Texas VA Loans

Though you may think of Texas VA loans strictly in the sense of purchasing homes, they can be used for much more. Besides buying a home, a Texas VA loan can be used to build a new home or improve an existing property. However, improvements must be approved by the lending company and the Department of Veterans Affairs.

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Texas VA loans can also be used to purchase and improve properties simultaneously. You are not limited to traditional dwellings when it comes to Texas VA loans. If you're interested in buying a manufactured home or a lot, you may be able to do so with a VA loan. Likewise, you can buy town homes and condominiums.

Purchase or Refinance with Texas VA Loans

You may also use a VA loan to refinance your existing mortgage. This means you can refinance your Texas home for up to 90 percent of its VA-established value. You can even refinance an existing VA loan, achieving a lower interest rate.

At Southern Lending Corporation, we will be happy to discuss your loan options with you. Whether you are sure you are eligible for a VA home loan or are just beginning to examine your options, our mortgage consultants are ready to give you the guidance you need to make the right choice. When you contact us, you will never be pressured into applying for a loan or making any type of decision. Instead, we will answer your questions and help guide you toward your most advantageous options. Call us now at 1-866-614-2700 ext. 100 or e-mail us at info@southernlendingcorp.com.