Government Loans
USVI USDA Loans100% Financing for St. Croix & Rural Buyers
The Virgin Bay Advantage
One of the Virgin Islands' Best-Kept Secrets
The USDA Rural Development loan is one of the Virgin Islands' best-kept real estate secrets—especially in St. Croix. While stateside lenders rarely handle USDA loans in the Caribbean, Virgin Bay Mortgage specializes in them. Our in-house underwriting team knows exactly how to navigate the USDA's income and geographic eligibility maps to get you approved faster.
Local Expertise
Deep roots in the USVI market and an understanding of island properties.
In-House Underwriting
Every step under one roof for faster approvals and fewer delays.
Local Loan Servicing
We keep servicing your loan after closing, so you always deal with us.
The St. Croix USDA Advantage
Did you know that because of its geographic designation, virtually all of St. Croix is eligible for USDA financing? Certain rural areas of St. Thomas and St. John also qualify.
100% Financing
Buy your home with absolutely zero down payment.Built for Moderate Incomes
This program is specifically designed to help moderate-income individuals and families achieve homeownership.Lower Guarantee Fees
USDA loans feature lower upfront and monthly guarantee fees than standard FHA loans.
How to Qualify
- Location: The property must be in a USDA-eligible rural area (which covers massive portions of the USVI).
- Income: Your household income must fall within the USDA's established limits for your specific island and family size.
Eligible Property Types
- Primary Residences only
- Single-Family Homes
Income Limits in the USVI
For the USDA Guaranteed Loan Program in the U.S. Virgin Islands, the standard base household income limits apply:
| Household Size | Income Limit |
|---|---|
| 1 to 4-Member Household | $122,800 per year |
| 5 to 8-Member Household | $162,100 per year |
Could You Buy With Zero Down?
Talk with a local loan officer who knows the USVI market. We respond within 24 hours.
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More Low Down Payment Options
FHA Loans
Buy your island home with only 3.5% down. Flexible low down payment options for primary homeowners.
Learn moreVA Loans
We proudly offer 100% financing for USVI Veterans, with no mortgage insurance and highly competitive rates.
Learn moreVI Slice Down Payment Assistance
Gap financing that turns into a forgivable grant after 10 years of primary residency, helping moderate-income Virgin Islanders overcome the 20% down payment hurdle.
Learn more
1-340-714-0033
contact@virginbay.com
A2-7, Red Hook Quarters, 6100, No. 2 Suite, St. Thomas, 00802
Mon-Fri: 9:00AM - 5:00PM
Sat: By Appointment
Sun: Closed
1-340-714-0033
Mon-Fri: 9:00AM - 5:00PM
Sat: By Appointment
Sun: Closed
Get Started Today
Contact our team of experts for personalized advice. Guaranteed to respond within 24 hours.
Local, Experienced, Trustworthy Advice For The USVI Mortgage Market
Loan Programs
Location & Hours
6100 Red Hook Quarters
Suite A2-7
St. Thomas, VI. 00802
Mon-Fri: 9:00AM - 5:00PM
Sat: By Appointment
Sun: Closed
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