How Dallas veterans buy with the Texas Vet program
Dallas veterans tap the Texas Vet (VLB) program to compete in a fast-moving Metroplex market, often with a lower fixed rate than a standard VA loan.
Whether you're looking in Uptown, Lakewood, Bishop Arts, Oak Cliff, Lake Highlands or elsewhere around Dallas, the program works the same across the Dallas–Fort Worth Metroplex region. NAS Fort Worth JRB (nearby) anchors a deep military community here, so VA offers are routine — not exotic.
The Dallas veteran's advantage
- Below-market VLB interest rates, updated weekly by the state
- Reusable entitlement — the benefit travels to your next home too
- $0 down when combined with your federal VA benefit
- Local loan officers who structure VLB + VA stacking every week
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.
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.
Using your benefit on a brand-new home
Buying a completed new build from a builder works seamlessly with the Texas Vet and VA programs — same $0-down, no-PMI structure, plus a one-year builder warranty on most new homes. Building custom takes a VA construction loan or interim financing, and a VLB land loan can hold your homesite while plans come together.