What is a Veterans Administration (VA) mortgage?

By
Real Estate Agent with Come Home ATX


Veterans Administration

 

What is a Veterans Administration (VA) mortgage?

 

VA Mortgage

A VA (Veterans Administration) mortgage is a mortgage program administered through the Veterans Administration that is a benefit of being an active or retired member of the United States military. VA loans have reduced closing costs and require low to no down payments, much like an FHA mortgage. VA mortgages are funded in part by the VA, though they are serviced through conventional lenders who work with VA loans.

 

Texas VA Mortgage

The Texas Veterans Housing Assistance program is sponsored and administered by the Texas Veterans Land Board. It provides Texas Veteran's home loans at special interest rates. It is available for veterans and active military personnel who meet certain Texas residence requirements. Texas Vet loans are underwritten as either a VA loan or as a conventional loan. The standard VA Funding Fee applies to loans using VA. 

 

 

 

 

 

 

 

 

Find out if you qualify for a VA mortgage!!!

 

Thank you reading, What is a Veterans Administration (VA) mortgage?

Comments (3)

Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services
Very well done with this post Mark that discusses Veterans Administration (VA) mortgage . This is very informative and easy to understand. Keep up the good work!
Dec 18, 2013 10:44 AM
Waynette Hoover Araj
Keller Williams Realty - Asheboro, NC
Connecting your Dreams with the Right Real Estate
Well witten article you have here Mark that highlights what is a Veterans Administration mortgage. This is of great help to an active or retired member of the United States military. Thank you for the details.
Dec 30, 2013 12:38 PM
Barbara Gregus
CARES Consumer Advantage Real Estate Services - Sandia Park, NM
Sandia Park Paa-ko Homes
Clear, precise and well written article Mark. This will surely come in handy for those who serve and protected our country. All the best and keep them coming.
Jan 03, 2014 10:00 AM