VA Loan Guide — Complete Resource for Veterans
Everything you need to know about VA home loans — from eligibility and the Certificate of Eligibility (COE) to closing day. Your definitive guide to using your VA loan benefit in Texas.
Apply for a VA Loan →What Is a VA Loan?
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs, offered through private lenders such as banks, credit unions, and mortgage brokers. The VA guarantee allows lenders to offer more favorable terms — including no down payment and no PMI — to eligible veterans, service members, and surviving spouses.
VA Loan Eligibility
You may be eligible for a VA loan if you meet one of the following service requirements:
- Served 90 consecutive days of active duty during wartime
- Served 181 days of active duty during peacetime
- Served more than 6 years in the National Guard or Reserves
- Are the surviving spouse of a veteran who died in service or from a service-connected disability
VA Loan Benefits Summary
No Down Payment
100% financing available for eligible veterans with full entitlement.
No PMI
Save hundreds per month with no private mortgage insurance requirement.
Competitive Rates
VA loans historically offer lower rates than conventional mortgages.
Reusable Benefit
Use your VA loan benefit multiple times throughout your lifetime.
Flexible Credit
More lenient credit requirements than conventional loans.
No Prepayment Penalty
Pay off your VA loan early with no fees or penalties.