With a Texas Veteran loan the answer is no, they are for home purchases only. However with a VA Loan the answer is yes – you can use your eligibility to re-finance your home using a VA Refinance program.
If you currently have a Veterans Affairs Mortgage on your home you may be able to lower your interest rate and payments through a Streamline Re-Finance, also known as an IRRRL (Interest Rate Reduction Re-Finance Loan).