The 2023 USVI loan limits are now available from Schaffer Mortgage Corp. These represent large increases from last year.
Maximum loan amounts for conventional loans are as follows:
- 1 unit $1,073,000
- 2 units $1,374,000
- 3 units $1,661,000
- 4 units $2,064,000
According to Bonnie Rapine of Schaffer Mortgage the new loan limits are available immediately and the current 30 year fixed rates are in the 7% range.