The program is not hard to utilize and provides Texas Veterans and Military users exclusive financing towards the purchase of the very own little bit of Texas.

The program is not hard to utilize and provides Texas Veterans and Military users exclusive financing towards the purchase of the very own little bit of Texas.


The program is not hard to utilize and provides Texas Veterans and Military users exclusive financing towards the purchase of the very own little bit of Texas.

The VLB Veterans Land Loan Program may be the just one of the type within the nation, providing Texas Veterans and Military Members the possibility to borrow as much as $150,000 to acquire land at competitive rates of interest while typically requiring at least five percent advance payment for tracts of just one acre or higher.

This system is easy to utilize and provides Texas Veterans and Military people exclusive financing towards the purchase of one’s own bit of Texas. The bonds utilized to invest in this system are retired from loan repayments therefore the price of administering this program is financed through a fee that is small for each loan.


Land Loans – Veteran/Military rate of interest 7.25percent

VLB provides financing on tracts as much as $150,000 with the very least five % advance payment and a fixed-rate loan term that is 30-year. The five % advance payment is at the mercy of credit approval.

A $325 assessment and agreement solution cost arrives during the right time of application. There is absolutely no penalty that is pre-payment.

You wish to purchase, consider the following options if you have not already identified the land:

  • View VLB land obtainable accessible to the general public
  • See a house search site that lists land easily obtainable in Texas
  • Phone VLB at 800-252-8387

When a Veteran, or their successor, has effectively paid down a VLB land loan s/he may submit an application for another VLB land loan. The applies that are same our house and do it yourself loan programs.



The VLB’s severance policy permits Veterans and army Members to have a charge name to a percentage of these VLB tract. Such partial resale needs will always in the single discretion associated with the VLB and topic to greater valuation pricing and stricter directions than severances for a house web site. It’s also the insurance policy regarding the VLB that any ask for severance represents a request to “subdivide” the tract that is existing. Consequently, all severances must certanly be in conformity with state guidelines and county and regional ordinances regulating such “subdivision. ” If any such legislation or ordinance imposes a state of being which is more restrictive as compared to policy or procedure included herein, what the law states or ordinance will get a handle on.

Tracts significantly less than 3 acres: The VLB will maybe not grant a severance.

4 – 19 acres: A severance can be done. The severance needs to be no less than one acre or even the minimum size required by county and regulations that are local whichever is bigger. A partial launch must allow adequate space for the home, septic system and water well (where relevant), each of which must fit completely inside the boundaries associated with the partial launch. Note: Before employing a surveyor, please contact our servicer.


For information concerning presumptions (also called transfers), contact our servicer, DMI, at 1-866-654-6345 and request unique loans. Presumption types should be required by the account owner and can simply be mailed to your account holder. VLB land loans can be thought after 3 years.


To be eligible for VLB programs, Veterans, armed forces Members and their spouses needs to be:

  • At the least 18 years.
  • A bona fide and appropriate resident of Texas from the date of application and meet oneof the service that is following:
    • An active responsibility Military Member.
    • A part for the Texas National Guard.
    • A book component Military Member having finished 20 qualifying years for your retirement.
    • A Veteran having served at the least 90 active responsibility times unless released sooner because of a service-connected impairment rather than released dishonorably.
    • A surviving partner of the Veteran listed as missing for action or whoever death ended up being solution linked.

The Land Loan Process

The mortgage quantity is dependent on credit approval. Get made by reviewing your credit. Gather your revenue information and stay willing to offer your loan processor together with your newest pay stubs to help out with determining your creditworthiness.

Once you’ve collected your revenue information and reviewed your credit, begin the online application procedure for loan approval.

Analysis tracts of land accessible in Texas that meet up with the VLB land loan demands. You may want to search for land provided through our Land product product Sales.

Finish the processing of one’s land loan by returning all loan that is required (in other terms. Performed agreement, study, industry records, as well as land plat).

Finalize your loan procedure by coordinating a closing time and date along with your chosen name business united check cashing login being willing to spend the payment that is down all the expenses to shut.


The land must to be eligible for VLB financing

  • Be wholly inside the state of Texas.
  • Include one or more acre, excluding any part beneath a separate public roadway or navigable waterway or at the mercy of frequent inundation or elsewhere unusable.
  • Have actually appropriate, usable usage of a road that is public. Access should be no less than 60 legs wide or meet up with the county public road width requirements, whichever is greater. “Usable” means it could be driven on with a standard passenger automobile in poor weather.
  • Be precisely described by either a field note description associated with tract aided by the surveyor’s official seal and signature (original or content) or perhaps a copy that is complete of recorded subdivision plat in the event that description is through great deal & block.
  • Never be zoned strictly for commercial usage.
  • Not need been owned by you or your better half in the past 3 years.
  • All trash/debris, tires or structures that are dilapidated be eliminated just before closing.

No value shall be provided with to your improvements on tracts. Several, contiguous tracts could be combined under one financing instrument offered each share is certainly not significantly less than 60 linear feet of common boundary or tracts are adjacent to the other person and divided entirely by the real width associated with general general public right of means.

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