Texas Vet & VA Loans in Lipscomb County, TX

Texas Vet & VA Home Loans in Lipscomb 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 Lipscomb County, Texas

Homeownership in Lipscomb County is closer than many veterans realize. The Texas Vet and VA loan programs remove the two biggest hurdles — the down payment and mortgage insurance — for those who qualify. Eligible veterans buy with no down payment and pay no monthly mortgage insurance. From Lipscomb to the surrounding towns, we help Lipscomb County veterans find the right loan and lock a competitive rate.

Lipscomb County at a glance

In Lipscomb County, the median household income is about $79,554 (2024). Eligible veterans can finance a home at that price with no money down and no monthly PMI — a real edge against local prices.

Why Lipscomb County veterans choose the Texas Vet program

Loan officers who specialize in veteran lending in Lipscomb County and across Texas
The VA funding fee waived entirely for qualifying disabled veterans
Up to $832,750 financed on a fixed 15, 20, 25, or 30-year term
Use it to buy a home — the VLB also offers Texas land and home-improvement loans

Lipscomb and the rest of Lipscomb 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.

Why VLB rates are set weekly

The Texas Veterans Land Board adjusts its rate on the first business day of each week, and because it's a state-backed program the rate is frequently below the open market. It's worth checking the current week's rate before you lock.

Manufactured and modular homes qualify

A VA loan can finance a manufactured home built to HUD code on a permanent foundation and titled as real property — in Texas, via a Statement of Ownership filed with the TDHCA. Modular homes are even simpler: the VA treats them like site-built houses on standard terms.

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.

Browse all 254 Texas counties →

Frequently Asked Questions

Can I build a new home with my VA benefit?

Yes. VA one-time-close construction loans fund the land, build, and permanent mortgage in a single closing, often with $0 down. A licensed builder and fixed-price contract are required; fewer lenders offer the product, so shop carefully.

Can a VA loan finance a manufactured home?

Yes, if the home was built to HUD code (June 15, 1976 or later), sits on a permanent foundation, and is titled as real property — in Texas that means a Statement of Ownership filed with the TDHCA.

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 is BAH counted toward qualifying?

Basic Allowance for Housing (BAH) can often be counted as effective income toward qualifying, which can meaningfully increase the home price you're approved for.

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.