The VLB Veterans Land Loan Program could be the just one of its type into 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 advance payment for tracts of just one acre or maybe more.

This program is not hard 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 system are resigned from loan repayments and also the price of administering this system is financed via a tiny cost charged for each loan.


Land Loans – Veteran/Military rate of interest 7.25percent

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

A $325 assessment and agreement solution cost flow from in the period of application. There’s 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 open to the general public
  • Check out a house search web site that lists land easily obtainable in Texas
  • Phone VLB at 800-252-8387

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


To mail the VLB Loan Servicing Company:

Texas Veterans Land Board (via DMI) 1 Corporate DriveSuite 360 Lake Zurich, IL. 60047-8945

Take note, when you yourself have difficulties with the processing of the loan repayment, it is possible to call our VLB Call Center at 800-252-8387 or e-mail us at vlbinfo@glo. so we will allow you to resolve the problem. Our company is right right here to last!


The VLB’s severance policy enables Veterans and armed forces people to get a charge name to a percentage of the VLB tract. Such partial resale needs will always during the single discernment regarding the VLB and topic to greater valuation pricing and stricter directions than severances for a property web installment loans online massachusetts site. Additionally, it is the insurance policy for 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 guidelines and county and neighborhood 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 grip on.

Tracts significantly less than 3 acres: The VLB will likely not give a severance.

4 – 19 acres: A severance can be done. The severance should be a the least one acre or the minimum size needed by county and regulations that are local whichever is bigger. A partial launch must enable enough space when it comes to household, septic system and water well (where relevant), every one of which must fit totally inside the boundaries regarding the release that is partial. Note: Before hiring a surveyor, please contact our servicer.


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


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

  • At the least 18 years old.
  • A bona fide and appropriate resident of Texas regarding the date of application and meet oneof the after service requirements:
    • An active responsibility Military Member.
    • A part associated with 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 doing his thing or whoever death ended up being solution linked.

Military Service Documents

  • Military Service RecordsVisit the National Archives to request your armed forces solution documents online, by mail, or by fax. Documents consist of DD214/separation papers, workers documents and records that are medical.
  • Army Record Request – Standard kind 180 (SF-180)Request your army record with the nationwide Archives Standard Form 180 (SF-180).

The Land Loan Process

The loan quantity is dependent on credit approval. Get served 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.

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

Research tracts of land easily obtainable in Texas that meet up with the VLB land loan needs. You may want to look for land provided through our Land product product Sales.

Finish the processing of one’s land loan by going back all needed loan paperwork (for example. Performed agreement, study, industry records, as well as land plat).

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


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

  • Be wholly in the continuing state of Texas.
  • Include a minumum of one acre, excluding any part beneath a separate public roadway or navigable waterway or at the mercy of frequent inundation or perhaps unusable.
  • Have actually appropriate, usable usage of a road that is public. Access should be no less than 60 legs wide or meet with the county public road width requirements, whichever is greater. “Usable” ensures that it could be driven on with a passenger that is standard in poor weather.
  • Be precisely described by either an industry note description associated with tract utilizing the surveyor’s official seal and signature (original or content) or perhaps 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.
  • N’t have been owned by you or your partner in the past 36 months.
  • 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 can be combined under one financing instrument offered each share is certainly not lower than 60 linear foot of typical boundary or tracts are right beside each other and separated entirely because of the real width of this public right of method.