Texas Veterans Home Loan Programs
Veterans residing in Texas have access to two remarkable home loan programs designed to offer substantial benefits when purchasing a home. The first, the VA Housing Loan, is supported by the Department of Veterans Affairs and is tailored to offer Veteran borrowers additional advantages. The second, the Texas Veteran Housing Assistance Program, is backed by the Texas Veteran Land Board, providing further support tailored for Texas Veterans.
VA and Texas Veteran Home Loan Benefits:
- 100% Financing: No down payment is required.
- Seller-Paid Closing Costs: Sellers can cover all closing costs up to 4% of the home’s purchase price, excluding pre-paid items.
- Flexible Credit Requirements: Accommodates a broader range of credit histories.
- No Private Mortgage Insurance (PMI): Eliminates the need for PMI, lowering monthly payments.
Exclusive Benefits for the Texas Veteran Mortgage Program:
- Low Fixed Rates: Exceptionally low rates on both 15 and 30-year loans.
- Interest Rate Discount: An additional 0.5% rate discount for Veterans with a 30% or greater service-connected disability.
Active duty military personnel, not just those who have separated from service, are eligible for these Veteran mortgage benefits. This inclusivity ensures that most serving in the military can access these advantageous programs to purchase a home in Texas.
Getting Started with a Texas Vet or VA Loan
To embark on your journey towards securing a Texas Vet or VA Loan, reach out to us today. By filling out the short form on this page or giving us a call, we’ll guide you through the pre-qualification process for a Texas Vet or VA Home Loan, setting you on the path to homeownership.
Meet Texas Vet & VA Loan Specialist Shirley Mueller
With a wealth of experience since 2003, Shirley Mueller has been dedicated to serving Veterans in securing over 2000 Texas Veteran and VA Loans. She has a profound track record of assisting Veterans in various circumstances, including those deployed overseas, returning home, under PCS orders, and transitioning Veterans. Learn more about Shirley Mueller, your Texas Vet & VA Loan Specialist.