Texans Credit Union announces 105% LTV financing option
“First buyers now feel the squeeze from every perspective of affordability to availability,” said Angie Jackson, vice-president of real estate loans at Texan’s Credit Union, in a statement.
“We have brought these solutions to the table to get part of the weight of their shoulders. Our members do not have to sort it out alone; they have a partner who helps them navigate today’s market and that most important first step in the direction of the homeowner.”
Jackson told Housing That all three products are only offered to first home buyers, and the real estate that is used to get a loan via the Texans Credit Union, must be in the state of Texas.
How can Texans do a 105% LTV ratio? Jackson says that the solution “is specifically designed to take on the challenge of the preliminary costs of the affordability of home, while maintaining the integrity of our risk profile.”
She continued: “We made the decision to invest back in our members and to retain this loan on our portfolio to support those who need the help in supporting their ability to support a homeowner. There is sufficient return for a viable product about the duration.”
Nationally, the rates of home ownership have been brought down in recent years. According to the US Census BureauThe total percentage of homeowners who fell from 2025 to 65% in the second quarter, which marked the lowest level since 2019.
And despite the sale of the existing at home an increase from 2% from June to July, the sales activity is still at the lowest point in the past year, according to data from the National Association of Realtors (Dar).
Texans Credit Union, founded in 1953, operates 11 branches in Texas. It offers financial products and services to more than 120,000 members and manages around $ 2.1 billion in assets, according to the company’s website.
