Texas Vet & VA loans in Moore County, Texas
For Moore 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. VLB rates are set weekly by the state and frequently land below the open market. From Dumas to the surrounding towns, we help Moore County veterans find the right loan and lock a competitive rate.
Moore County at a glance
In Moore County, the median household income is about $66,411 (2024). Veterans here often pair the weekly VLB rate with their federal VA benefit to buy at the local price point with $0 down.
Why Moore County veterans choose the Texas Vet program
- Below-market VLB interest rates, re-set the first business day of every week
- No monthly mortgage insurance (PMI), unlike most conventional loans
- Loan officers who specialize in veteran lending in Moore County and across Texas
- Up to $832,750 financed on a fixed 15, 20, 25, or 30-year term
Whether you're buying near Dumas or elsewhere in Moore County, the fastest way to see your numbers is the 60-second eligibility check — no credit pull and no obligation.
Understanding the VA funding fee
The VA funding fee (about 1.5%–3.3% of the loan) replaces monthly mortgage insurance and helps keep the program running. It can be rolled into your loan, and if you receive VA disability compensation you're exempt entirely — one of the biggest reasons disabled veterans save so much.
Full entitlement means no loan limit
If you have full VA entitlement, there's no VA-imposed cap on a $0-down purchase — you're limited only by what you can afford. Partial entitlement (from another active VA loan) caps zero-down buying power at the county limit, $832,750 in most of Texas for 2026.
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.