Mon - Fri 10:00 am - 7:30 pm / Sat Appointment Only

VA Loan Program:

The best financing benefits and easiest access to housing for our Heroes

U.S. Department of Veterans Affairs

VA Mortgage loans can be guaranteed with no money down and there is no private mortgage insurance requirement. An exclusive benefit for active-duty military personnel, veterans and their families.

 

Our number one mortgage loan program and our highest dedication owed to America's Heroes. Our Veterans and Military Active-Duty Personnel residing in Texas receive red carpet treatment through our standard VA Loan Programs, VA JUMBO Loan Programs, and our custom VA Mortgage Loans for bad credit.

Clear Lending is in contact with the Houston Regional Loan Center from the Department of Veteran Affairs, receiving updated guidelines affecting the insurability and, thus, the approval of all VA mortgage loan programs.

Our VA mortgage loan programs allow us to secure financing, starting with 500+ credit scores, as well as assist in the search for the perfect house. However, one of the main requirements from our applicants' credit reports history is that none of the agencies, whether Experian, Transunion, or Equifax, report late payments over 30 days within the last 12 months. On a case-by-case basis, we may be able to still approve loans regardless of late payments within the previous 12 months as long as the borrower can document specific reasons other than financial mismanagement.

For those applicants with credit challenges such as unpaid collection accounts, old outstanding debts, or home loan foreclosure (or deed-in-lieu of foreclosure) in an applicant's or spouse's credit history does not in itself disqualify the loan. Please let us analyze your credit in-depth and work your options even if a central bank or financial institution has denied your loan.

At Clear Lending, we are proud of having served hundreds of VA loans and negotiated the purchase transaction details helping VA applicants close homes with very little or no closing costs. For instance, a recent close of a 3,000+ sq. Ft. and 10-acre lot property required a VA Jumbo Loan of over $453,100 (update - For 2021 limit is $548,250) and only needed $3,350 at closing. This loan scenario is one reason why Clear Lending is one of the leading VA lenders in Texas with the best interest rates specializing in VA loans for bad credit.

We help veterans obtain the Certificate of Eligibility (COE), which is the only reliable Proof of Eligibility to close the loan. Although eligible for the home loan benefit, veterans must still qualify based on income and credit before underwriting grants loan approval. The great news is the debt to income ratios can go to 60% if other conditions apply.

Furthermore, if you have student loans and their repayments are deferred for over 12+ months, you don't need to be considered in the analysis for qualification giving greater flexibility and chances for approval. Don't worry, and let us analyze your loan options.

Get today's lowest mortgage rates.

Features and Benefits: 

• NO down payment ($0.00) for loan amounts up to $548,250.
• No down payment per VA county limit.
• 10, 15, 20, 25 or 30-year fixed-rate mortgage.
• 3- or 5-year adjustable-rate mortgage.
• Seller assistance may be possible to even 4% of the sales price.
• Low minimum credit score of 500.
• Cash-out refinances available.

Get today's lowest mortgage rates.

Eligible Properties:

• 1- to 4-unit property.
• PUDs.
• Condominiums.
• Manufactured homes (refinances of currently serviced loans only).

Grab the Opportunity to Use VA Loan Programs in Houston

Whether you are considering purchasing or refinancing an existing VA mortgage loan, Clear Lending can help you. 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 loan programs in Houston.

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:

  • Alfredo Diana • June 03, 2021

    Very helpful. They made sure to have our home by Christmas! Best gift ever! Helped us all the way. Recommend!! With being denied for my first loan since my husband has DACA, their DACA program for me the keys to my house!!!

  • M Johnson • December 18, 2018

    Thanks Joan, Patricia and Samantha for all your help throughout this process. My wife and I cannot thank you enough for making our dream to own a house possible. I will recommend all my family and friends. Thanks again.

  • Delma Cruz • July 22, 2020

    Joan and Patricia guide us in the process of buying our home. They worked long hours and communicated constantly to ensure the process of our purchase went as smoothly as possible. We encounter a few hurdles along the way but with their experience, we were able to close our deal with no problems. Highly recommend to VA applicants. Follow their lead and you will be in your next home soon!!!

Get Your Very Latest Rate Quote Now!

If CELL Phone number is not valid we will not email your Quote