What credit score do I need for va loans in Houston, TX?
For va loans in Houston, Harris County, most lenders typically require a minimum credit score of 620 for conventional loans, 580 for FHA loans, and no minimum for VA loans. However, better rates are available with scores above 740. Our loan officers in Houston can help you find the best options for your credit profile.
How long does it take to close on va loans in Houston?
In Houston, TX, the average closing time for va loans is typically 25-35 days, depending on the loan type and property. We work with local lenders familiar with Harris County to expedite the process and help you close faster.
What's the average down payment for va loans in Houston?
With median home prices around $285,000 in Houston, a typical 20% down payment would be approximately $57,000. However, many va loans options require as little as 3% down ($8,550), and VA/USDA loans may require 0% down.
What are current va loans rates in Houston, TX?
Current va loans rates in Houston are averaging around 6.85% APR, though your actual rate depends on credit score, down payment, and loan type. We work with multiple lenders in Harris County to secure you the most competitive rates available.
Are there first-time home buyer programs in Houston, TX?
Yes! Houston and TX offer several programs for first-time buyers, including down payment assistance, lower interest rates, and tax credits. As a Houston resident, you may qualify for state and county-specific programs. Contact us to learn which programs you're eligible for.
What are property taxes like in Harris County, TX?
Property tax rates in Harris County vary by municipality, but we can help you estimate your monthly PITI payment (Principal, Interest, Taxes, Insurance) for any Houston property. Your va loans payment will include these taxes in escrow for convenience.
Is now a good time to buy in Houston, TX?
The Houston market is currently growing. Current market conditions may present opportunities for buyers in Houston. Our local experts can help you navigate the Houston real estate market.
What documents do I need for va loans in Houston?
For va loans in Houston, you'll typically need: pay stubs (last 30 days), W-2s (last 2 years), bank statements (last 2 months), tax returns (if self-employed), and ID. Harris County county may have specific requirements - we'll guide you through the entire documentation process.