Texas Vet Home Loans

Texas Vet Home Loans

In 1983, the Legislature created the VLB Veterans Housing Assistance Program to assist Texas veterans in purchasing a home. Through this program, eligible Texas veterans have an opportunity to purchase a home with an unbeatable, low-interest loan with little or no money down.

The VLB can make a Home Loan for most types of homes, but check to make sure. View Home Requirements

Texas veterans must find a lender participating in the Veterans Housing Assistance Program (VHAP), and request a Texas Veterans Home Loan application to start the process. Once the application has been completed, it must be returned to the lender. Find A Lender

The veteran must occupy the home within 60 days after the closing of the loan, and the home must remain the veteran’s primary residence for at least three years.

Efficient homes at great rates . . .

To be eligible for VLB Home Loan financing, new-construction homes must meet the federal government standards for energy efficiency in the Energy Star™ program or have a HERS index score of 75 or less. Learn More

Disabled veteran?
The VLB offers an interest rate reduction to qualifying veterans with disabilities. Learn More

Building a house?
While the VLB cannot provide interim construction financing, Texas veterans can work with participating lenders to use a “take-out” loan when the home is complete. Learn More


All borrowers must be approved by the VLB before proceeding with application. Download Certification of Eligibility forms at www.texasveterans.com.

Veterans (all of the following must apply):
Served no fewer than 90 cumulative days on active duty in the Army, Navy, Air Force, Marines, Coast Guard, or US Public Heath Service or recognized reserve component of the listed branches of service
Served after September 16, 1940
Not been dishonorably discharged
The applicant must be a bona fide resident of Texas at the time the application is made. (A “bona fide resident” is someone who is living in Texas with the intent to remain in Texas)
Unmarried, surviving spouses may qualify.
Any previous VLB mortgage loan must be paid off prior to closing.
See www.texasveterans.com for full eligibility requirements.

Applicaiton: http://www.glo.texas.gov/vlb/_documents/loans/certification-application.pdf


Texas Vet Interest Rate Discounts

The VLB offers several discounts to the available base rate for Home and Home improvement Loans. NOTE: All Texas Veterans Land Board loans are subject to credit approval.

Disabled Veterans Discount

Veterans with disabilities may qualify for an interest rate reduction on their VLB Home or Home Improvement Loans. The veteran must have a service-connected disability of 30 percent (30%) or greater as verified by an Award Letter from the Department of Veterans Affairs (VA). The reduction is a full 50 basis points, or one-half of one percent on the available VLB loan interest rate. If you have any questions about the required documentation, please contact the VLB.

Of course, the veteran must also meet all other eligibility requirements for these loans to qualify for the discount.

Unmarried Surviving Spouse Discount

To honor our Texas veterans, the VLB offers a substantial interest rate reduction on Home and Home Improvement Loans to the unmarried surviving spouse of any service member who was killed in the line of duty (service member must have been a legal resident of Texas at the time of death). The reduction is a full 50 basis points, or one-half of one percent on the available VLB loan interest rate.

An unmarried surviving spouse of a veteran who is missing in action, or who died in the line of duty, or died from a service-connected cause and had a compensable service-connected disability rating of 30% or greater (as verified by an Award Letter from the VA) at the time of death and was a legal resident of Texas is also eligible for the discount.

This reduction can result in a savings of tens of thousands of dollars for qualifying applicants. The surviving spouse must meet all other eligibility requirements for the Home and Home Improvement Loan programs. Please contact the VLB if you have any questions