Salt Lake City, UT (Vocus/PRWEB) April 20, 2011
LowVARates.com officially released its VA home loan white paper to help Texas veterans and military families receive a guide and useful information on the Texas VA loan industry.
The white paper helps veterans know the advantages of a VA home loan and states the main differences between conventional, FHA and VA loans. There are many misconceptions about VA home loans. The white paper is designed to help Texas veterans receive accurate and helpful information about the VA loan industry.
Owner of LowVARates.com, Eric Kandell, feels that many veterans and military families do not receive accurate information regarding VA home loans.
“There are just so many benefits offered with the VA loan and more times than not, veterans have no idea what those benefits are,” Kandell said. “Many times lenders are just not familiar with VA loans and do not want to take the time to learn the process. Consequently this is providing a great disservice for our military families and veterans.”
The white paper discusses the top five things Texas military home owners need to know when purchasing or refinancing a home. For Texas veterans, the white paper can help clear up some of the misconceptions surrounding VA loans in Texas.
Throughout the economic downturn of the past couple years, Texas housing market has remained one of the strongest markets in the nation. With affordable housing prices and low interest rates, Texas buyers are in a great position.
According to recent home statistics in 2011, Texas has already seen a 2% increase in both home sales and average home prices.
With the median home price at approximately $147,000, Texas is one of the most affordable plays to buy in the nation.
“For the past 4-5 years Texas has been a really great place to buy a home,” Kandell said. “Many large homes are going for under $150,000 making it one of the best markets in the nation.”
Getting a VA loan in Texas offers military families and veterans the only loan on the market with no-money-down or 100% financing. Also, interest rates are historically low and veterans and military families can take advantage of the many benefits of a VA home loan.
The LowVARates.com Texas white paper allows veterans to make an educated decision when deciding between different loan options for their home.
“Texas veterans and military families need the best available information so they can take advantage of their hard earned benefits,” Kandell said. “The LowVARates white paper gives veterans an unbiased analysis on the VA loan industry.”
To receive a copy of the Texas LowVARates.com white paper please visit: http://www.lowvarates.com/get-your-va-white-paper-now
For the past 20 years LowVARates.com has been dedicated to serving veteran homeowners. We specialize in providing VA loans to qualified veterans for mortgage purchases and refinances. These loans provide lower interest rates and monthly payments than other traditional loans.
The VA loan is currently the only program left that allows no-money-down loans providing a secure mortgage option guaranteed by the Federal Government. Our professional staff and loan officers will assist you to lock in low interest rates and take advantage of the unique opportunity provided through VA loans.