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To qualify, homes must meet the following requirements: The home must be the Veteran or Military Member’s primary residence in Texas. The home must be a single family attached or detached home, townhome or condominium. Duplexes or other multi-family units must have been constructed at least five years prior to the closing date of the loan.

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Welcome to Texas State Home Loans,Inc. – About Texas Home Loans. Texas State Home Loans, Inc is locally and owned and operated right here in Texas, by Texans. The three owners have a combined 80 years of mortgage industry experience and an owner is the only person you will work with throughout the loan process.

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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.[1] But, when. Some seniors even get mortgages to buy homes for their children who couldn’t qualify for a loan.

Fact Sheet. Program Status: Open What does this program do? Also known as the Section 504 home repair program, this provides loans to very-low-income homeowners to repair, improve or modernize their homes or grants to elderly very-low-income homeowners to remove health and safety hazards.

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