Texas veterans and military members can borrow up to 150 000 to purchase land atcompetitive interest rates with a minimum five percent down payment for tracts of one acre or more credit approval required.
Texas land for veterans.
The type i forfeited land sale is available only to veterans and the type ii.
The vlb veterans land loan program is the only one of its kind in the nation.
Since then the vlb has funded more than 200 000 loans for veterans and military members in texas.
Since the days of the republic texas has always supported its veterans in return for their military service.
In 1946 the texas veterans land board vlb was established to administer benefits exclusively for texas veterans.
Land that isn t sold during these sales is made available for public purchase.
The texas veterans land board then makes these tracts of land available for other texas veterans to bid on in our forfeited land sales that are held every january april july and october.
Land loans the vlb veterans land loan program is the only one of its kind in the nation giving texas veterans and military members the opportunity to borrow money to purchase land at favorable interest rates and terms while only requiring a.
The glo provides benefits to texas veterans.
The texas veterans land board provides low interest loans to veterans and military members in texas.
In the early days it was in the form of land given by the state for military service.