As a Texas Veteran, you have a fantastic finance option right at your fingertips. Is your dream to buy land in Texas but you don’t have the financing to do so? The Texas Veterans Land Board offers a low interest loan option for veterans who are Texas residents.
There are other options out there like traditional bank loans but for one reason or another that option might not be best for you. Because you are a veteran you have an extra financing option that most people do not. You can get financing from the Texas Veteran Loan Board (TVLB) for up to $275,000. These loans are offered at below market rates making it easier and more affordable to buy land in Texas. Here at Lonestar Land Sales, we can help. All of our properties are eligible for financing under the Texas Veterans Land Board.
There is easy and excellent financing available through this loan option. You can borrow up to $275000 for your land purchase. The down payment requirements can be as low as 5% down. Traditional bank loans typically require between 15-20% down. The current interest rate for the Texas Veteran Loan is 7.25%*.
First let’s talk Land Eligibility. Our properties are all eligible for the Texas Veterans Land loan option for financing your land purchase. Here are the TVLB requirements:
For all land requirements, click here.
Do you qualify for a Texas Veteran Loan to finance your land purchase? To start with, you must be at least 18 years of age and a legal resident of Texas.
Now answer yes to at least one of the following questions:
If you answered yes to one of the questions above, you qualify to apply for this type of loan. This loan could help to secure your next land investment.
*Eligibilty, requirements, and interest rates are subject to change through the Texas Veteran Land Board.
Request a land application by calling toll free 1-800-252-8387 (VETS). To apply online or to download an application, go to: Texas VLB.
Land loan processing time may vary, depending on the accuracy and completeness of your application packet and the timely submission of required documents and information.
If you are still unsure of the process, we may be able to help. Just click the button below and contact us.
Is dedicated to helping veterans achieve the dream of land ownership. He has successfully guided several veterans through the process of purchasing land and making confident real estate investments. Whether you are looking to buy your first piece of property, invest in land, or better understand the benefits available to veterans, Jonathan provides knowledgeable, personalized support every step of the way.
