Tuesday, July 27, 2010

VA Loans, Texas Vet Program - Are you curious?

Have you served in our armed forces? Don't know if you qualify for a VA loan? Think you can only use VA once? There is a lot of misinformation out there about VA. Don't let that misinformation keep you from getting a great deal on a loan.

Some benefits of VA Loans:
* 100% financing for loans up to $417,000
* assumable loans
* no mortgage insurance

Who qualifies for VA:
* anyone who has served active duty - not only active duty during war time
- there are many exceptions to time requirements, so never assume
you do not qualify
* unmarried widows of veterans
* those planning to owner-occupy the home they are purchasing

Have you heard of the Texas Vet program? Did you know you can buy land or a house in the city and even get a home improvement loan through the Texas Vet program? Did you know you could pay 0% interest while deployed?

Who is a Texas Vet?
* home of record is Texas
* has lived in Texas 12+ months
* active duty in Texas and has changed residency to Texas

I have just added a VA Loan Specialist to my team. If you are thinking about buying a house, and want to know more about VA, call us. We can help.
512-636-6882
Lisa@BestOfTexasRealEstate.com

No comments:

Post a Comment