Let me make it clear more about Land Loans

The VLB Veterans Land Loan Program may be the just one 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 shop for land at competitive interest levels while typically requiring at least five per cent advance payment for tracts of just one acre or higher.

This program is simple to utilize and provides Texas Veterans and Military members financing that is exclusive the purchase of one’s own little bit of Texas. The bonds used to finance this system are resigned from loan repayments additionally the price of administering this program is financed by way of a fee that is small for each loan.

The Land Loan Process

  • Be Ready
  • Get Prequalified
  • Find Your Land
  • Finish the necessary Documents
  • Finalizing the method

The mortgage quantity will be based upon credit approval. Get served by reviewing your credit. Gather your revenue information and stay ready to provide your loan processor together with your newest pay stubs to help in determining your creditworthiness.

After you have collected your earnings information and reviewed your credit, begin the online application process for loan approval.

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

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

Finalize your loan procedure by coordinating a closing time and date along with your chosen title business and being willing to spend the advance payment and all the expenses to close.


To qualify for VLB loan programs, Veterans and armed forces people must 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 regarding the Texas National Guard.
    • A book component Military Member having finished 20 qualifying years for 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 spouse that is surviving of Veteran listed as missing for action or whose death had been solution connected.


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

  • Be wholly inside the continuing state of Texas.
  • Include a minumum of one acre, excluding any part beneath a passionate 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 a the least 60 legs wide or meet with the county road that is public demands, whichever is greater. “Usable” ensures that it may be driven on by a passenger that is standard in bad weather.
  • Be correctly described by either a field note description associated with tract with all the surveyor’s official seal and signature (original or content) or even a copy that is complete of recorded subdivision plat in the event that description is by great deal & block.
  • Never be zoned strictly for commercial usage.
  • Not need been owned by you or your partner in the past 36 months.
  • 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 supplied each share is certainly not lower than 60 linear foot of typical boundary or tracts are right beside the other person and divided solely by the real width for the general general public right of means.


Land Loans – Veteran/Military rate of interest 7.25%

VLB provides financing on tracts as much as $150,000 with at least five per cent advance payment and a fixed-rate 30-year loan term. The five per cent deposit is susceptible to credit approval.

A $325 assessment and agreement solution charge arrives in the time of application. There’s absolutely no pre-payment penalty.

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

  • View VLB land on the market accessible to the general public
  • Check out a house search site that lists land easily obtainable in Texas
  • Call VLB

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


To mail the VLB Loan Servicing Company:

Texas Veterans Land Board (via DMI) 1 DriveSuite that is corporate 360 Zurich,

Take note, when you have difficulties with the processing of one’s loan payment, you can easily phone our VLB Call Center at 800-252-8387 or e-mail us at and now we will allow you to resolve the matter. We have been right here to last!


The VLB’s severance policy enables Veterans and members that are military get a cost name to a percentage of the VLB tract. Such resale that is partial are often during the single discernment regarding the VLB and subject to greater valuation pricing and stricter instructions than severances for a property web web web site. Additionally, it is the insurance policy regarding 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 guidelines and county and regional ordinances governing such “subdivision.” If any such legislation or ordinance imposes a state of being which is more restrictive compared to the policy or procedure included herein, what the law states or ordinance will control.

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

4 – 19 acres: A severance is achievable. The severance must certanly be a the least one acre or even the minimum size needed by county and neighborhood laws, whichever is bigger. A partial release must enable enough space when it comes to household, septic system and water well (where relevant), all of these must fit totally inside the boundaries regarding the partial launch. Note: Before employing a surveyor, please contact our servicer.


For information snap this site concerning presumptions (also called transfers), contact our servicer, DMI, at and request unique loans. Presumption types must certanly be required because of the account owner and certainly will simply be mailed towards the account owner. VLB land loans could be thought after 3 years.