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The program is not difficult to utilize and provides Texas Veterans and Military people exclusive financing towards the acquisition of the very own little bit of Texas.

The program is not difficult to utilize and provides Texas Veterans and Military people exclusive financing towards the acquisition of the very own little bit of Texas.

The VLB Veterans Land Loan Program could be the just one of its type within the country, providing Texas Veterans and Military Members the possibility to borrow as much as $150,000 to get land at competitive interest levels while typically requiring the very least five per cent advance payment for tracts of just one acre or even more.

This system is simple to utilize and provides Texas Veterans and Military people exclusive financing towards the acquisition of one’s own bit of Texas. The bonds utilized to finance this system are resigned 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 at least five per cent advance payment and a fixed-rate loan term that is 30-year. The five % deposit is susceptible to credit approval.

A $325 appraisal and agreement solution charge is born during the right period of application. There’s absolutely no pre-payment penalty.

When you have maybe not currently identified the land you intend to buy, consider the next options:

  • View VLB land on the market offered to people
  • Check out a house search internet 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 pertains to our home and do it yourself loan programs.



The VLB’s severance policy permits Veterans and army people to have a cost name to a percentage of the VLB tract. Such partial resale needs will always during the single discernment of this VLB and topic to greater valuation pricing and stricter instructions than severances for a house web web site. It’s also the insurance policy associated with the VLB that any ask for severance represents a request to “subdivide” the current tract. Consequently, all severances should be in conformity with state guidelines and county and neighborhood ordinances regulating such “subdivision. ” If any law that is such ordinance imposes a condition which is much more restrictive compared to policy or procedure contained herein, what the law states or ordinance will get a grip on.

Tracts lower than 3 acres: The VLB will perhaps not give a severance.

4 – 19 acres: A severance can be done. The severance must certanly be at least one acre or even the minimum size needed by county and regulations that are local whichever is bigger. A partial launch must enable enough space for the household, septic system and water well (where relevant), each of which must fit totally in the boundaries for 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 forms needs to be required by the account owner and certainly will simply be mailed towards the account owner. VLB land loans could be thought after 3 years.


To qualify for VLB programs, Veterans, armed forces people and their partners must certanly be:

  • At least 18 years.
  • A bona fide and appropriate resident of Texas regarding the date of application and meet oneof the service that is following:
    • An duty that is active Member.
    • A part regarding the Texas National Guard.
    • A book component Military Member having finished 20 years that are qualifying your retirement.
    • A Veteran having offered at the least 90 active responsibility times unless released sooner because of a service-connected impairment rather than released dishonorably.
    • A spouse that is surviving of Veteran listed as missing doing his thing or whose death had been solution connected.

The Land Loan Process

The mortgage quantity is founded on credit approval. Get served by reviewing your credit. Gather your earnings information and stay willing to offer your loan processor along with your newest pay stubs to help in determining your creditworthiness.

After you have collected your income information and reviewed your credit, begin the application that is online for loan approval.

Analysis tracts of land easily obtainable in Texas that meet up with the VLB land loan needs. You could look for land offered through our Land product Sales.

Complete the processing of one’s land loan by returning all necessary loan paperwork (in other words. Performed agreement, study, industry notes, and or land plat).

Finalize your loan procedure by coordinating a closing time and date together with your chosen name business being willing to pay the advance payment and all the other expenses to shut.


To be entitled to VLB funding, the land must:

  • Be wholly inside the state of Texas.
  • Include one or more acre, excluding any part beneath a separate general public roadway or navigable waterway or susceptible to frequent inundation or elsewhere unusable.
  • Have actually appropriate, usable usage of a road that is public. Access should be at the least 60 legs wide or meet up with the county public road width demands, whichever is greater. “Usable” ensures that it may be driven on by a standard passenger car in poor weather.
  • Be precisely described by either a industry note description of this tract aided by the surveyor’s official seal and signature (original or content) or a complete content associated with 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 be provided with to virtually any improvements on tracts. Several, contiguous tracts can be combined under one financing instrument offered each share is perhaps not significantly less than 60 linear foot of typical boundary or tracts are adjacent to the other person and divided entirely by the real width regarding the general general public right of method.

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