A Veterans Guide to VA Loans in Texas
For Veterans looking to purchase a home in Texas, the VA loan program offers significant benefits that can make homeownership more accessible.
From no down payment requirements to flexible credit guidelines, VA loans are an attractive option for military members and their families. In Texas, there are also specific state programs and housing assistance available to Veterans that further enhance these benefits.
This guide will provide an overview of VA loans in Texas, discuss the current housing market, and explore the programs available to help Veterans achieve homeownership.
What is a VA Loan?
VA loans, offered through a program by the U.S. Department of Veterans Affairs, are designed to assist eligible veterans, active-duty service members, and certain surviving spouses in achieving homeownership. Backed by the VA, these loans feature buyer-friendly advantages like no down payment, helping borrowers preserve their savings.
They also remove the need for private mortgage insurance (PMI), reducing monthly costs. With favorable interest rates and flexible credit requirements, VA loans make owning a home more accessible. These benefits apply to various types of residential properties, provided the home will serve as the borrower’s primary residence.
Who Qualifies for a VA Loan?
VA loan eligibility is determined by the Department of Veterans Affairs and depends on your service history, type of service, and discharge status. Here’s an overview of the general requirements:
- Active Duty During Wartime: 90 consecutive days of service.
- Active Duty During Peacetime: 181 consecutive days of service.
- National Guard or Reserves: Six years of service, or 90 days of active duty under Title 32 orders, with at least 30 consecutive days served.
- Veterans: Must have completed the required service time and received an honorable or general (under honorable conditions) discharge.
- Active-Duty Service Members: Currently serving members are eligible after 90 continuous days of active service.
- National Guard and Reserve Members: Eligible after six years of service or qualifying active duty.
- Surviving Spouses: Unmarried spouses of service members who died in the line of duty or due to a service-related injury, and some remarried spouses, may qualify.
VA Loan Eligibility Calculator
How to Obtain a Certificate of Eligibility (COE)
Following these steps and providing the right documents will help ensure a smooth process when obtaining your COE.
A Certificate of Eligibility (COE) is an essential document for qualifying for a VA loan. It verifies that you meet the VA’s service eligibility requirements.
-
Online via eBenefits:
- The quickest way to apply is through the VA’s eBenefits portal.
-
Through a VA-Approved Lender:
- Many VA-approved lenders can help you request your COE using the VA’s online system.
-
By Mail:
- Submit VA Form 26-1880 (Request for Certificate of Eligibility) by mail. Note that this option may take longer to process.
Documents You’ll Need:
- For Veterans:
- DD Form 214, which outlines your military service and discharge status.
- For Active-Duty Service Members:
- A statement of service signed by your commanding officer or personnel office.
- For National Guard or Reserve Members:
- Point statements and proof of service if you were never activated.
- For Surviving Spouses:
- A copy of the Veteran’s death certificate and your marriage license, if applicable.
VA Loan Requirements
VA loan requirements are structured to help eligible veterans and service members achieve affordable homeownership while ensuring the security of both the borrower and the lender. These criteria cover areas such as credit history, income stability, property standards, and appraisal guidelines, all designed to make the process fair and accessible.
Service Requirements
To be eligible for a VA loan, you must meet certain service-related criteria, which vary based on your status:
Veterans:
- Served at least 90 consecutive days of active duty during wartime.
- Completed at least 181 days of active duty during peacetime.
- Must have received an honorable discharge or one under honorable conditions.
Active-Duty Service Members:
- Currently serving with at least 90 continuous days of active duty.
National Guard and Reserves:
- Completed six years of service or served at least 90 days of active duty under Title 10 or Title 32 orders.
Surviving Spouses:
- Unmarried spouses of service members who died in the line of duty or due to a service-related disability.
- Certain remarried spouses may qualify if remarriage occurred after age 57.
Credit and Income
- To qualify for a VA loan, you must meet the lender’s credit and income standards.
- The VA generally prefers a debt-to-income (DTI) ratio of 41% or less.
- Exceptions may apply if your residual income exceeds VA requirements by 20% or if you have tax-free income.
Property Requirements
- The home must be your primary residence and should be a standard single-family property.
- Unique properties may not meet VA appraisal standards, as the VA prioritizes safe, secure housing.
Inspection and Appraisal
- A home inspection is recommended to check for major defects.
-
A VA-certified appraiser will evaluate the home to ensure it complies with the VA’s Minimum Property Requirements (MPRs) for safety and structural integrity.
Texas Veteran Programs by City
Houston Housing Authority – Veterans Affairs Supportive Housing (VASH) Program, Houston
The Houston Housing Authority, in collaboration with the VA, offers the VASH program to help veterans find and maintain permanent housing.
- Provides rental assistance vouchers with case management.
- Offers support services including mental health counseling. Learn more about Houston VASH Program
Combined Arms – Veterans Housing Services, Houston
Combined Arms connects veterans with affordable housing options and other resources.
- Provides assistance with housing applications and financial counseling.
- Offers a centralized platform to access veteran-specific services. Explore Combined Arms Housing Services
Housing Corporation of Greater Houston – Veterans Homebuyer Assistance
This program helps veterans access affordable homeownership options.
- Offers down payment assistance for first-time homebuyers.
- Provides financial education workshops to help veterans manage homeownership costs. Learn more about the Housing Corporation of Greater Houston
San Antonio Housing Authority (SAHA) – Veterans Housing Program, San Antonio
SAHA supports veterans with affordable housing options through rental assistance and homebuyer programs.
- Focuses on providing housing vouchers for homeless veterans.
- Works with local partners to offer transitional housing services. Learn more about SAHA Veterans Programs
American GI Forum National Veterans Outreach Program, San Antonio
Offers comprehensive housing assistance and supportive services to veterans in need.
- Provides temporary and permanent housing solutions.
- Assists with job placement and access to community services. Discover American GI Forum Services
Alamo Area Council of Governments (AACOG) – Veterans Housing Program
AACOG helps veterans in the San Antonio region find affordable rental options and homebuyer support.
- Offers guidance through the home-buying process with counseling services.
- Connects veterans with local resources for housing stability. Explore AACOG’s Veteran Services
Dallas Housing Authority – Veterans Rental Assistance Program, Dallas
The Dallas Housing Authority offers rental assistance to veterans through its VASH program.
- Focuses on helping homeless veterans find long-term housing solutions.
- Provides case management to support housing stability. Learn more about Dallas Veterans Housing Assistance
Metrocare Services – Veterans Housing Assistance, Dallas
Provides a range of support services to veterans, including housing and mental health care.
- Offers transitional housing options.
- Helps veterans with mental health care and employment services to ensure housing stability. Discover Metrocare Services for Veterans
Operation Tiny House – Veterans Housing Program, Dallas
This program offers unique housing solutions for veterans by building affordable tiny homes.
- Focuses on providing sustainable, low-cost housing options.
- Includes community-based living with access to support services. Learn more about Operation Tiny House
Housing Authority of the City of Austin (HACA) – Veterans Housing Assistance, Austin
HACA provides rental assistance and support to veterans through various housing programs.
- Offers the VASH program in collaboration with the VA.
- Helps veterans secure stable housing with ongoing support services. Learn more about HACA’s Veterans Programs
Caritas of Austin – Permanent Supportive Housing for Veterans
Caritas provides housing and case management services to veterans in need of long-term housing solutions.
- Offers permanent housing support with intensive case management.
- Helps veterans connect with employment and healthcare resources. Explore Caritas of Austin
Texas Veterans Land Board (VLB) – Land & Home Loan Program, Austin
Offers home and land loans specifically designed for Texas veterans.
- Provides low-interest loans for purchasing homes or land.
- Offers support throughout the application and approval process. Learn more about VLB Home Loan Program
Fort Worth Housing Solutions – Veterans Assistance Program, Fort Worth
Supports veterans with rental assistance through the VASH program.
- Provides case management to ensure long-term housing stability.
- Offers assistance with navigating rental housing options. Learn more about Fort Worth Housing Solutions
Presbyterian Night Shelter – Veterans Services, Fort Worth
Provides emergency and transitional housing options specifically for veterans.
- Offers job training and placement services to help veterans transition into permanent housing.
- Focuses on addressing homelessness among veterans in the area. Explore Presbyterian Night Shelter Services
Tarrant County Homeless Coalition – Veterans Housing Support, Fort Worth
The coalition assists veterans in finding permanent housing solutions and accessing supportive services.
- Provides housing navigation and application support.
- Collaborates with local agencies to offer financial assistance for rent. Learn more about Tarrant County Homeless Coalition
El Paso Housing Authority – Veterans Affairs Supportive Housing (VASH), El Paso
The El Paso Housing Authority partners with the VA to offer the VASH program.
- Provides rental vouchers and case management for homeless veterans.
- Focuses on finding stable housing solutions for veterans. Learn more about El Paso Housing Authority VASH Program
Rebuilding Together El Paso – Veterans Home Repair Program
Offers free home repair services to low-income veterans to ensure safe and healthy living conditions.
- Provides essential home repairs and modifications for veterans.
- Focuses on improving accessibility and safety in veteran homes. Explore Rebuilding Together El Paso
Paso del Norte Veterans Program – Supportive Housing, El Paso
Provides assistance to veterans in finding housing and accessing other supportive services.
- Offers housing navigation for veterans transitioning to permanent housing.
- Connects veterans with community resources for stability and self-sufficiency. Learn more about Paso del Norte Veterans Program
Explore Our Texas VA Loan Guides by City
We’ve developed guides for several Texas cities, each tailored to meet the needs of veterans looking to buy a home in these communities:
Texas Housing Market Overview
Texas has remained a relatively affordable state compared to other large states like California and New York. However, home prices have seen steady growth, particularly in major cities such as Austin, Dallas, Houston, and San Antonio.
According to the Texas Real Estate Research Center, the median home price in Texas is currently around $350,000. This represents a year-over-year increase, reflecting the growing demand for housing in the state. While home prices vary significantly by region, major metro areas are experiencing the highest growth rates.
Texas Average Home Prices:
| City | Average Home Price |
|---|---|
| Austin | $500,000 |
| Dallas | $400,000 |
| Houston | $350,000 |
| San Antonio | $329,000 |
Although home prices are rising, Texas remains an attractive place for Veterans due to the cost of living being generally lower than in other states. Additionally, the state has a variety of housing options, from sprawling suburban homes to downtown condos.
Texas VA Loan Limit
$766,550
In 2024, the VA removed loan limits for Veterans with full entitlement, which means eligible Texas Veterans can borrow as much as their lender will approve without a down payment. Typically the VA loan limit follows the conventional loan limit which is currently $766,550 in all Texas counties.
However, for those with partial entitlement (Veterans who already have a VA loan or defaulted on one), loan limits still apply. These limits are set based on the county where the property is located and can vary across the state.
For example, in more expensive areas like Austin, the limit might be higher, while rural areas may have lower limits.
Texas Housing Programs for Veterans
Texas provides several state-specific housing programs to support veterans in their homeownership journey. These programs offer low-interest loans, down payment assistance, and tax credits, making it easier for veterans to purchase homes or land. Below are the key programs available:
Texas State Affordable Housing Corporation (TSAHC)
- Offers fixed-rate mortgage loans and down payment assistance.
- Available for low to moderate-income families, including veterans.
- Mortgage Credit Certificate (MCC) program provides tax credits on mortgage interest.
- TSACH Website
VLB Veterans Housing Assistance Program (VHAP)
- Provides low-interest loans for veterans to purchase homes in Texas.
- Exclusively available to Texas veterans.
- Competitive interest rates with flexible terms for purchasing homes.
- VHAP Website
VLB Veterans Land Loan Program
- Offers veterans the ability to borrow up to $150,000 to purchase land.
- Low-interest rates with minimal down payment required.
- Exclusively for Texas veterans.
- VLB Website
Homes for Texas Heroes (TSAHC)
- Offers special mortgage rates and down payment assistance.
- Available to veterans, teachers, police officers, and other essential workers.
- Can be combined with TSAHC’s Mortgage Credit Certificate (MCC) for tax benefits.
- Home for Heros
TexVet Home Loan
- Provides low-interest home loans in collaboration with other veteran programs.
- Helps veterans navigate the home loan process and find the best options.
- Works alongside programs like VHAP and Homes for Texas Heroes.
- TexVet Website
Property Taxes in Texas
For VA buyers in Texas, property taxes are another important factor to consider. Fortunately, there are exemptions available for eligible veterans that can help reduce the cost of homeownership.
If you are not exempt, the American Community Survey by the U.S. Census Bureau provides estimates for property taxes in various counties throughout Texas.
Texas Property Tax Exemptions
Texas offers substantial property tax exemptions for disabled Veterans. The amount of the exemption varies depending on the degree of the Veteran’s disability:
| Disability Rating | Property Tax Exemption Amount |
|---|---|
| 100% Disability | Full exemption from property taxes |
| 70%-100% Disability | $12,000 exemption |
| 50%-69% Disability | $10,000 exemption |
| 30%-49% Disability | $7,500 exemption |
| 10%-29% Disability | $5,000 exemption |
These property tax exemptions can significantly reduce the cost of homeownership for Veterans in Texas, making it even more affordable to own a home.
Property Tax Rate by County
| County | Property Tax Rate |
|---|---|
| Anderson | 1.24% |
| Andrews | 0.88% |
| Angelina | 1.35% |
| Aransas | 1.29% |
| Archer | 1.60% |
| Atascosa | 1.40% |
| Austin | 1.30% |
| Bailey | 1.53% |
| Bandera | 1.17% |
| Bastrop | 1.89% |
| Baylor | 0.99% |
| Bee | 1.23% |
| Bell | 1.88% |
| Bexar | 2.12% |
| Blanco | 1.17% |
| Borden | 0.73% |
| Bosque | 1.26% |
| Bowie | 1.34% |
| Brazoria | 2.03% |
| Brazos | 1.88% |
| Brewster | 1.08% |
| Briscoe | 1.35% |
| Brooks | 1.00% |
| Brown | 1.41% |
| Burleson | 1.31% |
| Burnet | 1.40% |
| Caldwell | 1.69% |
| Calhoun | 1.16% |
| Callahan | 1.11% |
| Cameron | 1.76% |
| Camp | 1.28% |
| Carson | 1.19% |
| Cass | 1.14% |
| Castro | 1.64% |
| Chambers | 1.54% |
| Cherokee | 1.32% |
| Childress | 1.60% |
| Clay | 1.55% |
| Cochran | 1.38% |
| Coke | 1.34% |
| Coleman | 1.04% |
| Collin | 2.19% |
| Collingsworth | 1.56% |
| Colorado | 1.18% |
| Comal | 1.48% |
| Comanche | 1.25% |
| Concho | 1.45% |
| Cooke | 1.73% |
| Coryell | 1.68% |
| Cottle | 1.07% |
| Crane | 1.20% |
| Crockett | 0.66% |
| Crosby | 1.92% |
| Culberson | 2.23% |
| Dallam | 1.05% |
| Dallas | 2.18% |
| Dawson | 1.57% |
| Deaf Smith | 1.76% |
| Delta | 1.66% |
| Denton | 2.14% |
| DeWitt | 1.27% |
| Dickens | 0.93% |
| Dimmitt | 1.13% |
| Donley | 1.49% |
| Duval | 0.83% |
| Eastland | 1.08% |
| Ector | 1.41% |
| Edwards | 0.83% |
| El Paso | 2.09% |
| Ellis | 1.84% |
| Erath | 1.48% |
| Falls | 1.33% |
| Fannin | 1.44% |
| Fayette | 1.16% |
| Fisher | 1.37% |
| Floyd | 1.52% |
| Foard | 2.05% |
| Fort Bend | 2.48% |
| Franklin | 1.21% |
| Freestone | 1.19% |
| Frio | 1.57% |
| Gaines | 1.19% |
| Galveston | 2.01% |
| Garza | 1.23% |
| Gillespie | 1.16% |
| Glasscock | 0.56% |
| Goliad | 0.71% |
| Gonzales | 1.44% |
| Gray | 1.48% |
| Grayson | 1.53% |
| Gregg | 1.35% |
| Grimes | 1.06% |
| Guadalupe | 1.60% |
| Hale | 1.58% |
| Hall | 1.65% |
| Hamilton | 1.64% |
| Hansford | 1.58% |
| Hardeman | 1.46% |
| Hardin | 1.23% |
| Harris | 2.31% |
| Harrison | 1.14% |
| Hartley | 1.45% |
| Haskell | 1.34% |
| Hays | 1.97% |
| Hemphill | 1.27% |
| Henderson | 1.22% |
| Hidalgo | 1.92% |
| Hill | 1.45% |
| Hockley | 1.40% |
| Hood | 1.24% |
| Hopkins | 1.38% |
| Houston | 1.11% |
| Howard | 1.23% |
| Hudspeth | 1.16% |
| Hunt | 1.57% |
| Hutchinson | 1.39% |
| Irion | 1.18% |
| Jack | 1.30% |
| Jackson | 1.48% |
| Jasper | 0.86% |
| Jeff Davis | 0.96% |
| Jefferson | 1.59% |
| Jim Hogg | 1.13% |
| Jim Wells | 1.29% |
| Johnson | 1.67% |
| Jones | 1.41% |
| Karnes | 1.21% |
| Kaufman | 2.00% |
| Kendall | 1.45% |
| Kenedy | 1.07% |
| Kent | 0.81% |
| Kerr | 1.33% |
| Kimble | 1.15% |
| King | 1.56% |
| Kinney | 0.87% |
| Kleberg | 1.63% |
| Knox | 1.63% |
| La Salle | 1.23% |
| Lamar | 1.39% |
| Lamb | 1.25% |
| Lampasas | 1.36% |
| Lavaca | 1.13% |
| Lee | 1.27% |
| Leon | 0.86% |
| Liberty | 1.58% |
| Limestone | 1.09% |
| Lipscomb | 1.29% |
| Live Oak | 0.69% |
| Llano | 0.99% |
| Loving | 2.00% |
| Lubbock | 1.75% |
| Lynn | 1.94% |
| Madison | 0.98% |
| Marion | 0.97% |
| Martin | 1.26% |
| Mason | 0.74% |
| Matagorda | 1.30% |
| Maverick | 1.31% |
| McCulloch | 1.01% |
| McLennan | 1.62% |
| McMullen | 0.73% |
| Medina | 1.39% |
| Menard | 1.16% |
| Midland | 1.50% |
| Milam | 1.27% |
| Mills | 0.98% |
| Mitchell | 1.65% |
| Montague | 1.25% |
| Montgomery | 1.99% |
| Moore | 1.37% |
| Morris | 1.20% |
| Motley | 1.04% |
| Nacogdoches | 1.03% |
| Navarro | 1.48% |
| Newton | 0.77% |
| Nolan | 1.38% |
| Nueces | 1.97% |
| Ochiltree | 1.40% |
| Oldham | 1.70% |
| Orange | 1.37% |
| Palo Pinto | 1.17% |
| Panola | 1.04% |
| Parker | 1.67% |
| Parmer | 1.33% |
| Pecos | 0.83% |
| Polk | 1.12% |
| Potter | 1.76% |
| Presidio | 1.35% |
| Rains | 1.35% |
| Randall | 1.74% |
| Reagan | 1.05% |
| Real | 1.39% |
| Red River | 1.17% |
| Reeves | 1.56% |
| Refugio | 0.92% |
| Roberts | 1.25% |
| Robertson | 1.01% |
| Rockwall | 2.14% |
| Runnels | 1.80% |
| Rusk | 1.01% |
| Sabine | 0.64% |
| San Augustine | 0.91% |
| San Jacinto | 1.18% |
| San Patricio | 1.76% |
| San Saba | 1.14% |
| Schleicher | 1.07% |
| Scurry | 1.31% |
| Shackelford | 1.10% |
| Shelby | 0.84% |
| Sherman | 1.26% |
| Smith | 1.36% |
| Somervell | 0.96% |
| Starr | 0.88% |
| Stephens | 1.26% |
| Sterling | 0.76% |
| Stonewall | 1.48% |
| Sutton | 0.89% |
| Swisher | 1.54% |
| Tarrant | 2.37% |
| Taylor | 1.52% |
| Terrell | 0.67% |
| Terry | 1.43% |
| Throckmorton | 1.47% |
| Titus | 1.31% |
| Tom Green | 1.36% |
| Travis | 1.98% |
| Trinity | 0.96% |
| Tyler | 0.92% |
| Upshur | 1.30% |
| Upton | 0.84% |
| Uvalde | 1.40% |
| Val Verde | 1.55% |
| Van Zandt | 1.22% |
| Victoria | 1.79% |
| Walker | 1.40% |
| Waller | 1.67% |
| Ward | 0.76% |
| Washington | 1.52% |
| Webb | 2.18% |
| Wharton | 1.60% |
| Wheeler | 1.09% |
| Wichita | 1.69% |
| Wilbarger | 1.55% |
| Willacy | 1.57% |
| Williamson | 2.22% |
| Wilson | 1.65% |
| Winkler | 1.20% |
| Wise | 1.49% |
| Wood | 1.16% |
| Yoakum | 1.11% |
| Young | 1.12% |
| Zapata | 0.76% |
| Zavala | 1.00% |
Who are VA Loans For?
VA loans are an excellent option for veterans, active-duty military personnel, and qualified surviving spouses who want to purchase a home without needing a down payment. This loan type is particularly helpful for individuals who may have limited savings or lower credit scores. Additionally, VA loans are a smart choice for refinancing current home loans.
How VA Loans Work?
The Department of Veterans Affairs (VA) backs VA loans, offering lenders protection against losses in case the borrower defaults. This assurance allows veterans to secure loans with better conditions, including lower interest rates and no need for private mortgage insurance (PMI).
How to Qualify?
- Served at least 90 consecutive days during wartime or 181 days during peacetime.
- VA Certificate of Eligibility
- No down payment required.
- Minimum 620 credit score
- Debt-to-income of 45% or lower
Types of VA Loans
The Department of Veterans Affairs (VA) offers several loan programs tailored to meet the diverse needs of veterans and active-duty service members:
VA Purchase Loan
Designed to help eligible borrowers purchase homes under favorable terms, often with no down payment. This loan offers lower interest rates than many conventional options, making homeownership more affordable.
- Provides 100% financing, eliminating the need for a down payment.
- Offers competitive interest rates, often below those of conventional loans.
- Applicable to single-family homes, VA-approved condos, and multi-unit properties.
Interest Rate Reduction Refinance Loan (IRRRL)
Also known as the VA Streamline Refinance, this loan simplifies refinancing an existing VA loan, often without requiring an appraisal or credit check.
- Streamlines the refinancing process, reducing paperwork and wait times.
- Lowers monthly payments by securing a reduced interest rate.
- Closing costs are minimal and can be rolled into the loan to avoid upfront expenses.
Cash-Out Refinance Loan
A cash-out refinance loan allows veterans to refinance their mortgage and access their home equity to fund major expenses like renovations, education, or debt consolidation.
- Provides access to up to 100% of home equity, depending on the lender’s guidelines.
- Can refinance both VA and non-VA loans, offering flexibility for homeowners.
- Funds can be used for a variety of needs, from medical bills to home improvements.
Native American Direct Loan (NADL)
The Native American Direct Loan Program supports Native American veterans and their families in purchasing, building, or improving homes on federal trust land.
- Requires no down payment and features competitive interest rates.
- Tailored for housing needs on federal trust land, including renovations and new construction.
- Reduces closing costs to enhance affordability for Native American veterans.
Rehabilitation and Renovation Loan
A VA Rehabilitation Loan combines the cost of home improvements with a VA mortgage, simplifying the financing of necessary repairs or upgrades.
- Finances essential repairs like structural fixes or system upgrades.
- Supports modernization projects, such as energy-efficient installations or kitchen renovations.
- Rolls renovation costs into the loan, making it easier to fund property enhancements.
Energy Efficient Mortgage (EEM)
VA-backed EEMs finance eco-friendly upgrades to reduce utility costs and promote sustainability in the home.
- Covers energy-saving improvements like solar panels, upgraded HVAC systems, or better insulation.
- Can be integrated with other VA loans for seamless financing.
- Helps reduce environmental impact while lowering long-term utility expenses.
How to Apply for a VA Loan in Texas
Applying for a VA loan in Texas follows the same general process as in other states. However, it’s important to ensure that you’re working with a lender familiar with Texas VA loan programs and the specific benefits available to Veterans in the state. Here’s a step-by-step overview of the VA loan application process:
- Obtain a Certificate of Eligibility (COE): You’ll need a COE from the VA to prove your eligibility. Many lenders can help you obtain this, or you can apply directly through the VA’s eBenefits portal.
- Get Pre-approved: Before shopping for a home, it’s essential to get pre-approved by a VA-approved lender. This will give you an idea of how much you can afford and will make the home-buying process smoother.
- Find a VA-Savvy Realtor: It’s helpful to work with a real estate agent experienced with VA loans who can help guide you through the process and ensure that your offer stands out to sellers.
- Complete the VA Loan Process: Once you’ve found a home, your lender will process the loan application, conduct an appraisal, and work with you to close the loan.
Frequently Asked Questions
1. Can I use a VA loan more than once in Texas?
Yes, VA loans are a lifetime benefit, meaning you can use them multiple times as long as you meet eligibility requirements and have remaining entitlement.
2. Do Texas Veterans pay property taxes?
Veterans with a 100% disability rating are fully exempt from paying property taxes in Texas. Partial exemptions are available for Veterans with a disability rating of 10% or higher.
3. What are the current VA loan limits in Texas?
For Veterans with full entitlement, there are no loan limits in Texas. For those with partial entitlement, loan limits are determined by the county where the property is located.
4. How long does it take to close on a VA loan in Texas?
The VA loan process typically takes 30-45 days, depending on factors like the lender’s workload and the complexity of the transaction.
5. What are the benefits of using a VA loan in Texas?
VA loans offer several benefits, including no down payment, no PMI, competitive interest rates, and flexible credit requirements. Texas Veterans can also take advantage of state programs like property tax exemptions and the VLB Housing Assistance Program.
6. Can I combine a VA loan with other Texas Veteran housing programs?
Yes, Veterans in Texas can combine VA loans with other state-specific programs like those offered by the Texas Veterans Land Board and the Texas State Affordable Housing Corporation.
7. Are there any additional fees associated with VA loans in Texas?
VA loans require a one-time VA funding fee, which varies depending on factors like the loan type and whether it’s your first VA loan. However, Veterans with service-related disabilities may be exempt from this fee.
8. Can I use a VA loan to buy land in Texas?
While VA loans are generally intended for home purchases, Veterans can use the Texas Veterans Land Loan Program to finance the purchase of land.
All Military Bases in Texas
- Camp Bullis Military Training Facility in Texas
- Camp Mabry – Headquarters of Texas Military Forces
- Corpus Christi Army Depot – Helicopter Repair Hub
- Dyess AFB – Home of the 7th Bomb Wing in Texas
- Ellington Field Joint Reserve Base – Texas Military Operations
- Exchange Service Headquarters Dallas – AAFES Command Center
- Fort Bliss – Key Training and Deployment Center in Texas
- Fort Cavazos – Largest Active-Duty Armored Post in Texas
- Sheppard AFB – Euro-NATO Pilot Training in Texas
- Fort Sam Houston – Premier Medical Training Base in Texas
- Fort Worth NAS JRB – Joint Reserve Base in Texas
- Goodfellow AFB – Intelligence Training Base in Texas
- Kingsville NAS – Premier Naval Jet Training Base in Texas
- Lackland AFB – Air Force Basic Training Center in Texas
- Laughlin AFB – Pilot Training Wing in Texas
- NAS Corpus Christi – Naval Aviation Training Base in Texas
- Randolph AFB – Air Education and Training Command in Texas
- Red River Army Depot – Military Vehicle Repair Facility