In order to determine the maximum price of a home you can purchase with a Texas Vet or VA loans, we need to walk you through the pre-qualification process. This includes reviewing your income, assets, and liabilities. Using this information, we can estimate the mortgage payment you will qualify for, which subsequently calculates an estimated loan amount and purchase price a home you will be able to buy.
The conventional Texas Vet limit is $510,400 and the and conventional VA Mortgage limit is $548,250. If you want to go over $548,250 it would require using a “VA Jumbo Loan” which will require some amount of down payment for the portion over $548,250. Being Texas Vet or VA eligible does not automatically qualify a Veteran for a mortgage up to these amounts. You still must qualify based on your income, assets, and liabilities, and if applicable we would include your spouse’s as well.
To get started with a Texas Vet or VA Loan today, call us or fill out the short form on this page and we’ll help you get pre-qualified for a Texas Vet or VA Mortgage.