Texas Veterans Loans, or Tex Vet loans as they're more commonly known, are a great home loan option for veterans. Their guidelines are similar to those of the VA loan, with the additional requirement that you have to be a Texas resident. Some of the benefits of a TexVet home loan include:
The Texas Veterans Land Bureau (VLB) started the TexVet home loan program in 1983. Their mission was to make home financing affordable to Texas veterans by providing great low rates on home loans with little or no money down, and that's what they continue to do today.
To take advantage of the TexVet home loan, you need to apply with a lender that participates in the Texas Veterans Housing Assistance Program (VHAP). That's where we come in. We'll walk you through each step of the way from applying to getting the keys to your new home.
Each loan program has benefits and drawbacks. There is a special interest rate reduction on TexVet loans for disabled veterans and surviving spouses which makes them an even better option if you fall into one of those categories. On the other hand, you cannot refinance with the TexVet program. If that's your goal, you'll want to choose the VA Home Loan Program. Like any other major decision, it's important to match the advantages with your goals to find your best option.
We take pride in our knowledge of home loan programs for veterans. If you have questions about your best options for a home loan, contact one of our Mortgage Specialists online or call us at 800-405-6682. We'll be happy to discuss your goals and help you determine which program is right for you.

"Working with VA Mortgage Center was fantastic. We got to closing on time. We had a very short deadline to get there and they made it happen for us. Our broker was really knowledgeable with everything going on in the market. He knew when to lock in the interest rate and how to get us to closing fast."
Rachel Gotts