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​​​​Finance up to 80% of your home’s appraised value.

​​​​​​​​​​​​​​​​A second mortgage on your existing home can open up new doors for your future. Whether you are interested in remodeling, consolidating debt, making a new purchase, or simply relax with money available when you need it, this is the right loan for you.


If you are a BVI resident (or have an alien landholder license), with 18 years or older, here’s what you’ll need:


  • A completed application

  • Two forms of identification for you and any additional borrower

  • One month of your most current paycheck stubs

  • If you have been unemployed in the last two years, a letter of explanation

  • Your current financial statement within 90 days of application date, with you Profit & Loss, if you’re self-employed

  • A credit explanation letter (if necessary)

  • Copy of the deed (or draft) for the property being purchased or refinanced

  • Your most recent copies of bank statements, broker statements, retirement funds, passbook savings, etc.

  • A copy of the listing agreement on your present home (if applicable)

  • Fully executed sales contract and addendum (if applicable)

  • Lease agreements on rental properties (if applicable)

  • Gift verification: if you are receiving a gift of funds to cover all or part of the down payment and/or closing cost, you must provide copies of checks and bank statements as evidence, along with an affidavit stating that the funds are a gift, not a loan

  • Check for processing: see fee schedule