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In 1983, the Legislature created the VLB Veterans Housing Assistance Program (VHAP), to aid Texas Veterans in purchasing a home. Eligible Texas Veterans and Military Members have an opportunity to purchase a home with a competitive, low-interest loan with little or no down payment.
home equity loans let you borrow against your home in a single lump sum. Also known as " second mortgages " these can be taken out alongside your primary home loan, provided you own enough equity in your home. Home equity line of credit (HELOC) Similar to a home equity loan, HELOCs also let you borrow against the equity in your house.
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REX, which sells homes for a 2 percent fee, offers brokerage, mortgage, insurance, warranty, title and escrow services in Texas. Jovio, a discount brokerage based in Austin, is raising funds to follow.
TSAHC provides mortgage loans and down payment assistance grants and second liens to eligible home buyers through the following programs: Homes for Texas Heroes Home Loan Program: for teachers, fire fighters and EMS personnel, police and correctional officers, and veterans.; Homes Sweet Texas Home Loan Program: for Texas home buyers with low and moderate incomes.
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