VA Loan Rate Disclosure

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. 

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