Why Choose Herring Bank for Your Wichita Falls VA Home Loan?

As a VA-approved lender since 1995, Herring Bank closes Wichita Falls VA loans in 28 days or less—25% faster than national averages. Our expertise includes:

• No private mortgage insurance (PMI) requirements

• Flexible credit guidelines (scores as low as 580)

• Streamlined refinancing (IRRRL) for existing VA loans

Wichita Falls VA Loan Benefits for Texas Veterans

Texas veterans in Wichita Falls enjoy unique advantages:

• Property Tax Exemptions: Disabled veterans qualify for up to 100% property tax relief.

• VA Cash-Out Refinance: Access up to 100% of your home’s equity (max loan-to-value).

• Military Relocation Assistance: Fast-track approvals for PCS orders to Sheppard AFB.

VA Home Loans Near Sheppard Air Force Base

Herring Bank specializes in VA loans for military families stationed at Sheppard AFB:

• BAH income fully counted for mortgage approval

• Deployment-friendly closing processes (power of attorney accepted)

• Financing for homes in base-adjacent neighborhoods like Colonial Park and Fairway Oaks

2024 Wichita Falls VA Loan Limits & Home Prices

• VA Loan Limit: $1,000,000 (no down payment required)

• Median Home Price: $198,000 (3 beds, 2 baths)

• Popular Areas for Veterans:

  • Lake Wichita: Waterfront homes ($250,000-$400,000)

  • Southwest Wichita Falls: New builds near United Market Street ($220,000+)

  • Pleasant Valley: Family-friendly, top-rated schools ($180,000-$300,000)

How to Apply for a VA Loan in Wichita Falls

1. Get Your COE: We’ll help request your Certificate of Eligibility.

2. Pre-Approval: Call 1-214-225-3166 for same-day pre-approval.

3. Close Fast: Average 28-day closing timeline, even for rural properties near Iowa Park.

VA Refinancing in Wichita Falls

Lower your rate or cash out equity with Herring Bank’s VA refinance options:

• IRRRL (Streamline): No appraisal or income verification required.

• Cash-Out: Borrow up to 100% of your home’s value.

• Average savings: $220/month for Wichita Falls homeowners.

 Wichita Falls VA Loan FAQs

Q: Can I use a VA loan for a multi-family home in Wichita Falls?
A: Yes! VA loans cover up to 4-unit properties if you occupy one unit.

Q: Are closing costs lower for VA loans?
A: VA loans limit lender fees, saving you up to $3,000 vs. conventional loans.

H2: Contact Herring Bank’s Wichita Falls VA Loan Team
Call 1-214-225-3166 for:

• Free VA loan eligibility check

• Same-day pre-approval letters

• Bilingual support (English/Spanish)