If you have not yet locked in your interest rate with your lender, don’t be surprised that today’s rates are higher than what might have been quoted to you in the last several days.  The stock market has been on a roll lately and we’ve had a pretty quick bump up in interest rates.  The amount of the change is different for all types of loan programs, but as an example, a refinance that we quoted just two days ago will now cost roughly $1,800 more to get the same ...

Quite often I hear military veterans trying to decide between a VA loan and a Texas Vet loan when purchasing a house.  The funny thing is, there is no such thing as a stand-alone Texas Vet purchase loan.  The Texas Veteran Housing Assistance Program must be used in conjunction with a VA, FHA, or Conventional loan.  Over roughly 85% of the time, veterans use it with VA financing since typically no down payment is required and there is no mortgage insurance.

The real decision to be made is if the veteran ...

How cool would it be if you could tell a client serving in the military that when he deploys he does NOT have to pay interest on his home home? Can you imagine how much money that would save a veteran and how much peace of mind that would give his or her family about paying the bills while they are away?

All you have to do is recommend they get pre-approved for a Texas Vet loan and close on their loan BEFORE they are given orders for deployment. Here’s how it works…

Reservists and Guardsmen called to ...

What a way to finish the month.  I just locked the lowest 30-year fixed interest rate I have ever locked since I started in the business in 2004.  The rate is 3.07% on a fixed 30-year Texas Vet VA loan with no down payment, no mortgage insurance, and no VA funding fee, AND, probably no cash due at closing.  Even 15-year rates don’t go that low.  Even better, it is for a disabled Marine Corps Veteran.  That’s what I’m talking about!  Learn more about the

In order to lock a Texas Vet Housing Assistance loan, we must have the Notice of Certification from the Texas Veterans Land Board and that typically takes a couple of days to get. We provide our clients with the necessary forms and then we make the submission directly to the Land Board to get our client certified. Once the certification notice is received, then we can proceed with requesting the rate lock, assuming the veteran has a property under contract. The weekly rate is good until 3pm on Fridays and then after that you have to ...