Huge news for Veterans now living in Texas!
The VA Team at United Lending would like to announce that effective today, December 21, 2010, the Texas Veterans Land Board has dropped the one-year residency requirement for their programs! Therefore, Home of Record is no longer considered. Per the press release today, you are considered a “Texas Veteran” if you are a veteran living in Texas at the time of application, it’s that simple. (The one exception is active duty members currently serving in Texas who will still need to change their legal residency to Texas before applying, but they can do that their first day in Texas.) Thank you Commissioner Jerry Patterson for making this huge improvement to your veteran programs! If you are wondering what programs are available to Texas Veterans, please visit their website at www.texasveterans.com The most commonly used program is the Texas Veterans Housing Assistance Program. The sole purpose is to give Texas Veterans a below market interest rate. For Texas veterans with a 30% or greater disability rating, that rate could be significantly below the market rate. Dropping the residency requirement makes this program available to many more veterans who are in Texas now, but have not been here for the last 12 months. Spread the word and let them know United Lending is a proud participating lender in the Texas Veteran Housing Assistance Program!
Chad Bowman
VA Loan Specialist
U.S.M.C. Veteran
512-646-0800
chad@thevateam.com
www.theVAteam.com
December 21, 2010 by United Lending · Leave a Comment
Our team of mortgage experts have been in and around the real estate community for more than 20 years. We share the same values, mission, and high level on integrity when serving our clients and their Realtors.
