The VA Loan provides Houston Veterans with a federally guaranteed home loan which requires no down payment. You can purchase a home with no money down because of your military service. This program was designed to provide housing and assistance for veterans and their families.
In addition to purchasing a home, we also offer VA Construction financing and VA Home Renovation financing. So if you want to build a home or find a home that needs some TLC, we have you covered.
The Veterans Administration provides insurance to lenders in the case that you default on a loan. Because the mortgage is guaranteed, lenders will offer a lower interest rate and terms than a conventional home loan. VA home loans are available in all 50 states. A VA loan may also have reduced closing costs and no prepayment penalties.
Additionally there are services that may be offered to veterans in danger of defaulting on their loans. VA home loans are available to military personal that have either served 181 days during peacetime, 90 days during war, or a spouse of serviceman either killed or missing in action.