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Veterans Administration Loan

Veterans, reserve personnel and certain members of the National Guard are eligible for these loans guaranteed by the Veterans Administration.

  • Provides 100% financing, which means no down payment is required.*
  • Allows you to finance closing costs, reducing out-of-pocket expenses.
  • Gives the applicants a fast turnaround since these federally-backed loans are approved locally.
  • Offers an Interest Rate Reduction Program if prevailing rate is lower than current rate.
  • Only available to veterans and their spouses.

Required documents:

  • Certificate of Eligibility
  • Completed Loan Application
  • Pay stubs for borrower(s) covering most recent 60 days
  • Evidence of other applicable income
  • Last two years' W-2 form(s) for all employment
  • Last two years' signed, dated, and filed tax returns (for all other income and self-employed borrowers)
  • Deed (for refinancing)
  • Copy of most recent two months bank/broker statements and/or retirement funds
  • Fully-executed sales contract and addendums
  • Lease agreement(s) on rental properties, if applicable
  • Copies of two forms of acceptable identification for each borrower (must be a photo ID)


St. Thomas:

  • Charlotte Brown Ramos (FirstBank Plaza) (340) 775-8501
  • Patrickson Thomas (Crown Bay) (340) 776-9494 ext.1207

St. Croix:

  • Paula Cumbermack (Orange Grove) (340) 772-6200