At SWBC Mortgage, we are dedicated to providing loan options to our heroes. We proudly offer the Texas Vet mortgage loan which grants eligible veterans* highly competitive interest rates—often lowering monthly payments and potentially saving thousands in interest over the life of the loan.
Loan Program Highlights:
- Up to $510,400 loan amount
- 30-year term
- Can be used in conjunction with an FHA or VA loan
- Qualified veterans with a 30% service-connected disability are eligible for an interest rate discount of 0.5%
- Activated National Guard or Reservists with an existing VHAP loan may be eligible to receive 0% interest from the Texas Veterans Land Board during their time on duty plus three months immediately following
*This program is available to active duty military or veterans residing and purchasing a home in Texas whose service began after September 16, 1940. In addition, the Texas Vet loan program is available to surviving un-remarried spouses of eligible Texas veterans who are missing in action (MIA), were killed in action (KIA), or died as a result of service-related issues. Dishonorable discharged vets are not eligible for VHAP financing.