About Laredo, Texas

Laredo, Texas, is a vibrant border city along the Rio Grande, blending rich cultural heritage with modern economic growth. As the largest inland port in the U.S., Laredo thrives on international trade, offering unique opportunities for homeowners and investors. Families are drawn to historic landmarks like San Agustín Plaza and outdoor gems like Lake Casa Blanca International State Park. With a population of over 260,000 and a booming job market fueled by logistics and healthcare, Laredo is one of Texas’ fastest-growing cities. Herring Bank proudly supports Laredo residents with tailored mortgage solutions for this dynamic real estate landscape.

Average Home Prices in Laredo

As of 2024, Laredo’s median home price is $211,916, while luxury properties in Del Mar and Regency Heights exceed $400,000. Herring Bank helps buyers navigate this competitive market with flexible FHA, VA, and conventional loan options, ensuring you secure the best rates for Laredo’s evolving housing trends.

Veteran Benefits in Texas

Texas veterans in Laredo enjoy exclusive perks, including property tax exemptions for disabled service members and VA cash-out refinancing up to 100% of your home’s value. Herring Bank specializes in VA Home Loans for Laredo’s military community, offering $0 down payments, no private mortgage insurance (PMI), and closings in as few as 28 days.

Laredo Neighborhoods and Surrounding Areas

From family-friendly North Laredo to the bustling South Laredo corridor, the city offers diverse neighborhoods to suit every lifestyle. First-time buyers choose Mines Road for affordable starter homes, while growing families prefer Spring Trails for top-rated schools and parks. Herring Bank provides neighborhood-specific mortgage guidance, whether you’re eyeing a historic downtown property or a new build in Tierra Verde.

Military in Laredo

Laredo’s military community is anchored by the Laredo Air Force Base and Joint Task Force-North operations. Herring Bank honors this service with VA Home Loans tailored to military pay structures, including deployment-friendly closing processes. Our team has helped hundreds of service members secure mortgages near training facilities and border patrol stations.

Local Universities in Laredo

Laredo’s education landscape includes Texas A&M International University and Laredo College, attracting students and faculty nationwide. Herring Bank supports academic professionals with low-down-payment options for first-time buyers and refinancing solutions for those upgrading from campus housing.

VA Home Loans in Laredo with Herring Bank

Herring Bank is Laredo’s trusted VA Home Loan lender, offering $0 down payments, no PMI, and streamlined approvals. Our in-house team closes loans in 28 days or less, even for rural homes in Webb County. Call us today to start your VA loan application.

Quick Links to Other City Pages

Explore Herring Bank’s mortgage services across Texas:

• Austin Mortgage Loans: Competitive rates in the state capital.

• San Antonio VA Loans: Military-friendly financing near Randolph AFB.

• Houston Home Loans & Refinance: Lower your rate in the Energy Corridor.

VA Buyer Education

Herring Bank empowers Laredo homebuyers with free resources like our First-Time Homebuyer Guide and Credit Score Improvement Checklist. Learn to navigate closing costs and Texas down payment assistance programs.

Serving Texans for over 125 Years

For over 125 years, Herring Bank has served Texas communities and Veterans with integrity.

VA Loan Mortgage Products for Laredo Texas Vets

Herring Bank offers a full suite of mortgage products:

• VA Loans: $0 down for veterans and military families.

• FHA Loans: 3.5% down payment with credit scores as low as 580.

• Jumbo Loans: Financing for luxury homes up to $2,000,000.

• Refinancing: Lower rates, cash-out, or debt consolidation.