Veterans with Disabilities Program
The Veterans Housing Assistance
(VHAP) and Home Improvement (VHIP) Programs offer
an interest rate reduction of .50% to qualifying
veterans with disabilities.
To qualify for the Veterans with Disabilities Program Discount, eligible veterans must have a compensable disability rated at 30% or higher, as evidenced on the VA Award Letter. The VA Award letter must be dated less than 12 months from the date the Note is executed. As an alternative to the VA Award Letter, veterans may contact the Veterans Benefit Administration at 1-800-827-1000 (www.vba.va.gov) to request documentation verifying the percentage of disability. Lenders may also request documentation if written authorization from the veteran is obtained.
The veteran must also meet
all other eligibility requirements for the VHAP and
VHIP.
All Texas Veterans Land Board
loans are subject to credit approval.