If you are planning to purchase or construct your principal residence, and do not have savings for a down payment, this loan insured by the USDA- Rural Development may be your best option.
Description:
Guaranteed by USDA Rural Development
100% For Purchase of Primary Residence
Term 30 years
Only available in USVI
Apply by calling
Saint Thomas – Mortgage Center 340-693-2803 Saint Croix – Mortgage Center 340-693-2911
1 Subject to credit approval. Example: A loan of $100,000 at 6.43% APR, for 30 years will have a monthly payment of $623.87. The payments from the examples do not include legal and incidental expenses, prepaid expenses or any type of insurance and taxes. Some conditions and restrictions apply.