x
NEXTA
VA Jumbo vs. Conventional Jumbo Mortgage – Texas
By Leesa Sandoval
The VA Jumbo loan is often a better option than Conventional Jumbo for verteran borrowers in Texas. Why you ask? First of all just to be clear a Jumbo loan in Texas is a loan amount over $417,000. Under Conventional financing moving into Jumbo loan sizes means your interest rate is moving up to. That is not the the case with VA Jumbo loans! The interest rate is about the same as the conforming VA interest rate.
Read MoreWhat is a VA Mortgage Loan?
By Leesa Sandoval
A VA (Veterans Administration) guaranteed home loan is one of the only loan program available that offers 100% financing of the purchase of the property. Another great beniefit is there is no monthly mortgage insurance. Individuals that qualify for this program are active, non-active, Reserve, National Guard, and retired military of the armed forces.
Read More