If you are planning to buy your principal residence and do not have savings for a down payment and closing costs, this loan insured by the Federal Housing Administration may be your answer.

  • Insured by the U.S. Department of Housing and Urban Development
  • Down payment for this loan is lower than for a conventional loan
  • To acquire or refinance your principal residence
  • Maximum of $242,850 for a single family home
  • Maximum 97% LTV for purchase
  • Maximum 85% for refinance of principal 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