Texas Vet Loans VS VA Loans - Pros and Cons. Texas Vet (VLB) Loans often have lower rates than VA Loans. But a Texas Vet Loan is not always the best choice. Closing costs for a VA loan can be advantage of your VA loan entitlement while building a new home with a VA …Choosing A Veterans Loan: Texas Vet Loans vs. VA Loans. From Texas Vet Loans to VA Loans, even VA loans for new construction, we can help you choose and secure the right veterans home loan …07/08/2012 · These two loan programs have a lot of similarities, however, the primary difference is the rates for Texas Veteran Loans are set by the Texas Veterans Land Board and the rates on VA Mortgages are market based and set by the lenders who originate the loans with the VA guarantee. Also, Texas Veteran loans can only be used for home purchases, where as a VA Loan can be used for a home …04/08/2012 · Also, Texas Veteran loans can only be used for home purchases, where as a VA Loan can be used for a home purchase or refinance. Other differences include: A ½ percentage point discount on the Texas Vet loan for Veterans with a disability rating of 30% or greater. Texas Veteran loans can be originated under the guidelines for a VA Loan, FHA Loan or 15/12/2011 · Maximum Texas Vet loan is $325,000. VA guaranteed loans do not have a maximum dollar amount; however, lenders who sell their VA loans in the secondary market normally limit it to $417,000 for loans with zero down and a maximum of $1, for loans with down payment in Texas. Texas Veterans Land Board provides low-interest loans to Veterans and Military Members in Texas. Land Loans The VLB Veterans Land Loan Program is the only one of its kind in the nation—giving Texas Veterans and Military Members the opportunity to borrow money to purchase land at favorable interest rates and terms while only requiring a minimum 5% down Veterans Home Loans has been originating Texas Vet Loans (Texas Land Board Loans) and VA Guaranteed Loans and since 2002. We are the leader in Texas when it comes to helping our active-military and veteran families realize the home of their dreams. Call 866-704-2826 or go online today!Texas Vet Loan disabled Veteran benefits. Veterans with disabilities may qualify for an interest rate reduction on their VLB Home or Home Improvement Loans. The veteran must have a compensable service-connected disability of 30 percent (30%) or greater as verified by an Award Letter from the Department of Veterans Affairs (VA).
