About Conroe's April Sound

Both Existing and First Time Home Buyers who are Vets Get a Tax Credit When Buying a Home that others do not in Texas!

Texas Vets have many breaks when buying a home in Texas from the Texas Vet Mortgage Tax credit program, Texas Vet Land board and for some Vets the $8,000 Federal Tax credit is still in effect for contracts signed by April 30, 2011 and closed by June 30, 2011 who are eligible for the credit.

Another home buyer tax credit called the Texas Vet Mortgage Tax Credit gives those who have served an opportunity to reduce their Federal Income Taxes by up to $2,000 a year. As a military vet in Texas you helped protect the American Dream for all of us. Now you have the opportunity to live it. Unlike other Home Buyer Tax credit programs you do NOT need to be a first time home buyer! To Qualify for this credit Here are the details but if you would like to start the qualification process you may fill out our online application here or just call our office at (832) 303-5693 and a Texas Vet Loan specialist would be happy to assist you.

Requirements for Qualifying for the Texas Vet Home Tax Credit

• Texas Vet’s that served in active duty, were honorably discharged as evidenced by Form DD-214 and who have not previously had a mortgage financed through any mortgage revenue bond program with the state of Texas.
• You must still meet the applicable acquisition, income and purchase price limit requirements. Call our office @ (832) 303-5693 for details in your area.

How big is the Tax Credit Texas Vets can receive?

The size of the annual Texas Vet tax credit will be 30% of the annual interest paid on the mortgage loan. However, the maximum amount of the Texas Vet home buying tax credit shall not exceed $2,000 per year. The credit cannot be larger than the annual federal income tax liability, after all other credits and deductions have been taken into account. Texas Vet home buying tax credits in excess of the current year tax liability may, however, be carried forward for use in the subsequent three years.

How do you Qualify?

• Not all vets qualify for this vet tax credit. If you would like to start the qualification process you may fill out our online application here or just call our office at (832) 303-5693 and a Texas Vet Loan specialist would be happy to assist you.
• For more details on the program and qualifications see the original post here.

-Henry J Daniels, Your Texas Vet Loan Expert and Sr. Mortgage Banker & CMPSI Certified Mortgage Coach for Premier Nationwide Lending

For a complete list of programs terms, rates or to start the qualification process you may fill out our online application here or just call our office at (832) 303-5693 and a Texas Vet Loan specialist will be happy to assist you.

Originally posted here.

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Howdy,

The Texas Veterans Land board offers Texas Veterans the opportunity for some of the lowest mortgage rates available today. Contrary to the name these mortgage loans can be used to purchase regular everyday family homes in metro areas. In addition, fees are strictly controlled and limited to protect the Veteran. To see if you or your clients qualify for this program contact our office and we'll get you pre-approved for the program.

Texas Veterans Land Board rates for Housing Assistance and Home Improvement Programs Base Rate for Housing/Home Improvement Loans: 4.98%. The maximum Loan amount is $325,000.

Special Interest Rate Discount - For Texas Veterans Land Board Housing and Home Improvement Loans Only (The following discount to the rate may apply if qualifying criteria are met.) Qualified Texas Veterans with Disabilities Program Discount: -0.50% (The Veterans with Disabilities Discount applies to veterans with a compensable disability rated at thirty percent or greater by the United States Department of Veterans Affairs.)

NOTES:

• For loan payment estimates, please call our office.
• The VLB Base Rate is subject to adjustment on the each week.
• If more than one rate lock is obtained in a twelve-month period, the highest locked rate will prevail.
• Housing loans are available with 15, 20, 25 or 30-year Mortgage terms.
• The Veteran Must Qualify for a VA Mortgage, FHA or Conventional Loan
• May Not Be combined with a USDA RD Mortgage

For a complete list of programs terms and rates contact our office directly at (832) 519-0695 or email me at here.

Over the weekend, our very own Director of Technology, Jacob Hebert, made his first ever Hole in One! He is a fairly avid golfer and claims to have had several near misses, but has never gotten one to stay in the hole. However, this weekend during an 18-hole skins game at April Sound Country Club in Montgomery, TX, he finally pulled it off! The stats are as follows:

• Course: April Sound Country Club
• Hole: 13
• Par: 3
• Yardage: 191 yards
• Club: 7 iron
• Date: 11/15/08
• Witnesses: Jennifer Moriarty, Richard Schanberger, Paul Allison

Jacob was very excited about his hole in one, his only regret was not seeing it go in from the tee box, so he says he'll make sure to pay closer attention next time! So please join us in congratulating Jacob on his first Hole in One! (Click Image to Enlarge)