This system is simple to utilize and provides Texas Veterans and Military members financing that is exclusive the acquisition of one’s own bit of Texas.

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This system is simple to utilize and provides Texas Veterans and Military members financing that is exclusive the acquisition of one’s own bit of Texas.

The VLB Veterans Land Loan Program could be the only 1 of their type when you look at the country, 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 the absolute minimum five per cent deposit for tracts of just one acre or even more.

This system is not difficult to utilize and provides Texas Veterans and Military members financing that is exclusive the purchase of one’s own bit of Texas. The bonds utilized to invest in this program are resigned from loan repayments as well as the price of administering this program is financed by way of a fee that is small for each loan.


Land Loans – Veteran/Military interest 7.25percent

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

A $325 assessment and agreement solution charge flow from during the right period of application. There isn’t any penalty that is pre-payment.

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

  • View VLB land obtainable offered to the general public

When a Veteran, or their successor, has effectively paid down a VLB land loan s/he may apply for another VLB land loan. The exact same relates to our house and do it yourself loan programs.



The VLB’s severance policy permits Veterans and members that are military get yourself a cost name to a percentage of these VLB tract. Such resale that is partial are always during the single discernment of this VLB and topic to greater valuation pricing and stricter instructions than severances for a property web web site. Additionally it is the insurance policy associated with the VLB that any ask for severance represents a request to “subdivide” the tract that is existing. Consequently, all severances should be in conformity with state regulations and county and regional ordinances regulating such “subdivision. ” If any such legislation or ordinance imposes a state of being which is much more restrictive compared to the policy or procedure contained herein, regulations or ordinance will get a grip on.

Tracts not as much as 3 acres: The VLB will likely not give a severance.

4 – 19 acres: A severance is achievable. The severance must certanly be a minimum of one acre or the minimum size needed by county and regulations that are local whichever is larger. A partial launch must enable enough space for the home, septic system and water well (where applicable), most of which must fit totally inside the boundaries associated with release that is partial. 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 get for unique loans. Presumption types needs to be required by the account owner and can simply be mailed to your account owner. VLB land loans might be thought after 36 months.


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

  • At the very least 18 years old.
  • 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.
    • An associate of this Texas National Guard.
    • A book component Military Member having finished 20 years that are qualifying your retirement.
    • A Veteran having offered at the very least 90 active responsibility times unless discharged sooner because of a service-connected impairment rather than released dishonorably.
    • A surviving partner of the Veteran listed as missing doing his thing or whose death ended up being solution connected.

The Land Loan Process

The mortgage quantity is dependant on credit approval. Get made by reviewing your credit. Gather your revenue information and stay ready to offer your loan processor along with your latest pay stubs to help in determining your creditworthiness.

After you have collected your revenue 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’ll be able to search for land provided through our Land product Sales.

Finish the processing of one’s land loan by going back all loan that is required (i.e. Performed agreement, study, industry records, and or land plat).

Finalize your loan procedure by coordinating a closing date and time with your chosen title business and being ready to spend the payment that is down all the costs to shut.


To be qualified to receive VLB funding, the land must:

  • Be wholly inside the state of Texas.
  • Include a minumum of one acre, excluding any part beneath a separate roadway that is public navigable waterway or susceptible to frequent inundation or else 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 could be driven on by a standard passenger automobile in poor weather.
  • Be properly described by either an industry note description for the tract because of the surveyor’s official seal and signature (original or content) or 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 36 months.
  • All trash/debris, tires or dilapidated structures must be eliminated just before closing.

No value will be provided with to your improvements on tracts. Multiple, contiguous tracts might be combined under one instrument that is financing each share is perhaps not lower than 60 linear foot of typical boundary or tracts are next to the other person and divided entirely by the real width for the general public right of means.

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