Spring is one of the most popular seasons to buy, build, or refinance a home. Whether you are purchasing your first house, upgrading to a new space, refinancing for better rates and terms, or exploring financing for a construction project, having the right mortgage can make all the difference. At Bank of St. Croix, we offer a wide range of mortgage solutions designed to meet borrowers where they are and help them move forward with confidence.

With competitive rates, flexible options, and knowledgeable loan specialists, our goal is simple. We want to help you find a mortgage that fits both your lifestyle and your budget.

Fixed-Rate Mortgage¹

A fixed-rate mortgage offers the same interest rate for the entire term of the loan, meaning principal and interest payments remain consistent throughout. This stability makes budgeting easier and more predictable. Bank of St. Croix offers fixed-rate mortgage terms ranging from 10 to 30 years. Low down payment options are available for qualified buyers.

Adjustable-Rate Mortgage (ARM)²

An adjustable-rate mortgage is a home loan where the interest rate may change over time. These loans typically start with a lower initial interest rate and monthly payment. Bank of St. Croix offers 5/6 and 7/6 ARM options. With these products, the interest rate remains fixed for the first 5 or 7 years and can adjust every six months until maturity. This option may be a good fit for borrowers planning a move within 5 to 7 years.

New Hope Mortgage² ³

Our New Hope Mortgage is designed for low-to-moderate-income households interested in purchasing a home or refinancing an existing mortgage. It is also available for borrowers purchasing or refinancing properties located in designated low-to-moderate-income areas within Bank of St. Croix’s footprint or assessment areas. This program offers low down payment options for qualified borrowers.

Jumbo Mortgage²

Our Jumbo Mortgage is a type of home loan that exceeds the loan limits established by the Federal Housing Finance Agency (FHFA). These loans are not eligible to be purchased by Fannie Mae or Freddie Mac and are typically offered as adjustable-rate mortgage products.

Construction Loan²

Bank of St. Croix offers construction loans with a one-time close and up to a twelve-month construction term. Borrowers make interest-only payments during the construction phase. Instead of managing separate construction and permanent loans, this option combines both into one convenient loan. Once construction is complete and all funds are disbursed, the loan converts to permanent financing with regularly scheduled payments. Escrow is not allowed during the construction phase but may be established once construction is complete.

Find the Right Mortgage for Your Needs

Every borrower’s situation is unique, which is why Bank of St. Croix offers a broad selection of mortgage solutions paired with personalized guidance. Whether you are buying, building, or refinancing, our experienced loan specialists are here to help you choose the mortgage that best supports your financial goals and budget. Call or visit your local Bank of St. Croix banking center to learn more.

Bank of St. Croix | Local Banking Centers

Ready to explore your mortgage options?

Bank of St. Croix Mortgage Center makes it easy to take the next step. From one convenient place, you can search current mortgage rates, apply online, securely upload documents, check your loan status, and access helpful tools and resources throughout the process. Whether you’re just getting started or already working with a lender, our Mortgage Center is designed to support you every step of the way.

Bank of St. Croix: Mortgage Center

Loans are subject to credit approval. Rates are subject to other terms and conditions and are subject to change without notice. ¹Loan is limited to 80% of loan to value. ²Loan is limited to 70% of loan to value. ³Income based on borrower not household income.

All rates assume a 60-day lock period for all loan products.