Government Home Loans

Government home loans to get you into your first home

Government loans for housing are the biggest piece of the government loan pie. Because of this, these loans are highly sought after and must be transacted through government approved lenders. But if you can secure one, you’ll be in great shape to become a homeowner at a lower rate than you’d find in the private market. Below are some government loans we are licensed to provide.

USDA Loans

The United States Department of Agriculture (USDA) offers financial assistance mortgages to rural families interested in purchasing or refinancing qualified homes. There are many criteria and circumstances you find that might make a USDA loan right for you. Learn more about USDA loans.

VA Loans

A Veterans Administration (VA) Loan is a long-term financing loan for qualified American veterans or their surviving spouses. VA loans can be hugely beneficial, as they require no down payment, and no private mortgage insurance. Both of these benefits can keep cash in your pocket and lowers your long-term cost of home maintenance. Many lenders are hesitant to process and secure you a VA loan. We here at TexasLending.com are proud of all of our service men and women, and it’s our honor to help you secure the best loan possible. Learn more about VA loans.

FHA Loans

The FHA loan is backed by the Federal Housing Administration. FHA loans have relaxed qualifying standards and offer reasonable terms to people with lower credit scores, and even bankruptcy, because they are insured by the government. If you’re on the road to rebuilding your credit, an FHA loan may be the right choice for you. Learn more about FHA loans.

 

Current Rates

VA Purchase
30 Year Fixed

As of: August 16, 2018

4.500%
RATE
4.667%
APR

Rate/Term Refinance
30 Year Fixed

As of: August 16, 2018

4.375%
RATE
4.435%
APR

Rate/Term Refinance
15 Year Fixed

As of: August 16, 2018

3.750%
RATE
3.889%
APR

Cash Out Refinance
30 Year Fixed

As of: August 16, 2018

4.875%
RATE
4.964%
APR

FHA Purchase
30 Year Fixed

As of: August 16, 2018

4.375%
RATE
5.134%
APR