Texas VA Home Loans: Your Path to Homeownership

As a Texas Veteran, Active-Duty Service Member, or eligible surviving spouse, you've earned one of the most powerful home loan benefits available. The federal VA Home Loan offers unparalleled advantages, and when combined with Texas's unique Veterans Land Board (VLB) programs, it creates a truly robust path to homeownership in the Lone Star State.

Federal VA Home Loan Benefits in Texas

The VA Loan is a lifetime benefit and a guarantee from the U.S. Department of Veterans Affairs to your private lender, making it easier for you to secure favorable terms

Key VA Loan Advantages

• Zero Down Payment: For eligible Veterans with full entitlement, you can purchase a home with no money down (100% financing) on loans of any size, as long as you can afford the payments and the property appraises for the purchase price.
• No Private Mortgage Insurance (PMI): Unlike conventional and FHA loans with less than a 20% down payment, a VA loan does not require monthly PMI, leading to lower monthly payments.
• Competitive Interest Rates: The VA guarantee allows lenders to offer lower-than-average interest rates.
• Limited Closing Costs: The VA limits what a lender can charge in closing costs, and a portion of these costs can be paid by the seller.
• Flexible Credit & Income Requirements: The VA does not set a minimum credit score, though most private lenders typically require a FICO score of around 580. Lenders also consider "residual income," which is the amount of discretionary income left over after major expenses.

Start Your VA Loan Application Now