The Texas Veterans Land Board has approved an increase to the maximum amount veterans can borrow through its home loan program, raising the cap by $26,250 to $832,750, state officials announced.
Texas Land Commissioner Dawn Buckingham, who chairs the Veterans Land Board, said, “I am thrilled to continually expand opportunities for Texas veterans who desire to own a home in the great state of Texas.”
The adjustment raises the previous loan limit of $806,500 and applies to qualifying veterans and military members using the Veterans Housing Assistance Program, or VHAP, through participating lenders. Eligible borrowers may use Veterans Affairs-backed loans, Federal Housing Administration loans or conventional financing…