Example Texas Vet Loan Scenario - valoanstexas.com

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Texas Veteran and VA Home Loans

Serving Texas Veterans Statewide



Rates current as of 05/03/2021 are provided by the Texas Veterans Land Board. Sample monthly Principal and Interest (P&I) payment of $989.00 is based on a purchase price of $300,000, down payment of 20%, 30 year fixed rate mortgage and rate of 2.82% / 3.006% APR (annual percentage rate). Advertised rates and APR effective as of 05/03/2021 and are subject to change. Above scenario assumes a first lien position, 680 FICO score, 30 day rate lock on a primary residence and are subject to change without notice. Subject to underwriting guidelines and applicant’s credit profile. Sample payment does not include taxes, insurance or assessments. Not all applicants will be approved. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Contact Guaranteed Rate for more information and up to date rates.

Review this week’s 15 and 30 year Texas Veterans Land Board mortgage rates and see if this type of mortgage is right for you. Compare options and projected payments. These 15 and 30 year mortgage scenarios are based on current Texas Veteran Land Board mortgage loan rates for the purchase of a single-family, primary residence in the state of Texas underwritten as a Conventional Loan, and assumes the loan will have an escrow account.

15 Year Fixed Rate Loan

  • Origination Fee: 1%
  • Participation Fee: 1%
  • Interest Rate: 2.82%
  • APR: 3.006%
  • Loan Amount: $240,000
  • Down Payment: 20%
  • Term: 15 Year
  • Monthly Principal and Interest: $1,637
  • Closing Costs: $10,337
  • VA Disability Rating: 0%

30 Year Fixed Rate Loan

  • Origination Fee: 1%
  • Participation Fee: 1%
  • Interest Rate: 2.82%
  • APR: 3.006%
  • Loan Amount: $240,000
  • Down Payment: 20%
  • Term: 30 Year
  • Monthly Principal and Interest: $989.00
  • Closing Costs: $10,337
  • VA Disability Rating: 0%

 

 

 

 

 

 

 

General Disclosures

  • Sample payment does not include taxes, insurance or assessments.
  • The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees (such as mortgage insurance, discount points, and origination fees). For home equity lines, the APR simply reflects the interest rate. When shopping for a mortgage, you can use the APR to compare the costs of similar loans between lenders.
  • The estimated total closing costs above do not constitute and are not a substitute for a loan estimate, which includes an estimate of closing costs, that you will receive once you apply for a loan. The amounts provided above for Estimated Total Closing Costs, are estimations based on the Texas Veteran Land Board mortgage loan program selected. This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs and monthly payment on your specific loan transaction may vary, and may include city, county or other additional fees and costs.
VALoansTexas.com
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Joshua Thomas
Joshua Thomas
06:56 26 Sep 22
Ms Shirley and her team were among the top teir customer service representatives I have ever had the pleasure of... working with. I'll admit, I was apprehensive at first, given the number of people that had their hands in everything. Tends to lead to confusion and things getting messed up, which takes time to fix. I brought an issue to Ms Shirley and without hesitation, calls the team members involved and conferences the issue. Absolutely stunned when that happened. This goes to show you the dedication of this team and I would absolutely recommend them to anyone! Thank you and I can't say it enough. Still hope for humanity yet.read more
Jennifer Young
Jennifer Young
13:28 30 Aug 22
All transactions went smoothly. VA Loans kept me updated through the loan process and returned phone calls... immediately. We even closed a week ahead of schedule! Thank you for all your hard work!read more
Sheryl Wilson
Sheryl Wilson
19:57 01 Aug 22
What a wonderful supportive company this is. They helped me every step of the way with my VA loan. Thank you so much... Karolina for your hard work in getting this done. You are awesome 🙂read more
Felicia Agosto
Felicia Agosto
04:01 27 Jul 22
First time buying a home and Shirley and her team were flexible with me as I transitioned out of the military. They... made this milestone one to remember ! Super glad I went with guaranteed rate.read more
Deborah Bassett
Deborah Bassett
18:29 20 Jul 22
We had a nightmare of an experience with a previous lender but Shirley and Karolina went above and beyond to not only... get us into our home, but provide the best customer service possible! They fought hard for us and thanks to them, we are finally living in our dream home. I highly recommend valoanstexas!read more
court stimmel
court stimmel
00:53 14 Jul 22
Very painless VA loan. Much better than prior company I used. Thank you
ary park
ary park
16:42 11 Jul 22
everyone was very easy to work with. they were very knowledgeable on every part of the process
Steven N.
Steven N.
18:14 14 Jun 22
Excellent service and would recommend to anyone seeking a VA home loan. Thank you Shirley and team for your help!
Katie Thebeau
Katie Thebeau
18:39 17 Apr 22
I had a great experience with Shirley Mueller at guaranteed rate!! I bought my first home with a loan through them,... they guided me through the process and i got a great rate…incredibly appreciative and highly recommend her and her team, especially for first time home buyers 🙏🏼Thank you again!!read more
Victor Bernal
Victor Bernal
17:38 29 Mar 22
I am so pleased with the team lead by Shirley Muller at Guaranteed Rate. I was able to get the home of my dreams thanks... to the magnificent Job of all the members of Ms. Muller's team. Everything was handled with the upmost professionalism and spectacular costumer service. I closed on time and on the date that it was scheduled for with no changes. The team guided me all the way and from all the closings of my other 4 homes this was the easiest one, not as stressful as other times when purchasing a home. I would definitely recommend Shirley Muller to anyone looking to purchase a new home specially military veterans, " they will take care of you all the way" . Thank you so mcuh Shirley Muller and entire team for all your help and hard work.read more
Luz Antolinez
Luz Antolinez
15:43 25 Mar 22
Shirley and her team were fabulous! They handle all the paper work and guided us through the process of buying our new... home! Thank you so much for taking such good care of us!! We totally recommend their team!!read more
Matt Perez
Matt Perez
03:15 25 Feb 22
Shirley and her friendly team are professional and provided my client with a smooth, on-time transaction. Highly... recommend!read more
Rob Slott
Rob Slott
18:37 17 Feb 22
Wonderful team to work with. They handled everything every step of the way and was always easy to contact.
Chuck Clark
Chuck Clark
16:11 02 Feb 22
Shirley and her team were the best. I would recommend them above any other lender for veterans and using their VA... benefits. They were in constant contact with us throughout everything. Highly Recommend them!read more
Claudia Harris
Claudia Harris
18:18 18 Nov 21
I was in a tough situation after my divorce and even with a low credit score Shirley Mueller and her team at Guaranteed... Rate were able to get me approved for a refinance when other lenders couldn't. I encourage you to give them a try first! They're an awesome team and I highly recommend them!read more
Brian Chapman
Brian Chapman
22:25 10 Nov 21
Absolutely top notch!!! This being our first home, I had no idea what to expect, and to be honest the thought of... getting through this was quite stressful! This entire process from start to finish has been nothing short of amazing and stress-free. Everyone has been extremely friendly and helpful! All of my questions and concerns were addressed quickly and promptly! You have all made this veterans dream of home ownership come true, what a pleasure this journey has been! Thank you all!!read more
Crystal Murphy
Crystal Murphy
15:11 05 Nov 21
Shirley was a pleasure to work with! My client and I had a very smooth transaction with Shirley. She is also very... quick in respond to in questions or concerns.read more
Wilson Pemboh
Wilson Pemboh
06:03 13 Oct 21
Shirley Mueller and her team, especially Ashley Lundgren, were very resourceful to me throughout the entire process -... from prequalification through to closing. But for their determination, persistence, and resolve, I would not have been successful with the homebuying process. Shirley was especially professional yet, very personable and relatable. I would recommend Shirley and her team from Guaranteed Rate any day.read more
Dustin Krieger
Dustin Krieger
22:42 25 Sep 21
If you are looking for the best VA originator then Shirley is your 1 stop shop! Ultra low rate and really did a great... job from start to finish!read more
Laurie Rad
Laurie Rad
18:44 20 Sep 21
Working with the VALoansTx team to purchase our home in Texas was an amazing experience. Shirley, Angie, Ashley, and... their team were in constant communication with us, making sure that we knew what to expect with every step of the complicated process. In today’s crazy housing market, it was comforting to know that we had an entire team that was only a phone call away. They were quick to answer calls, emails and always very friendly and personable. We could not have achieved this dream without VALoansTx on our team. We will highly recommend to everyone we know buying a home with a VA loan.read more
Pinchas Bard-wigdor
Pinchas Bard-wigdor
16:16 15 Aug 21
Although there were bumps in the road, we closed on time and that's what matters! Ashley I very quick to respond to... emails even after hours! Angie is very patient and knows what the clients needs are!read more
Mark Perez
Mark Perez
23:00 29 Jul 21
Shirley and her team were amazing!! Shirley was upfront, honest, transparent and communicated excellent 100% of the... time. Shirley and her team closed our home in 12 days very impressive. I highly recommend Guarantee rate and Shirley Mueller for your current or next home loan. Keep in mind not all mortgage loan officers are equally the sane!!! You can trust Shirley 100% with zero worries!! Shirley. Angie and Ashley thank you so much for all your work!! It’s obvious you all are very knowledgeable!!Thank youMarkread more
Chauncey Taborn
Chauncey Taborn
21:17 21 Jul 21
Great group of people I want to thank Angie, Lori, Ashley and If I'm forgetting you I'm so sorry. Thank you for... everything!!!read more
Trina LaFauci
Trina LaFauci
16:32 24 Jun 21
Such a pleasure to work with this mortgage company. I have done many VA loans with Angie Frazier. She always does a... fantastic job of communicating and taking the best care of her clients. I would definitely recommend her for any type of home loan.read more
Anthony Abbott
Anthony Abbott
11:10 28 May 21
Shirley Mueller and her team were awesome. They were so very helpful to us during our home buying experience. They... were very professional and responsive to our many concerns and questions. They explained everything clearly to us. Great team to work with, especially if you’re a Veteran.read more
Damion Pitters
Damion Pitters
15:46 15 Apr 21
Shirley Mueller Ashley Lundgren and the entire Team at Guaranteed Rate was amazing throughout the entire loan process.... As a Army veteran and first time homebuyer relocating from New York to Texas their online loan process was absolutely unbelievable❤️🙌 they were very responsive with any questions I had very easy to reach on the phone and worked very hard and quickly to resolve any issues that arose during the process. My loan was able to close in 29 Days from the moment a signed contract was received by the lender I would highly recommend any Veteran or Civilian needing home financing to contact Shirley Mueller at Guaranteed Rate wish I could give 100 stars.read more
Timothy Cox
Timothy Cox
16:48 02 Mar 21
Thank you God!!! There are not enough "stars" to rate this company. Shirley Mueller and the Guaranteed Rate Team are... superb!!! They are heaven sent. Their services are off the chart!Thank you Jonathan, Karolina, and Ashley! You made our first homebuying experience exciting and easy! There were many that told us "NO" but Guaranteed Rate... you said YES! Thank you Ashley for everything! Your expertise was phenomenal and your encouragement will never go unforgotten! Thank you again Shirley for making our dream a reality! We knew from the jump that you were the right fit for our needs. You held our hand through the entire process as if it was a purchase of your very own. We are forever grateful! Continuous blessings to you and your team!!! #HIGHLYRECOMMENDEDread more
James Shepherd
James Shepherd
17:22 31 Jan 21
Shirley Mueller, and her entire team, were phenomenal to work with. All home loan details and notices were communicated... to me with enough lead time to act on the documents. The very best home loan team is at Guaranteed Rate without doubt!read more
Olatunde Olatunji
Olatunde Olatunji
22:50 13 Jun 20
Excellent customer service by Shirley and her team. They promptly returned our calls/emails. Shirley once returned my... call from home on her day off. That’s the type of emphasis she places on customer service/satisfaction. She and her team made refinancing process a breeze for us. This is our second closing in three months span. Will definitely be using their services again in the future. Highly recommends her business to all service members and vets.read more
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