VA Jumbo Loans in Texas

 

The Veterans Administration Loan Program enables veterans and active-duty personnel to purchase or refinance VA Jumbo Loans in Texas. Jumbo Loan size limits are over the conforming loan limit of $510,400. VA borrowers who would like to purchase thru VA Jumbo loans in Texas may be able to do so for up to $2,000,000 @ 100% financing available only up to the VA county loan limit. However, a 25% down payment is required on the difference from the purchase price to the VA loan limit for your county. For example, if the purchase price is $680,000 in a county where the maximum limit is $510,400 the minimum required down payment would be $42,400 as calculated below:

Purchase Price - $680,000 minus county limit $510,400 = $169,600
25% of $169,600 = $42,400, or just 6.23% of the purchase price

Refinancing existing VA Jumbo loans in Texas into a fixed-rate loan, a lower interest rate or shorter loan term without taking additional equity out of the property is also possible thru the VA Interest Rate Reduction Refinance Loan (IRRRL).

Non-veterans are not eligible borrowers for VA Jumbo Loans in Texas except as the spouse of an eligible veteran.

Grab the Opportunity to Use VA benefits to get VA Jumbo Loans in Texas.

Whether you are considering purchasing or refinancing an existing VA Jumbo Loan, Clear Lending can help you. Simply complete our secure and encrypted Pre-Approval Form online and we will contact you right away to review the best options for you regarding VA Jumbo loan terms.

Not all applicants will qualify. This advertisement is not an offer for an extension of credit. Please meet with a licensed loan originator for more information as programs are available only to qualified borrowers. Programs rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to underwriting guidelines and program guidelines and are subject to change without notice. Some restrictions may apply.


Customers Reviews:

  • Cody Sherrill • December 12, 2016

    Thanks Joan for you amazing work with our home loan. I still can’t believe I purchased a house for $174,000 and went to closing with $769 besides my $1000 earnest money deposit. I submitted an application online on 10/5/2016 after I read online about VA Programs Clear Lending offered. Next day Joan Gallardo called me and after his applications dept. completed an Pre-Approval, he told me from the start not to worry that he would be able to take care of me. And boy he did! He even negotiated on behalf of my agent with listing agent getting me a large seller contribution. This guy is very knowledgeable and I truly recommend him. Joan my wife and I cannot thank you enough all hard work you have done and no need to say I will refer you my friends. Actually I already sent you my boss. Take good care of Jorge! Thanks Joan.

  • Sohail Ahmed • October 03, 2016

    Thanks Joan for helping me refinance my house at such an excellent interest rate. For anyone reading this I want to let you know Joan has worked very hard even calling me 10:00 pm to push me get him documents needed for a final approval. I am very happy you Joan worked my loan and actually we will talk soon for my new coming home. Thanks again Joan.  

  • Hena Love • June 09, 2021

    I highly recommend Joan. I reached out to Clear Lending because I was not receiving information and good customer service from the first mortgage company I reached out to. Joan was extremely professional,informative and patient. He spoke to me for over 45 minutes and answered so many questions that I had as a first-time home buyer. I was looking for the Michael Jordan of mortgage brokers and Joan at Clear Lending is exactly that! He definitely cares and works very hard To help his clients in any way that he can.

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