Texas Disabled Vet Loan Benefits
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Texas Veteran Loan Benefits for Disabled Veterans
- Funding Fee Exemption: Similar to the VA loan benefits, disabled veterans with a service-connected disability rating of 10% or more are also exempt from the VA funding fee when the loan is processed as a VA Loan under the Texas Veteran Loan program.
- Interest Rate Discount: Veterans with a service-connected disability rating of 30% or more are eligible for an additional discount of 0.5% off the Texas Vet Loan rates. This discount further lowers the cost of borrowing and is in addition to the already competitive rates offered by the Texas Vet Loan program.
- Texas Property Tax Exemptions: Veterans receiving disability compensation from the U.S. Department of Veterans Affairs for a service-connected disability may qualify for a property tax exemption on some or all of the value of their primary residence in Texas. Detailed information about these exemptions and how to apply can be found on here: Disabled Veterans: Texas Property Tax Benefits
Additional Housing-Related Benefits
Disabled veterans in Texas may also be eligible for other housing-related benefits, which include:
- Specially Adapted Housing (SAH) Grants: These grants are designed to help disabled veterans by funding necessary modifications to their residences, making them more accessible. Modifications can be made to both temporary and permanent homes. For more information, veterans can visit the Department of Veterans Affairs website and look up Specially Adapted Housing grants.
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