Introducing FLEX
by Virgin Bay
FLEX is an alternate loan solution built for the unique needs of the US Virgin Islands. When conventional says no, FLEX says yes.
An alternative built for the USVI
Most conventional lenders can't finance condo-tels, non-warrantable associations, or LLC closings. FLEX was designed for exactly these deals — so buyers, investors, and realtors have a path forward when Fannie Mae says no.
- Strong Credit Quality
- 30–35% Down
- Loans up to $2M
- 30-Year Amortization
- 1–7 Year Fixed ARM Options
- No Prepayment Penalties
- Can Close in an LLC
Yes!
FLEX can do it.
Give FLEX a look before saying no.
Recent Non-Warrantable Deals
Real associations across the USVI closed with FLEX financing.
- The HillsSt. John
- The ElysianSt. Thomas
- Sapphire ResortsSt. Thomas
- Pineapple VillageSt. Thomas
- 5-Unit PropertySt. Thomas
Made for real USVI buyers
Second-home buyers
You found the condo you love in a non-warrantable association and don't want to pay all cash.
Investors
You want leverage on a short-term rental property or condo-tel that conventional lenders won't touch.
LLC & entity buyers
You need to close in an LLC for asset protection or tax planning — FLEX allows it.
Reach out today to learn more about FLEX
We'll walk you through eligibility, terms, and next steps — no obligation. Realtors and buyers welcome.
See which USVI condos qualify
Browse every association tagged FLEX-eligible.
Explore FLEX CondosVirgin Bay Mortgage is a dba of Pike Creek Mortgage Services, Inc. NMLS 130829. Rates and terms subject to change and credit approval.