This system is simple to utilize and provides Texas Veterans and Military people exclusive financing towards the purchase of one’s own bit of Texas.

This system is simple to utilize and provides Texas Veterans and Military people exclusive financing towards the purchase of one’s own bit of Texas.

The VLB Veterans Land Loan Program may be the just one of the sort within the nation, providing Texas Veterans and Military Members the possibility to borrow as much as $150,000 to acquire land at competitive interest levels while typically requiring at least five per cent deposit for tracts of 1 acre or maybe more.

This system is simple to utilize and offers Texas Veterans and Military users exclusive financing towards the acquisition of the very own little bit of Texas. The bonds utilized to finance this system are resigned from loan repayments in addition to price of administering this system is financed by way of 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 30-year loan term. The five % deposit is at the mercy of credit approval.

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

When you yourself have maybe not currently identified the land you want to buy, consider listed here options:

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

When a Veteran, or his / her successor, has effectively paid a VLB land loan s/he may submit an application for another VLB land loan. The exact same relates to our house and home improvement loan programs.



The VLB’s severance policy permits Veterans and members that are military get a cost name to a percentage of their VLB tract. Such resale that is partial are often in the single discernment regarding the VLB and topic to greater valuation pricing and stricter directions than severances for a house web site. Additionally, it is the insurance policy associated with the VLB that any ask for severance represents a request to “subdivide” the current tract. Consequently, all severances must certanly be in conformity with state laws and regulations and county and regional ordinances regulating such “subdivision. ” If any law that is such ordinance imposes a state of being which is much more restrictive compared to the 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 give a severance.

4 – 19 acres: A severance is achievable. The severance should be at least one acre or even the minimum size required by county and neighborhood laws, whichever is bigger. A partial launch must enable enough room when it comes to household, septic system and water well (where relevant), every one of which must fit totally in the boundaries associated with the partial launch. Note: Before employing a surveyor, please contact our servicer.


For information concerning presumptions (also known as transfers), contact our servicer, DMI, at 1-866-654-6345 and get for unique loans. Presumption kinds needs to be requested by the account holder and can simply be mailed towards the account holder. VLB land loans are thought after 3 years.


To qualify for VLB programs, Veterans, army people and their partners needs to be:

  • At the very least 18 years old.
  • A bona fide and legal resident of Texas from the date of application and meet oneof the service that is following:
    • An duty that is active Member.
    • An associate associated with Texas National Guard.
    • A book component Military Member having finished 20 qualifying years for your your retirement.
    • A Veteran having offered at the very least 90 duty that is active unless released sooner because of a service-connected impairment rather than released dishonorably.
    • A surviving partner of the Veteran listed as missing doing his thing or whoever death had been service linked.

The Land Loan Process

The mortgage quantity is dependant on credit approval. Get made by reviewing your credit. Gather your earnings information and be willing to offer your loan processor together with your latest 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 can go shopping for land provided through our Land product product Sales.

Finish the processing of one’s land loan by coming back all loan that is required (for example. Performed contract, study, industry records, and or land plat).

Finalize your loan procedure by coordinating a closing date and time along with your chosen name business being ready to spend the advance payment and all the costs to shut.


To be entitled to VLB funding, the land must:

  • Be wholly in the continuing state of Texas.
  • Include one or more acre, excluding any part beneath a separate roadway that is public navigable waterway or susceptible to frequent inundation or perhaps unusable.
  • Have actually legal, usable usage of a general public road. Access needs to be at the least 60 foot wide or meet up with the county public road width requirements, whichever is greater. “Usable” ensures that it could be driven on by a passenger that is standard in poor weather.
  • Be precisely described by either an industry note description of this tract aided by the surveyor’s official seal and signature (original or content) or even a complete content associated with the 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 dilapidated structures must be eliminated ahead of closing.

No value will get to virtually any improvements on tracts. Several, contiguous tracts might be combined under one instrument that is financing each share is maybe not significantly less than 60 linear feet of typical boundary or tracts are right beside the other person and divided entirely because of the real width associated with the general general public right of method.

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