Texas Veterans Mortgage Refinance Information: . How to refinance a Texas Vet Loan. The vlb home loan may not be used for refinancing. If you have an existing loan on your home, the Veterans Housing Assistance Program cannot be used to lower your interest rate, nor can the VHAP be used as a down payment on your home.
In 1983, the Legislature created the VLB Veterans Housing Assistance Program (VHAP), to aid Texas Veterans in purchasing a home. Eligible Texas Veterans have an opportunity to purchase a home with a competitive, low-interest loan with little or no down-payment.
Here are some of the changes NewDay suggested: End loan origination fees charged on the VA Interest Rate Reduction Refinance Loan program. These unnecessary fees represent a substantial cost,
Tax Break For Home Purchase Owning a home means that you can now deduct your property taxes and the interest you pay on your mortgage, which together can be a significant tax break for buying a home. However, many people overestimate the value of these tax deductions, which won’t always add up to more than the standard deduction, especially if you don’t have other things you can itemize, such as charitable contributions.
As a San Antonio, texas based mortgage Broker we focus on getting the right loan at the right rate for our client and it allows us to secure often hard-to-find financing. Have a question about your particular mortgage goal, give us a call and speak with a mortgage specialist. 210-656-1134
Texas veterans home mortgage Loans. Make the idea of purchasing a home more of a reality by utilizing a Texas veteran home loan program. Benchmark Mortgage specializes in working with Veterans and active-duty members of the military to help them take full advantage of both VA loans and Texas Vet Loans.
The Texas Vet Loan rates set by the Texas Veteran Land Board and the Texas VA Loan rates are some of the lowest of any loan program and are available to eligible and qualified Texas Veterans and active-duty personnel. Call 866-704-2826 to find out more or go online today!
We are one of San Antonio’s leading Home Loan agencies specializing in Jumbo Loans, Conventional, FHA, VA, Texas Vet, USDA, Home Equity, Construction and more.
If you’re a veteran living in Texas, you may be eligible to purchase a home or permanently finance a primary residence with a Texas Vet loan. This competitive fixed-rate home loan is available in 15- or 30-year terms and can be used for financing up to $417,000. It can also be used in conjunction with an FHA, VA, or traditional loan.
Find Texas state and local veteran's benefits including education, spouses may receive up to $424,100 on a fixed-rate loan for 15, 20, 25 or 30 year terms.