The Texas Veterans Land Board (VLB), established in 1946, supports Texas veterans by providing low-interest loans for land purchases, home loans, and more – in recognition of your honorable service.

Key VLB Land Loan Benefits:

• Loan Amount: Up to $150,000 (or $225,000 for eligible veteran spouses purchasing the same tract)
• Interest Rate: Fixed at 7.25% (subject to change)
• Term: 30 years with no prepayment penalty
• Down Payment: Minimum 5% (credit approval required)
• Closing Costs: Just a $325 appraisal and contract service fee

Special Offer for Veterans at Iron Oak Reserve: National Land Partners covers all closing costs – you only need your down payment to get started!

Eligibility:

Must be a Texas resident, 18+, and meet service criteria (e.g., veteran with 90+ days active duty and honorable discharge, active military, Texas National Guard, or reserves with 20 years). Surviving spouses may also qualify. Land must be in Texas, at least 1 acre, with public road access.

VLB Land Loans

Common questions about VLB land loans, based on official resources:

What types of land can I finance with a VLB loan?
The VLB will finance any tract of land containing at least one acre, with dedicated access to a public roadway. You are welcome to find your own land using real estate agents or other resources.
Does the land need to meet specific requirements?
Yes: It must be wholly in Texas, at least one acre (excluding roads/water), have legal public road access (min. 60 ft wide), not zoned commercial, and free of debris/structures. No value given to improvements.
Can I combine multiple tracts?
Yes, contiguous tracts can be combined under one loan if they share at least 60 linear feet of boundary.
What if I’m called to active duty?
Reservists and National Guard with a VLB loan may defer interest payments during active duty.
Can I get another loan after paying off one?
Yes, once paid off, you may apply for another VLB land loan.

For more FAQs, visit the VLB FAQ page.