Texas Vet & VA Loans in Castro County, TX

Texas Vet & VA Home Loans in Castro County, TX

Discounted fixed rates for Texas veterans through the Veterans Land Board. Extra rate reductions for veterans with a 30%+ disability rating. See what you qualify for in 60 seconds.

$0 Down PaymentVA and Texas Vet loans require no down payment for eligible veterans.

Discounted RatesTexas Vet (VLB) rates are set weekly and often beat standard VA rates.

Disabled-Veteran Discount30%+ service-connected disability unlocks an additional rate reduction and a waived funding fee.

Up to $832,750Buy a primary residence on a fixed 15/20/25/30-year term.

Licensed Texas loan specialists NMLS ID available on request Equal Housing Opportunity

Texas Vet & VA loans in Castro County, Texas

For Castro County veterans, the road to homeownership runs through two programs worth knowing well: the Texas Veterans Land Board and the federal VA loan. Combine them and you get a state-discounted rate with no down payment required. Military income like BAH can often be counted to increase what you qualify for. Our partner loan officers serve veterans from the county seat of Dimmitt to every community across Castro County.

Castro County at a glance

In Castro County, the median household income is about $66,616 (2024). For a veteran buying here, a $0-down Texas Vet or VA loan means that price needs no down payment, and the below-market VLB rate keeps the monthly payment within reach.

Why Castro County veterans choose the Texas Vet program

No monthly mortgage insurance (PMI), unlike most conventional loans
A reusable benefit that travels with you to your next Texas home
Below-market VLB interest rates, re-set the first business day of every week
$0 down when the Texas Vet rate is paired with your federal VA loan benefit

Dimmitt and the rest of Castro County fall under the same statewide VLB program — the rate is set by the state, not marked up by a local lender, so where you buy in Texas doesn't change the headline rate.

Benefits for spouses and surviving spouses

Spouses can co-borrow, and unremarried surviving spouses of veterans who died in service or from a service-connected disability may be able to use the VA home loan benefit themselves — including the funding-fee exemption.

VLB land loans for Texas veterans

Beyond home loans, the Texas Veterans Land Board offers a land loan that lets eligible veterans buy acreage in Texas — often with as little as 5% down — even when traditional banks won't finance raw land. It's a benefit unique to Texas.

Build new with a one-time close

VA one-time-close construction loans fund land, construction, and the permanent mortgage in a single closing — often $0 down with full entitlement. You'll need a licensed builder (you can't be your own GC) and a fixed-price contract. If no construction lender fits, build with interim financing and refinance into a VA loan at completion.

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Frequently Asked Questions

Are VA loans assumable?

Yes — a buyer can assume your VA loan and its rate with servicer approval. If the buyer isn't an eligible veteran substituting entitlement, your entitlement stays tied up until the loan is paid off, so weigh that before agreeing.

Can I buy a barndominium with a VA loan in Texas?

Often yes — the home must meet VA property requirements and the appraiser needs comparable sales, which rural Texas has more of than most places. It's a lender-by-lender call worth confirming early.

Do disabled veterans get a Texas property tax exemption?

Yes. Texas offers property tax exemptions that scale with your VA disability rating, and veterans rated 100% disabled may qualify for a total homestead property tax exemption. This is separate from the loan but a major ongoing savings.

How much is the VA funding fee?

The VA funding fee generally ranges from about 1.5% to 3.3% of the loan amount and can be financed into the loan. Veterans receiving VA disability compensation, Purple Heart recipients, and eligible surviving spouses are exempt.

Is there a minimum credit score for a VA loan?

The VA itself doesn't set a hard minimum, though many lenders look for around 620. Strong residual income and a clean recent history matter as much as the score.

When do I have to move into the home?

VA and Texas Vet purchase loans require owner-occupancy. You'll generally need to occupy the home within about 60 days of closing and keep it as your primary residence.