Tag Archives: va loan

Texas Veterans Land Board Benefits for Active Duty & National Guard Members

The Texas Veterans Land Board offers many benefits for both active duty and national guard members. If you are on active duty stationed in Texas or you’re a national guard member or reservist, come home to the benefits you deserve.

Register Real Estate Advisors has many agents that are Texas Veteran Land Board Certified and can also help you with VA Loans. Call today 281.288.3500 to learn more and find a Realtor that can best suit your needs.

The Texas Veterans Land Board can offer land loans up to $80,000 with a one acre minimum. They offer home loans up to $325,000. So call us today to get started using your Texas Veterans Benefits on your next land or home purchase!

VA Loans Are Changing

VA Loans have always been a great way for soldiers and retired miliary to purchase homes.  VA Loans do not have mortgage insurance.  Instead, they have a funding fee that can be rolled into the loan amount or can be paid up front by the borrower.  The Funding Fee Amount is based on many things:

  • If it’s the first time the veteran has used their benefit or a subsequent time
  • The loan to value ratio
  • The term of the loan (15 vs 30 years)
  • Whether the Veteran is Active Military or Reserve/Guard or Retired
  • Whether it is a Refinance or Purchase

My husband and I did a VA Loan when we purchased our first home in Killeen, Texas when he was still on active duty with the Army.  It’s a great way to purchase a home without having a down payment.  On October 1st the VA Loan Funding Fee Schedule will change a little.  If you are thinking about purchasing a home using your VA benefits please call RREA today to speak to an agent that is Texas Veteran Land Board Certified.  281.288.3500.  Our in house lender would love the opportunity to help you with your VA Loan.

 

Difference Between FHA & Conventional Loans

Ever wanted to understand the difference between an FHA Loan and a Conventional Loan? Watch this video from the Houston Association of Realtors for more details. If you need help finding a reliable mortgage lender, please call me for a referral.