The tax allowance is scheduled to end in April, so first time home purchasers should think about exploiting this motivation now. Getting lower rates by refinancing Current householders can refinance their existing VA mortgages so as to receive lower IRs on their home loans. With a reduced interest rate, a property owner can lower their monthly home loan payment and save a great amount of money eventually. There isn't any mortgage insurance on a Texas Vet VA house loan, ( or any VA loan for what it's worth ) you'll benefit by getting the Texas Vet rate which is set for thirty years and there aren't any pre-payment penalties at all. Click this link If you want articles about home loans for blacklisted people. If you go that route, you are playing lending roulette.
Consider it this way, all the time you are stationed in Texas, you might have a house and the sole owner you have is yourself. If you have never been to Texas, we welcome you and please enjoy our Texas down-home hospitality.