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30 Year Fixed
3.875% (3.912% APR)
*
15 Year Fixed
3.25% (3.292% APR)
*
Jumbo Loan
(30 Year Fixed)
4.00% (4.125% APR)
*
5 Year ARM
2.5% (2.612% APR)
*
FHA
3.75% (4.102% APR)
*
*Rates quoted with
0% points with
these assumptions.
Texas Mortgage Rates as of
(02/04/2012 7:04 AM)
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Financing for Texas Vets, Activated Reserve & Guard Members
TEXAS VET AND DISABLED VET LOAN – is sponsored by the Texas Veterans Land Board and is provided to Texas Vets in recognition of their military service. This program offers especially low rates for disabled vets.
Get a Texas Vet Loans as low as 4.41% (disabled vets) 4.91% (non-disabled vets) as of today. 100% financing available with standard VA funding fee.
The Veterans Housing Assistance Program (VHAP) provides financing up to $325,000 toward the purchase of a home to qualified Texas veterans.
The term of the loan can be 15, 20, 25 or 30 years.
The Texas Veterans Loan is for loans to purchase a home and is not a refinancing program. You can qualify for this program if you: (1) listed Texas as the home of record at the time of entry into the military; (2) have been a legal resident of Texas for at least twelve consecutive months prior to applying for a loan; or (3) are on active military duty, stationed in Texas, and have changed your state of legal residency to Texas.
The Texas Veterans Housing Assistance Program provides financial relief (0% INTEREST) if you get a Texas Vet Loan to buy a home and you are called up for active duty.
If you are a Reserve or Guard member and you are called up for active duty, you pay only principal and escrow on your home loan. There is a three month grace period after deactivation before interest resumes and for nine months following the grace period, the interest rate will be no more than six percent.
For more info on this program, please contact Jay@moneysafe.com