. the eighth series of amendments to the Texas constitutional provisions permitting loans secured by homestead equity. The 2017 amendments (authorized by Senate Joint Resolution 60) become effective.
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VA Home Loans are available in 15- and 30-year terms. The most popular term for a VA Home Loan is 30-years because it lowers the payments substantially. Why Get a VA Loan in Texas The VA Mortgage program is made available to qualified and eligible Texas Veterans through private lenders such as banks, mortgage brokers, and direct lenders.
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To qualify, homes must meet the following requirements: The home must be the Veteran or Military Member’s primary residence in Texas. The home must be a single family attached or detached home, townhome or condominium. Duplexes or other multi-family units must have been constructed at least five years prior to the closing date of the loan.
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