will see the bank giving “eligible borrowers” as much as $10,000 that can be used toward their down payment or closing costs when they get a Freddie Mac Home Possible mortgage. Bank of America is also.
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VA loan limits in Austin and the rest of Texas are right at the $417,000 limit and with the median home price at $197,600 VA loans can be used for the bulk of the homes in Austin. Austin is an hour and a half drive away from the Central Texas Veterans Health Care System located just north in Waco, Texas and an easy trip to the VA regional.
Compounding the problem, the state ranks in the bottom five for students filling out the form that unlocks financial aid and.