private mortgage insurance.
In refinancing, we offer up to 90% of the appraised value with private mortgage insurance or 80% without private mortgage insurance.
Up to $359,650 in conforming loans and up to $1,000,000 in non-conforming loans.
Maximum term 30 years
Apply by calling
Saint Thomas – Mortgage Center 340-693-2803
Saint Croix – Mortgage Center 340-693-2911
Totola, BVI – Mortgage Center 284-494-2604
1 Subject to credit approval. Example: A loan of $100,000 at 6.41% APR, for 30 years will have a monthly payment of $623.87. The payments from the examples does not include legal and incidental expenses, prepaid expenses or any type of insurance and taxes. Some conditions and restrictions apply. 2 Investment up to 90% LTV with mortgage insurance.
Private Mortgage Insurance not available in Tortola, BVI.
Personal Loans
