Exclusive benefits for military service members.
WE'RE BROKERS. WE'RE BETTER.
VA HOME LOANS
ZERO DOWN PAYMENT
VA Home Loans
No Down Payment
Exclusive benefits for Active Duty or Retired Service Members
No down payment
Low interest rates
No monthly mortgage insurance (PMI)
Fast closings in 30 days or less
Sellers may contribute up to 4% towards your closing fees
Texas VA Home Loans are guaranteed by the Department of Veterans' Affairs
The Department of Veterans' Affairs (VA) helps Service Members, Veterans, and eligible surviving spouses become homeowners. They guarantee a portion of the loan to help you buy a home for your personal occupancy. Texas VA Home Loans have competitive interest rates often without requiring a down payment or private mortgage insurance.
Texas VA Home Loans can be used to:
Buy a home or condominium unit in a VA-approved project
Build a home
Simultaneously purchase and improve a home
Buy a manufactured home
VA Home Loan Guaranty
The VA "stands behind" the loan by guaranteeing a portion of it. If something goes wrong and you can't make the payments anymore, the VA covers any losses that might incur. The VA loan guaranty is the "insurance" that they provide the lender.
VA Home Loan Advantages
The guarantee VA provides to lenders allows us to provide you with more favorable terms, including:
No down payment as long as the sales price doesn't exceed the appraised value.
No private mortgage insurance premium requirement.
VA rules limit the amount you can be charged for closing costs.
Closing costs may be paid by the seller.
No penalty fee if you pay the loan off early.
VA may be able to provide you some assistance if you run into difficulty making payments.
You should also know that:
You don't have to be a first-time homebuyer.
You can reuse the benefit.
VA-backed loans are assumable, as long as the person assuming the loan qualifies.
VA guaranteed loans are available for homes for your occupancy or a spouse and/or dependent (for Active Duty Service Members). To be eligible, you must have satisfactory credit, sufficient income to meet the expected monthly obligations, and a valid Certificate of Eligibility (COE).
Call us at 972-590-8810 and let's talk about your mortgage options today!
More about Texas VA Home Loans
"Jenny was such a pleasure to work with. She got our paperwork done FAST and we were even able to close early. I recommend her to anyone who is buying a house." ~ Danny
SERVING ALL OF TEXAS
A VA Home Loan is a government-insured loan subject to certain qualifications, restrictions and program guidelines. Not every applicant will qualify or be eligible.