Texas Vet Loan Pro

Texas Vet & VA Home Loans in Fayette 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.

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$0-down VA and Texas Vet loans across Fayette County

If you served and you're putting down roots in Fayette County, the Texas Vet loan was built for you. Eligible veterans buy with no down payment, skip monthly mortgage insurance, and — if rated 30% or more disabled — unlock an additional rate discount. Disabled veterans may also qualify for Texas property tax exemptions worth thousands a year. Our partner loan officers serve veterans from the county seat of La Grange to every community across Fayette County.

Why Fayette County veterans choose the Texas Vet program

Funding fee tiers — and who skips them

The VA funding fee runs 2.15% on a first-use purchase with less than 5% down, drops to 1.5% with 5% down and 1.25% with 10% down, and is 3.3% for subsequent use with minimal down. IRRRLs are just 0.5%. Veterans receiving VA disability compensation, Purple Heart recipients, and eligible surviving spouses pay nothing.

Already have a VA loan? The IRRRL is your fast lane

The VA's Interest Rate Reduction Refinance Loan (IRRRL) lets you drop your rate with usually no appraisal, limited paperwork, and a reduced 0.5% funding fee. You'll need 210 days and six payments on your current loan, and your costs must recoup through savings within 36 months — a built-in protection that keeps the refinance honest.

Occupancy: this is for your home

VA and Texas Vet purchase loans are for primary residences. You'll generally move in within 60 days of closing and keep the home as your primary residence — they aren't for investment properties, though you can buy a multi-unit home and live in one unit.

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Frequently Asked Questions

What's the difference between the Texas Vet loan and a VA loan?

The Texas Vet (VLB) loan is a state program with weekly, below-market rates; the VA loan is a federal benefit with $0 down and no PMI. Many Texas veterans combine both for the best of each.

Do VA loans have monthly mortgage insurance?

No. VA and Texas Vet loans have no monthly PMI, which can save you hundreds of dollars a month compared with a low-down-payment conventional loan.

Can I refinance a Texas Vet (VLB) loan?

No, the VLB home loan is for purchases only. If rates fall later, you'd refinance through your federal VA loan benefit, which does allow it.

What happens to my VA loan in a divorce?

You stay liable until the loan is refinanced, paid off, or assumed with a release. If your ex keeps the home and the loan, your entitlement stays tied to it. A Texas owelty lien written into the decree can help the spouse keeping the home refinance the buyout.

Can my spouse be a co-borrower?

Spouses can be co-borrowers on these programs, and surviving spouses of veterans who died in service or from a service-connected disability may be eligible to use the benefit themselves.

How big a tract can the VLB land loan finance?

At least one usable acre, currently up to $200,000 with as little as 5% down on a fixed term — and the 30%+ disability rate discount applies to land loans too.

Fayette County veterans — see your rate

Free, no-obligation. See what you qualify for in about a minute.