U.S. Virgin Islands · 2025 HMDA data

Mortgage lenders in U.S. Virgin Islands: denial rates, approval odds and real rates (2025)

9 lenders acted on 329 mortgage applications in U.S. Virgin Islands in 2025. 6.4% were denied, against 18.0% nationally. The median interest rate on loans that closed was 7.13%, the median loan $425,000.

329Applications
6.4%Denial rateUS 18.0%
7.13%Median rateUS 6.63%
$425,000Median loanUS $225,000
$114MOriginated volume

Largest mortgage lenders in U.S. Virgin Islands

By applications received in 2025. Grade is the lender's national grade.

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Pike Creek Mortgage Services B 11384 2.7%7.25%
2 A&D Mortgage C 8656 8.1%6.88%
3 Sun West Mortgage Company B 6945 5.8%6.88%
4 CMG Mortgage A 3218 12.5%6.81%
5 Siwell 2514 4.0%8.00%

What U.S. Virgin Islands borrowers applied for

By loan purpose

Home purchase 272 83% · 3.7% denied
Refinance 9 3% · 0.0% denied
Cash-out refinance 47 14% · 21.3% denied
Home improvement 1 0% · 100.0% denied

By loan type

Conventional 277 84% · 5.8% denied
FHA 22 7% · 13.6% denied
VA 30 9% · 6.7% denied

Denial rate by applicant income

$100k – $150k 7.8%
$150k – $250k 8.2%
Over $250k 4.1%

Why U.S. Virgin Islands applications were denied

Debt-to-income ratio 7 33%
Other 5 24%
Collateral 4 19%
Unverifiable information 3 14%
Credit history 2 10%

U.S. Virgin Islands mortgage market by year

YearApplicationsOriginatedDenial rateMedian rateMedian loanLenders
2023653112.3%8.00%$295,00010
2024653612.3%7.88%$305,00012
20253292176.4%7.13%$425,0009

Frequently asked questions

6.4% of mortgage applications in U.S. Virgin Islands were denied in 2025 (8.1% of applications that reached a decision). Nationally the rate was 18.0%.

Pike Creek Mortgage Services handled the most applications in U.S. Virgin Islands in 2025: 113, with a denial rate of 2.7%.

Not enough volume to say.

The median interest rate on loans originated in U.S. Virgin Islands in 2025 was 7.13%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.