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· Texas Section 50 (a) (6) loan security Property. (A manufactured home is eligible only if it is classified as real property under Texas law, and satisfies all special Fannie mae eligibility criteria for manufactured homes.) The borrower’s homestead property may not exceed the applicable acreage limit as determined by Texas law when the Texas Section 50 (a) (6) loan is originated.
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Austin, Texas 78746. The above service is provided for Cornerstone Home Lending, Inc. customers and is not meant for solicitations, servicing related inquiries.
Under Texas law, the combined loan-to-value (CLTV) cannot exceed 80% of your home’s value. Payment Example: A home equity loan of $50,000 for 15 years at a simple interest rate of 4.25% would equal a payment of $377 per month with an APR of 4.31%.
· Texas VA Home Loans and Texas Vet Loans: Interview with Shirley Mueller. Posted on: March 31, 2014. MilitaryVALoan.com interviewed Shirley Mueller (NMLS #336103), Branch Manager and Sr. Loan Officer at PrimeLending (NMLS ID 13649). Shirley talks about VA home loans in Texas, The Texas vet loan program, and her advice about finding a VA lender.