Buying a home in Mcleod, TX is big decision. Become an educated shopper with help from our Mortgage Learning Center, which includes in-depth coverage about the home financing process, from getting pre-approved for a mortgage to understanding closing costs.
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Shannon McLeod Home > usda-loan. For Texas primary residences, we will lend up to 80% of the total equity in your home and your line of credit amount cannot exceed 80% of the home’s value. For line amounts greater than $500,000, maximum combined loan-to-value ratios are lower and certain restrictions apply.
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Eligible Texas Veterans and Military Members have an opportunity to purchase a home with a competitive, low-interest loan with little or no down payment. Veterans, Military Members and their spouses may receive up to $484,350 on a fixed-rate loan for 15, 20, 25 or 30 year terms*.