100% financing is available, contingent upon adherence to all Texas Veteran and VA rules, guidelines, and additional program requirements. Approval is necessary for all loans. Texas Veteran VA loans may encompass a funding fee that can be financed up to the maximum allowed loan amount. CrossCountry Mortgage maintains no affiliation with the U.S. Department of Veterans Affairs or any other government agency.
A Texas Veteran VA loan of $300,000 for 30 years at 6.000% interest and 6.430% APR would yield a monthly payment of $1,798. Taxes and insurance are not factored into this amount; thus, the actual payment obligation will be higher. This includes a 1.00% loan origination fee, 1% participation fee and $1,590 Lender fees. The total encompasses loan origination fees, and an occupancy restriction applies. All loans are subject to credit approval.
Review this week’s Texas Veterans Land Board mortgage rates and see if this type of mortgage is right for you. Compare options and projected payments. This 30 year mortgage scenario is 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 VA Loan, and assumes the loan will have an escrow account.
CrossCountry Mortgage, LLC is not affiliated with or acting on behalf of or at the direction of the Veteran Affairs Office or any government agency. Certificate of Eligibility required for VA loan in Texas. NMLS License #3029 | MB.803095 | NMLS Consumer Access | CFPB
Sr. VP of Veteran Lending Specializing in Texas Vet & VA Loans NMLS ID: 336103
6601 Vaught Ranch Rd, Suite 101 I, Austin, TX 78730
**The advertised rates and points listed are subject to change at any time without prior notice and may not be available to all borrowers. These rates are predicated on specific assumptions and lending scenarios. The actual rate available to you can vary depending on your personal details, such as your credit score, the amount of the loan, your down payment, and our internal lending criteria. The rates provided are for a fixed rate mortgage, but they will differ depending on the loan term and property location. Additional rates, points, and loan terms might be available. Approval of all loans is contingent on credit and property evaluations. Property insurance is mandatory, and flood insurance might also be necessary.
Interest rates for the Texas Vet program are set weekly by the Texas Veterans Land Board and are subject to change based on when you lock your interest rate. Annual Percentage Rate (APR) represents the true yearly cost of your loan, including any fees or costs in addition to the actual interest you pay to the lender. Click HERE for an example.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact CrossCountry Mortgage for current rates and for more information.
