Texas Military Benefit from VA Home Loans Finding Lower Rates with Security America Mortgage VA Mortgage Experts

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Texas Military Benefit from VA Home Loans Finding Lower Rates with Security America Mortgage VA Mortgage Experts

The lucky day for Veterans has arrived, especially for those who choose to finance a mortgage in Texas, especially when these high-end VA loan amounts are already guaranteed and insured by the Department of Veteran Affairs. Security America Mortgage, Inc. now make the difference for Veterans and Military personnel purchasing homes in Texas by providing low rates on VA Home Loans and finance options up to $1,000,000.

So what is the big hesitation to buying a home if all the arrows point to "DO IT"? The truth is, the economy may still frighten potential homeowners away from trying to purchase a home, but Real Estate Market experts like Ryan Ward, a Real Estate Broker from Security American Realty, Inc. in Texas, says that "now is actually the best time to purchase a home due to the lower mortgage payments being offered. There is a rumor that trends that buying now is a sure way to expect profit in the long run, as the economy will only get better going forward. It is only those members who take the first step of financing their VA home loan entitlement who will get to see the advantages of purchasing Real Estate now played out in the long run. Seeing if you qualify can be obtained with ease, but taking the first step is one of the reasons many people miss their opportunity. Luckily, for Veterans who are eligible, fear is not an option - it's a challenge worth taking.

Since taking the first step of the VA Home Loan Process is the main reason so many Veterans halt in the beginning of finding a home, Security America Mortgage's VA home loan experts mapped out the initial steps toward receiving the VA benefits Veterans so rightly deserve, along with a simplified plan to make it happen fast. The main reason VA home loans are so great to obtain in sunny Texas is because the VA Loan Limits have a maximum amount that allows lenders to finance with VA backed money that is much higher than regular VA home loan limitations of the Home Loans. In Texas, the VA Loan Limit can be anywhere from $417,000 all the way up to $1,000,000 in some counties located in Texas.

There are only seven (7) steps in the VA Loan Process in Texas. This is another huge reason why veteran home buyers turn to the VA Home Loan Process and why it is so popular compared to financing a home using an FHA Home Loan.

-Step 1. Home Buyer Locates the Real Estate Property of their Dreams.

-Step 2. Home Buyer Applies with a Lender's Application Form, Beginning the VA Home Loan Process.

-Step 3. Home Buyer Requests the Required VA Forms to the VA Loan Experts for Review:
-DD214 VA Request Form
(Discharge/Separation Papers Showing the Last Period of Service).

-Certificate of Eligibility Request Form (COE)
(Document Showing Entitlement Info according to the VA).

-Step 4. Property is Inspected and Appraised by an Approved VA Inspector/Appraiser.

-Step 5. Calculations of VA Home Loan & Estimates of the Property's Reasonable Appraised Value is Determined by the Lender - VA Home Loan Forms and Application are sent to the VA for review.

-Step 6. VA Reviews the Application Forms Submitted by the Home Buyer and VA Home Loan Expert.

-Step 7. The Home Value Amount vs. Calculations of Home Buyer's Eligibility is Assessed and Determined by the VA. If Application is approved, the Home Buyer gets the VA Home Loan!

Also to keep in mind - since the interest rates can change on a daily basis (and sometimes even a couple times during the one day), it’s important to shop wise and close fast when you are ready to purchase a home with a VA Jumbo Loan. The interest rates are also based on 30 year mortgages as well as other industry calculated standards. Factors such as your credit, down payment, employment income status, the loan program you decide to choose, and many other things can also affect your interest rate, causing the cost of the monthly payment to fluctuate.

Buy a Home with a VA Home Loan in Texas by filling out the VA Eligibility Request Form or by contacting VA Home Loan Expert for Help Today!

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Garrett Puckett

Jason Noble - Loan Originator
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