Current VA Mortgage and Texas Vet Loan Rates
Current VA Mortgage Rates in Texas
Because VA Loans are backed by the federal government, qualified Texas Veterans find that rates are generally lower with a VA home loan than a conventional mortgage. Interest Rates for VA Loans are not set by the VA, they are set by VA approved lenders like Banks and Mortgage Companies.
How is my Interest Rate Determined?
There are a number of factors that determine Interest Rates on Texas Veterans and VA Home Loans including the following:
- The term of the loan (10-30 years)
- Current Financial Market Conditions
- Your Credit Score
- Debt to Income Ratio
To be able to quote you an exact VA Loan Rate, all VA Lenders would have to Pre-Qualify you first. The interest rate is not set in stone until you have locked your loan and could move up or down depending on the Financial Markets until being locked.
We can Pre-Qualify you and provide you with the VA Loan Rate that you qualify for in 15 minutes!
Current Texas Vet Loan Mortgage Rates
Texas Vet Loan rates are set by the Texas Veteran Land Board and are updated at 5:00pm every Friday for the following week.
We are able to Prequalify you for a Texas Vet or VA Loan in about 15 minutes, please call or Apply Online.
Have questions about VA Loans ???
It doesn't matter if the home your looking to purchase or refinance is in San Antonio, Dallas, Houston, El Paso, Corpus Christi or Austin, as long as it is in our great state of Texas, I can help you.
Please give us a call at 210-656-1134, for a No Cost, No Credit Check, and No Obligation consultation and find out how much you qualify for.