At Security America Mortgage, we’re proud to serve those who have served our country along with our Texas friends and family. Our founder and CEO Garrett Puckett is a 5th generation Texan and proud of it. Helping our fellow Texans, Veterans and their families access affordable home loans in Texas is our goal. We know Texas is diverse. When you move to Texas we make you feel like your home. Whether you’ve been in Texas your whole live or you just moved here; we have a home loan for you. Our home loan types range from VA construction loans to FHA construction loans, Conventional Home construction loans, FHA,VA, Conventional purchase, ITIN home loans and more!
If you have immigrated to Texas then you should consider an ITIN home loan. If your a Veteran who owns land in Texas then why not consider a va construction loan. VA construction loans can vary but the one time close va construction loan is a great product because it helps you avoid two sets of closings costs and monthly payments during va construction. A va construction loan with Security America Mortgage is a one time close construction loan. VA construction loans don’t require any money down and if you have land equity it can benefit you tremendously. If you don’t own land already then you can still get a va construction loan that covers both construction and land however it is one of the more difficult va construction loans. It’s more difficult especially if you are trying to buy land and close on a va construction loan but don’t have a VA builder. Do you need help getting your VA builder id number? It’s a simple process and your loan officer can help. Do you know the difference in a construction loan and a va construction loan? A normal construction loan usually has 2 closings and often it has payments during construction.
Did you know that you can get a VA renovation loan to buy a house that needs repairs in Texas? Yes, you can and it’s a great way to get the house you want all fixed up! Often times Veterans couldn’t buy the home they wanted because it needed too many repairs! Now, it’s possible! Although VA loans offer some benefits over other loan products, it’s not always the case. VA loans might be less desirable if borrowers have 20 percent down.
If you are ready to start the home loan process then we are too! Simply fill out the quick one-minute form below to get started! We’ll provide a free no-obligation consultation to help you estimate how much you may be able to borrow.
Everyone who meets the following could be eligible for a VA-Backed Loan:
Not necessarily – Loans through the VA are a specific niche in the market, and not every mortgage company provides them. Even if a general mortgage company does provide them, you may be better off choosing a specialist like Security America Mortgage – we have the specific expertise and experience as VA lenders in Texas to guide you through the process and make the most of your loan entitlement.
If you’ve already used a VA home loan, paid it off in full, and wish to buy a second property without selling the original one, you can have your previously used VA loan entitlement restored – but only once. However, if you’ve paid off your previous VA loan in full and sold the property you used it to buy, you’re free to restore your entitlement as many times as you want.
Whether you’re a veteran or active military member looking to build a custom home, a VA Construction Loan could be the perfect solution for you! Because of your military background, you have access to VA home construction loans that offer nothing down and additional perks and benefits.
Usually, it’s more difficult to get a construction loan than an existing home loan, as lenders are more cautious funding a home that doesn’t exist yet.
However, here at Security America Mortgage we are VA Construction Loan lenders as well as experts, and we will be more than happy to help you get your own custom dream home whether you want to build it in Dallas, Austin or any other county in Texas.
VA land loans are not a loan on its own, although you can enroll the cost of land purchase into a VA Construction Loan, simultaneously to the costs of building your house.
Loan credit requirements for VA Home Loans are set by the lender, meaning they can differ from mortgage company to mortgage company. Most lenders require a minimum credit score of 640; nonetheless, some lenders accept credit scores as low as 600.
All members of our team here at Security America Mortgage are experts when it comes to helping veterans obtain VA Home Loans. If you’re ready to get started complete the simple form above and one of our mortgage specialists will contact you shortly. We look forward to working with you!
$726,200 if you don’t have full entitlement covering all Texas counties. $1,089,300 in high-cost areas. There is no VA loan limit for Veterans with full entitlement. However, all lenders have their own requirements and your debt to income ratio will tell us how much you can afford. VA construction loans for $726,200 is a very good size loan amount and should meet most Veteran needs. Let us help make the va construction process easy!