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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 $453,100. 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 $650,000 in a county where the maximum limit is $453,100 the minimum required down payment would be $49,225 as calculated below:

Purchase Price - $650,000 minus county limit $453,100 = $196,900
25% of $196,900 = $49,225, or just 7.57% of the purchase price

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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 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:

  • Gerardo & Brenda Olivares • May 07, 2014

    Joan,

    Thank you SO much for all of your help! You were very patient with us and made sure we understood every step of the way. We never thought we would be able to find our perfect home this soon! We are still in shock how fast you’ve worked and how you were looking out for OUR best interests and not the other way around.

    Thank you for caring in what you do, it really makes a difference when you’re working with someone that really cares and enjoys what they do. Thanks again! We will definitely make sure to send anyone looking into a home your way!

    Gerardo & Brenda Olivares

  • Sharaine & Michael • July 26, 2017

    I don't even know where to start with just how much Joan has helped us going above and beyond of his service. I was impressed with how he handled eveything from beginning til we closed, and made sure he contacted us about every detail necessary. I could reach him even late nights and weekends where he could be spending time with family but instead, he was available to assist us. I highly recommend Joan to anyone and I promise you, you won't regret it.

  • Beatriz Gonzalez • September 08, 2015

    Buenísimo Loan Officer!!!!!!! SUPER RECOMENDADO, gracias por hacer lo imposible posible; gracias por todo tu tiempo, apoyo y consejos. Excelente persona siempre tratando de ayudar y hacer más fácil el proceso. Siempre al pendiente y tratando de encontrar la mejor opción. La verdad nunca pensé que nos prestaran el dinero para comprar la casa y Joan lo consiguió!!!!!! Gracias por todas tus atenciones. Saludos Beatriz Gonzalez.


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