What Are The Guidelines for a VA Loan in Texas?

When borrowing for a VA loan the most important thing to understand is the amount is going to vary from lender to lender. However, both VA loans and Texan Veteran Loans have a maximum cap of $424,100. Understand that this does not mean that you will be unable to borrow more money if the situation arises. If you do go over the maximum amount, you will need a VA Jumbo Loan. When you are deciding which lender is best for your VA loan needs, consider the amount you need to borrow and who will be able to offer the best rate possible.

As with any VA loan, you will need to be able to meet the requirements and obtain the certificate of eligibility for the VA. The process is the same with the Texas Veteran Loan. There are various requirements that need to be meet in order to be considered eligible for a VA loan. You must be a veteran or active in the military and have served at least 90 consecutive days during war or 181 days while the country was in a state of peace. For members of the Reserve or National Guard, six years of service are needed to be deemed eligible unless you have been deemed eligible through active duty.

The Texas Veteran Loan is quite similar to a VA mortgage, with the majority of eligibility requirements holding true. However, in this case, in order to apply, one must be a resident of Texas. You need to have residence in the state of Texas, but you may be serving outside of the state, with expectations to continue residence within the state after service. Similar to the VA mortgage, a Texas Veteran Loan has financial, housing, credit, and military requirements that will need to be met for eligibility.

One of the best ways to save a lot of time, energy and money is to look at every aspect of what is needed to be considered eligible for either a VA or Texas Veteran Loan. Doing so will allow you to move through the process much easier and be able to borrow what you need.

VA Loan Requirements

Once you are approved for a VA loan, there are special requirements that need to be meet to secure a Texas Veteran Loan. One of the first and most important is the fact that the property is located in Texas, and it must be your primary residence that you remain in for three years. If you are looking to secure a rental property or second home, a Texas Veteran Loan will not meet your needs at this time. In addition, the property can not be an apartment, it must be either a condo, townhouse, or single family residence. A property within a duplex can be purchased, however, it must be five years old at the closing date of the loan and all new homes are required to have a HERS index score of 75 and an Energy Start certification.

One of the main questions that gets asked time and time again, is if a military spouse if eligible for a Texas Veteran Loan and the simple answer is yes. Surviving military spouses may apply for a certificate of eligibility, yet there are some certain requirements. You may only be deemed eligible if you are not currently married. If you have remarried after the loss of a spouse you will not be able to apply until your current marriage ends due to death or divorce.

Areas We Service in Texas

Local communities we service in the Austin, TX area:

Austin, Bee Cave, Briarcliff, Buda, Cedar Creek, Cedar Park, Creedmoor, Dale, Del Valle, Driftwood, Kyle, Lago Vista, Lakeway, Leander, Manchaca, Manor, McNeil, Pflugerville, Red Rock, Round Rock, Spicewood, Sunset Valley, West Lake Hills

Bastrop County, Caldwell County, Hays County, Travis County, Williamson County

73301, 73344, 78610, 78612, 78613, 78616, 78617, 78619, 78630, 78640, 78645, 78651, 78652, 78653, 78660, 78662, 78669, 78680, 78683, 78691, 78701, 78702, 78703, 78704, 78705, 78708, 78709, 78710, 78711, 78712, 78713, 78714, 78715, 78716, 78717, 78718, 78719, 78720, 78721, 78722, 78723, 78724, 78725, 78726, 78727, 78728, 78729, 78730, 78731, 78732, 78733, 78734, 78735, 78736, 78737, 78738, 78739, 78741, 78742, 78744, 78745, 78746, 78747, 78748, 78749, 78750, 78751, 78752, 78753, 78754, 78755, 78756, 78757, 78758, 78759, 78760, 78761, 78762, 78763, 78764, 78765, 78766, 78767, 78768, 78769, 78772, 78773, 78774, 78778, 78779, 78780, 78781, 78783, 78785, 78786, 78788, 78789, 78799

Local communities we service in the Dallas, TX area:

Addison, Arlington, Balch Springs, Bedford, Carrollton, Cedar Hill, Coppell, Dallas, Desoto, Double Oak, Duncanville, Euless, Farmers Branch, Ferris, Flower Mound, Forney, Fort Worth, Garland, Grand Prairie, Grapevine, Heath, Hutchins, Irving, Lancaster, Lewisville, Mansfield, Mesquite, Murphy, Plano, Red Oak, Richardson, Rowlett, Sachse, Seagoville, Southlake, Wilmer, Wylie

Collin County, Dallas County, Denton County, Ellis County, Kaufman County, Rockwall County, Tarrant County

75001, 75006, 75007, 75008, 75010, 75011, 75014, 75015, 75016, 75017, 75019, 75022, 75023, 75024, 75026, 75027, 75028, 75029, 75030, 75032, 75037, 75038, 75039, 75040, 75041, 75042, 75043, 75044, 75045, 75046, 75047, 75048, 75049, 75050, 75051, 75052, 75053, 75054, 75057, 75060, 75061, 75062, 75063, 75067, 75074, 75075, 75077, 75080, 75081, 75082, 75083, 75085, 75086, 75088, 75089, 75093, 75094, 75098, 75099, 75104, 75106, 75115, 75116, 75123, 75125, 75126, 75134, 75137, 75138, 75141, 75146, 75149, 75150, 75154, 75159, 75172, 75180, 75181, 75182, 75185, 75187, 75201, 75202, 75203, 75204, 75205, 75206, 75207, 75208, 75209, 75210, 75211, 75212, 75214, 75215, 75216, 75217, 75218, 75219, 75220, 75221, 75222, 75223, 75224, 75225, 75226, 75227, 75228, 75229, 75230, 75231, 75232, 75233, 75234, 75235, 75236, 75237, 75238, 75239, 75240, 75241, 75242, 75243, 75244, 75245, 75246, 75247, 75248, 75249, 75250, 75251, 75252, 75253, 75254, 75258, 75260, 75261, 75262, 75263, 75264, 75265, 75266, 75267, 75270, 75275, 75277, 75283, 75284, 75285, 75286, 75287, 75295, 75301, 75303, 75310, 75312, 75313, 75315, 75320, 75323, 75326, 75336, 75339, 75342, 75346, 75353, 75354, 75355, 75356, 75357, 75359, 75360, 75363, 75364, 75367, 75368, 75369, 75370, 75371, 75372, 75373, 75374, 75376, 75378, 75379, 75380, 75381, 75382, 75386, 75387, 75388, 75389, 75390, 75391, 75392, 75393, 75394, 75395, 75396, 75397, 75398, 76002, 76004, 76005, 76006, 76007, 76010, 76011, 76012, 76014, 76015, 76018, 76019, 76021, 76039, 76040, 76051, 76063, 76092, 76096, 76099, 76155

Local communites we service in the Houston, TX area:

Alief, Alvin, Bacliff, Barker, Baytown, Beach City, Bellaire, Channelview, Cove, Crosby, Cypress, Damon, Dayton, Deer Park, Dickinson, Fresno, Friendswood, Galena Park, Galveston, Hardin, Highlands, Hitchcock, Houston, Huffman, Humble, Kemah, Kingwood, La Marque, La Porte, League City, Liberty, Manvel, Missouri City, Mont Belvieu, New Caney, North Houston, Pasadena, Pearland, Port Bolivar, Porter, Richmond, Rosharon, Santa Fe, Seabrook, South Houston, Spring, Stafford, Sugar Land, Texas City, Thompsons, Tomball, Webster, West University Place

Brazoria County, Chambers County, Fort Bend County, Galveston County, Harris County, Liberty County, Montgomery County

77001, 77002, 77003, 77004, 77005, 77006, 77007, 77008, 77009, 77010, 77011, 77012, 77013, 77014, 77015, 77016, 77017, 77018, 77019, 77020, 77021, 77022, 77023, 77024, 77025, 77026, 77027, 77028, 77029, 77030, 77031, 77032, 77033, 77034, 77035, 77036, 77037, 77038, 77039, 77040, 77041, 77042, 77043, 77044, 77045, 77046, 77047, 77048, 77049, 77050, 77051, 77052, 77053, 77054, 77055, 77056, 77057, 77058, 77059, 77060, 77061, 77062, 77063, 77064, 77065, 77066, 77067, 77068, 77069, 77070, 77071, 77072, 77073, 77074, 77075, 77076, 77077, 77078, 77079, 77080, 77081, 77082, 77083, 77084, 77085, 77086, 77087, 77088, 77089, 77090, 77091, 77092, 77093, 77094, 77095, 77096, 77097, 77098, 77099, 77201, 77202, 77203, 77204, 77205, 77206, 77207, 77208, 77209, 77210, 77212, 77213, 77215, 77216, 77217, 77218, 77219, 77220, 77221, 77222, 77223, 77224, 77225, 77226, 77227, 77228, 77229, 77230, 77231, 77233, 77234, 77235, 77236, 77237, 77238, 77240, 77241, 77242, 77243, 77244, 77245, 77248, 77249, 77251, 77252, 77253, 77254, 77255, 77256, 77257, 77258, 77259, 77261, 77262, 77263, 77265, 77266, 77267, 77268, 77269, 77270, 77271, 77272, 77273, 77274, 77275, 77277, 77279, 77280, 77281, 77282, 77284, 77287, 77288, 77289, 77290, 77291, 77292, 77293, 77297, 77298, 77299, 77315, 77325, 77336, 77337, 77338, 77339, 77345, 77346, 77347, 77357, 77365, 77373, 77375, 77377, 77379, 77380, 77383, 77386, 77387, 77388, 77389, 77391, 77396, 77401, 77402, 77406, 77407, 77410, 77411, 77413, 77429, 77430, 77459, 77477, 77478, 77479, 77481, 77487, 77489, 77496, 77497, 77498, 77501, 77502, 77503, 77504, 77505, 77506, 77507, 77508, 77510, 77511, 77512, 77517, 77518, 77520, 77521, 77522, 77523, 77530, 77532, 77535, 77536, 77539, 77545, 77546, 77547, 77549, 77550, 77555, 77561, 77562, 77563, 77565, 77568, 77571, 77572, 77573, 77574, 77575, 77578, 77580, 77581, 77583, 77584, 77586, 77587, 77588, 77590, 77591, 77592, 77598, 77650

Local communities we service in the San Antonio, TX area:

Adkins, Atascosa, Balcones Heights, Bigfoot, Bulverde, Cibolo, Converse, Elmendorf, Fair Oaks Ranch, Helotes, Kirby, La Coste, Lytle, Macdona, Natalia, Saint Hedwig, San Antonio, Schertz, Somerset, Universal City, Von Ormy

Atascosa County, Bexar County, Comal County, Frio County, Guadalupe County, Medina County

78002, 78005, 78015, 78023, 78039, 78052, 78054, 78059, 78069, 78073, 78101, 78108, 78109, 78112, 78148, 78150, 78152, 78154, 78163, 78201, 78202, 78203, 78204, 78205, 78206, 78207, 78208, 78209, 78210, 78211, 78212, 78213, 78214, 78215, 78216, 78217, 78218, 78219, 78220, 78221, 78222, 78223, 78224, 78225, 78226, 78227, 78228, 78229, 78230, 78231, 78232, 78233, 78234, 78235, 78236, 78237, 78238, 78239, 78240, 78241, 78242, 78243, 78244, 78245, 78246, 78247, 78248, 78249, 78250, 78251, 78252, 78253, 78254, 78255, 78256, 78257, 78258, 78259, 78260, 78261, 78262, 78263, 78264, 78265, 78266, 78268, 78269, 78270, 78275, 78278, 78279, 78280, 78283, 78284, 78285, 78286, 78287, 78288, 78289, 78291, 78292, 78293, 78294, 78295, 78296, 78297, 78298, 78299

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