The maximum loan amount for a Texas Vet Home Loan is $453,100. Eligibility & Qualifications. Eligible and qualified Texas veterans can obtain a below-market interest rate loan of up to $453,100 through the Texas Veterans Home Loan Program for the purchase of their primary residence.
Texas Vet & VA Loan Specialist Shirley Mueller. Since 2003 Shirley has originated well over 1500 Texas Veteran and VA Loans. She has helped Veterans in almost every possible circumstance including active duty personnel deployed overseas, returning home, or with PCS orders.Read More
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Texas Veterans Home Loan and Home Improvement Programs Form 41 Rev: 1/30/19 . Request for Certification . To be eligible to participate in the Texas Veterans Land Board (VLB) programs, the applicant must have successfully repaid any previous VLB loan.
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If you qualify for a Texas Veterans land loan, you can finance up to $125,000 of Texas land with only 5% down. These loans are offered at below-market interest rates, making it easier and more affordable to buy land in Texas. If you are a Texas veteran and qualify, the Texas Veterans Land Board (VLB) will finance the tract of land in which you.
Texas Veteran Home Loans History The Texas Veteran Land Board was established in 1946 to provide Veterans from the State a way to obtain a low cost, low interest, fixed loan program for the purchase of land.
Click here to see if you are eligible for a VA home loan. Many times, that fee is put into the loan itself which increases the monthly payments and the overall amount paid throughout the loan, says Shirley Mueller, senior loan originator specializing in Texas veteran and VA loans through First choice loan services Inc. in Austin.
If you have questions or concerns, please contact the VLB at 1-800-252-VETS (8387). To become a VLB participating lender, please send your request to VLB’s Home Loan Program Administrator, Gateway Mortgage Group, at [email protected] or call 972-725-7061.
Central Texas. veterans will be on hand to provide information on education benefits, health care services, disability compensation and employment services. Other resources and material available.
A Texas vet home loan lets you attain the property you want for your family. Contact All About Texas Vet Loans in San Antonio, TX, to learn about our services.
Two points for borrowers to take away: First, the land and the home are a package deal if VA is expected to play any part in the loan. Veterans may have other options for land-only purchases depending.