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mortgage: Tex Vet Loans offer Lower Interest Rates to Disabled Veterans - 07/06/10 03:48 PM
The Texas Veterans Land Board offers low interest home and land loans to qualifying veterans .  At this time, rates for disabled veterans with at least a 30% disability are at 3.88% for a 30 year fixed rate loan.  No downpayment is required, but a 1% participation fee is.   The seller may pay this participation fee for the buyer.
Today's rate for veterans with no disability is at 4.38%, and also requires no down payment, but does require the 1% particpation fee.
As a little bit of history, the Texas Veterans Land Board was created after WWII, to assist Texas veterans by providing low interest, long … (1 comments)

mortgage: 7 Things You Should Do Before Buying Fort Hood Real Estate - 11/05/09 10:29 AM
Buying Fort Hood Real Estate can be a wonderful experience!  But buyers do worry that since Fort Hood is such a big place, they won't be able to make a good decision as to where they should live.   And, since it's so easy to get around the Fort Hood area, we can see a lot of homes in a short time, which means being prepared is very important!
Take the stress out of your trip to buy Fort Hood Real Estate by taking these steps before you arrive in Central Texas:
Prequalify with a mortgage lender Discover your house payment comfort … (0 comments)

mortgage: Do I Have to Pay Points When I Buy a Home At Fort Hood? - 02/26/08 06:34 AM
 
And just what ARE points?  
Sounds mysterious, doesn't it?   
Boiling this down to the simplest explanation, paying points (also called discount points) means you are paying a lump sum of interest up front at the beginning of your loan to get a lower interest rate for the full term of your loan.   That's all it is.  Money out of your pocket into your lender's pocket,
Should you pay points when buying a home at Fort Hood?    
It depends on how long you are keeping the home.   Here's an example:  
 If you pay $1,000 to get a lower interest rate, and the … (0 comments)

 
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Mary Ann Daniell, Realtor Killeen Fort Hood Texas Real Estate

Killeen, TX

More about me…

Coldwell Banker United, Realtors

Address: Killeen, Ft. Hood, Harker Heights, Copperas Cove, Kempner, Nolanville, Lampasas, TX

Office Phone: (254) 547-4165 x 230

Cell Phone: (254) 681-4875

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