To qualify, homes must meet the following requirements:More Vet Loan - VA Guaranteed Loan | Texas Veterans Home Texas Vet Loan - VA Guaranteed Loan | Texas Veterans Home » VA Loan and Texas Veteran Mortgage » VA Loan and Texas Veteran Mortgage 8/23/2012 · VA Loan and Texas Veteran Mortgage Requirements. Usually, for an active duty service member or Veteran to be eligible for a Texas Vet or VA Mortgage, they will need to have served according to the following: 181 Days of Peacetime Active Duty Service. 91 Days of Wartime Active Duty Veterans Mortgage Refinance Information: How to refinance a Texas Vet Loan. The VLB Home Loan may not be used for refinancing. If you have an existing loan on your home, the Veterans Housing Assistance Program cannot be used to lower your interest rate, nor can the VHAP be used as a down payment on your Land Loan Requirements Location—VLB land loans are only for properties in the state of Texas. Down payment—Only 5% is required as a down payment. This is the lowest down payment of any veteran loan program in the state. Property size—VLB land loans are for properties of at least one To take advantage of the Texas vet loan program, your home must meet the following requirements. The home must be: Your primary residence; Located in Texas; Single family home, town home, or condominiums; Duplexes or other multi-family units (must have been constructed at least five years prior to the closing date of the loan).Texas Land Board Eligibility Requirements. To be eligible to participate in the Texas Veterans Loan Programs, you must: Be at least 18 years of age. Be a bona fide and legal resident of Texas on the date of application. (A "bona fide resident" is someone who is living in Texas with the intent to remain in ;· Texas Vet mortgages are for 15 & 30 yr fixed rates, require no down payment and can go up to $510,400. To get pre-qualified for a Texas Veteran Land Board mortgage fill out the short form to the lower right of this page and a loan professional from our team will contact you and walk you through the loan pre-qualification you qualify for a VA Loan or Texas Vet Loan, you'll find that rates are often lower than other loan programs. In addition, there are no monthly mortgage insurance or down payment requirements. The quickest way to get started is to call our toll-free number at 866-704-2826 during normal business hours, Mon-Fri, from 8:30am - 5:30pm.
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