Improved VA Loan Rules

30 Year Fixed   (30%   VA disabled or more)   2.54%   2.89%   APR 
Note:   Cannot use for refinance.

Max   Home Limit   now   $417,000

30 Year Fixed   (non   disabled)   3.04%   3.22% APR    
Note:   Cannot use for refinance.

VA – Home Loans – Cash Out Refinance and Regular Refinance


Great Loan Terms

Market Interest Rate, VA funding fee and no pre-payment penalties. Maximum loan term cannot exceed 30 years. No maximum loan amount. VA’s guaranty is limited.

Application Process

Contact your lender to discuss qualifying for the VA loan. Your lender will help you find out the basic requirements, including the following:

The loan must be for your primary residence.

The home has to appraise for the loan amount or higher.

You need enough income to meet your monthly mortgage payments, maintain the home, take care of your other debts, and have enough money left over to cover daily expenses.

You have to have a good credit history to qualify.

A VA lender is the best way to find out if and how to qualify for a loan and get the pre-qualification process started. You can always get up to date info from the VA Home Loan website.

If you have any interested in getting an ARM (Adjustable Rate Mortgage) loan, please note that that the loans are being offered as a traditional 1 year ARM and also as hybrids with 3, 5, 7 and 10 year fixed rates. Consult with your VA lender to be sure they are still offered.

Program Contact Information

Please call or email me for more info. I have a great VA lender that can answer all your questions.


VA – Burial Benefits – Partial Reimbursement of Expenses

General Program Requirements

The veteran must have been discharged under conditions other than dishonorable.

VA can pay a reimbursement only if the expenses for the funeral/burial have not been reimbursed by another government agency or some other source.

Generally, at least one of following additional eligibility criteria must also be met. Reimbursement is possible if the veteran:

  • Died because of a service-related disability, OR
  • Was receiving VA pension or compensation at the time of death, OR
  • Was entitled to receive VA compensation, but decided not to reduce his/her military retired pay, OR
  • Died in a VA hospital or while in a nursing home under VA contract, or while in an approved state nursing home, OR
  • Had a claim pending at the time of death and has been found entitled to compensation or pension from a date prior to the date of death, OR
  • Died while traveling, under proper authorization and at VA expense, to or from a specified place for the purpose of examination, treatment, or care.

National Guard and Reserve members who were activated for federal military service and later separated are considered to be veterans. Commissioned Officers of the Public Health Service and National Oceanic and Atmospheric Administration are considered to be active duty members and veterans, once discharged.

Your Next Steps

The following information will lead you to the next steps to apply for this benefit.

Application Process

To apply for this program, call 1-800-827-1000 and request that form Application for Burial Benefits (VA Form 21-530) be mailed to you. Once you’ve received the form, fill it out and send it back to VA as directed on the form.

Program Contact Information

Additional information on this program may be obtained from the U.S. Department of Veterans Affairs, at: VA Burials Docs  If you have questions about this benefit or would like to speak with a benefit specialist, you can call VA at this toll-free number: 1-800-827-1000 People who are hearing impaired may call this toll-free TTY number:1-800-829-4833.


Benefits of the VA Home Loan Program

The Benefits of VA Loans

The U.S. Department of Veteran Affairs insures the VA loan. That means lower initial and monthly rates for buyers. On interest rates alone, veterans could save an additional $50 to $75 per month.

On top of that, there is a NO down payment option. Coming up with the starting funds for a home is usually the hardest part of the experience, and conventional programs can sometimes request up to 25% down payment. With the VA loan, taking such a large payment out of the equation can relieve some of the weight off a potential homebuyer


This site is intended for clients that are not currently registered with a Broker. If you have a current Buyers Representation Agreement signed with another Texas real estate Broker, please contact your Agent or Broker. Texas Real Estate Commission Consumer Protection Notice