See What We Can Do For You.
Welcome to Veritex Home Plus
NMLS # 414688
Are you feeling overwhelmed by the thought of purchasing a new home?
Don't let the burden of closing costs hold you back from achieving your dream! With our mortgage program, we offer closing cost assistance to help ease the financial strain and make buying a new home more accessible.
Qualified borrowers must meet eligibility requirements such as being owner-occupants and purchasing a 1-4 SFR as primary residence within specific census tracts in Tarrant, Dallas, and Harris Counties, TX. No cash out refinances or second homes. Certain properties are ineligible. The home loan must fund with Veritex Community Bank.
Maximum income and loan amount limits apply. Income limits 80% of area median income.
Conventional fixed rate mortgage 30 years. No MI. Maximum LTV 97%.
Lender credit available for closing costs for qualified applicants. Lender credit cannot be applied toward down payment, prepaid items or recurring costs (property taxes and insurance); first-come, first-serve basis. Lender credit may be considered taxable income; a 1099 MISC will be issued, consult a tax advisor.
Pricing approved for .50% from APOR.
Subject to credit approval. No recent major derogatory credit factors: foreclosure, short sale, bankruptcy, repossession.
Income verified through three years of tax returns and W2 forms.
Not available with all loan products. Grant program or any portion may change without notice.
Texas native and mortgage banker, Russell Anderson, has joined Veritex Community Bank as Senior Vice President, Mortgage Company President. Anderson brings more than 25 years of banking and mortgage experience to Veritex, where he will cultivate and expand Veritex’s emerging Mortgage Company. Russ Anderson graduated from Southern Methodist University with a BA in Finance and was a four-year letterman on the football team. Anderson has been in the mortgage business since 1993. His experience includes managing multiple branches and funding thousands of loans over that 25-year period.