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Texas’s reluctance to embrace home equity loans is well-known; it was not until 1997 that Texas voted, through a ballot initiative, to amend the Texas Constitution to allow such loans. But, when.
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A VA loan in Rowlett, or anywhere for that matter, is a loan that is backed by the Department of Veteran’s Affairs and they were enacted as part of the GI Bill. These loans are offered to retired veterans, active military, honorably discharged, and widowed spouses of military members killed in action.
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If you are buying a home in Rowlett that needs minor or major upgrades, an FHA 203k Loan is one of many Texas rehab loan programs that includes funding for home renovation costs in the original loan amount, at the time of purchase.
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