Low Rates, Low Fees & Fast Closings VA Home Loans
Up to 100% Financing
Your VA Lender for new home loans in Texas - Low Rates, Low Fees & Fast Closings
Texas VA Home Loans
Texas VA up to 100% financing with no loan limits provided the veteran applying has full entitlement eligibility. We can check this very quickly for you, if you are unsure. 2024 loan limits $766,550, over this value with down payment. Here are a few highlights of our Texas VA Loans:
* True 0 Down Loan Option
* No monthly mortgage insurance
* Simple Qualifying
* Seller Paid Closing Costs up to 4%. (Concessions beyond 4% can be used for things other that loan related cost)
* Flexible Underwriting
* Higher Debt-to-Income Ratios
* Lower Credit Scores OK
What is a VA Loan? The VA loan was created in 1944 by the United States government to help returning service members purchase homes without needing a down payment (or great credit). This program has guaranteed more than 25 million VA loans, helping US Vets, active duty military members and their families purchase or refinance a home.
VA Loan Types:
(NADL) Native American Direct Loan
VA-Backed Purchase
Cash-Out Refinance
(IRRRL) Interest Rate Reduction Refinance (streamline VA refinance. No appraisal, income or asset documents needed.)
Texas VA loans are a specialized loan product, and the loan of choice for all US Vets. To learn more about VA loans, please visit VA.gov that will provide you with more details on how to maximize your hard earned benefits.
Do You Qualify for a Texas VA Loan?
VA loans are beneficial because they don’t require a down payment. They also have lower interest rates and lower credit score requirements. They don’t have monthly mortgage insurance and VA loans have more lenient credit requirements than many other mortgage programs.
VA Spouse: if you’re the spouse of a service member who lost their life in the line of duty or as the result of a service-connected disability, you should qualify for VA financing. You generally cannot have remarried (but there are exceptions), as well as other requirements for spouses getting Texas VA home loans.
Why Ryan Gibson Mortgages?
Located in Van Alstyne, Texas, we specialize in new home purchases and refinancing of homes in the DFW area. We partner with more than 25 different lenders to provide you with the most diverse and affordable loan options possible. We are happy to work with you to find a lending solution that works for you. Give us a call today and we can give you a no cost estimate.