The current land loan interest rate is 7.25%

                          All VLB interest rates and available discounts are subject to change at any time. All VLB loans are subject to credit approval.

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 up to $150,000 to purchase land at competitive interest rates while typically requiring a minimum five percent down payment for tracts of one acre or more.

The program is easy to use and offers Texas Veterans and Military Members exclusive financing towards the purchase of their own piece of Texas. The bonds used to fund the program are retired from loan repayments and the cost of administering the program is financed through a small fee charged on each loan.

Still have questions about the process? Then contact the Veterans call center at 800-252-8387 or join VLB's weekly thirty-minute Zoom@Noon for help. It's simple to register on VLB's event page.

Seven Simple Steps to Get Started

The Land Loan Process

The loan amount is based on credit approval. Get prepared by reviewing your credit. Gather your income information and be prepared to provide your loan processor with your most recent pay stubs to assist in determining your creditworthiness.

Land Loan Checklist

Once you have gathered your income information and reviewed your credit, start the online application process for loan approval.

Research tracts of land for sale in Texas that meet the VLB land loan requirements. You can also shop for land offered through our Land Sales.

Complete the processing of your land loan by returning all required loan documentation (i.e. executed contract, survey, field notes, and or land plat).

Finalize your loan process by coordinating a closing date and time with your selected title company and being prepared to pay the down payment and all other costs to close.


To be eligible for VLB loan programs, Veterans and Military Members must be:

  • At least 18 years of age.
  • A bona fide and legal resident of Texas on the date of application and meet one of the following service criteria:
    • An active duty Military Member.
    • A member of the Texas National Guard.
    • A reserve component Military Member having completed 20 qualifying years for retirement.
    • A Veteran having served at least 90 active duty days unless discharged sooner due to a service-connected disability and not discharged dishonorably.
    • A surviving spouse of a Veteran listed as missing in action or whose death was service connected.


To be eligible for VLB financing, the land must:

  • Be wholly within the state of Texas.
  • Contain at least one acre, excluding any portion beneath a dedicated public roadway or navigable waterway or subject to frequent inundation or otherwise unusable.
  • Have legal, usable access to a public road. Access must be a minimum of 60 feet wide or meet the county public road width requirements, whichever is greater. “Usable” means that it can be driven on by a standard passenger car in inclement weather.
  • The flagpole access portion of the property must be drivable in inclement weather to the main body of the tract.
  • Be properly described by either a field note description of the tract with the surveyor’s official seal and signature (original or copy) or a complete copy of the recorded subdivision plat if the description is by lot & block.
  • Not be zoned strictly for commercial use.
  • Not have been owned by you or your spouse within the previous three years.
  • All trash/debris, tires or dilapidated structures must be removed prior to closing.

No value will be given to any improvements on tracts. Multiple, contiguous tracts may be combined under one financing instrument provided each share is not less than 60 linear feet of common boundary or tracts are adjacent to one another and separated solely by the actual width of the public right of way.


Land Loans – Veteran/Military Interest rate 7.25 %

All VLB interest rates and available discounts are subject to change at any time. All VLB loans are subject to credit approval.

VLB provides financing on tracts up to $150,000 with a minimum five percent down payment and a fixed-rate 30-year loan term. The five percent down payment is subject to credit approval.

A $325 appraisal and contract service fee will be collected after the application is submitted. There is no pre-payment penalty.

If you have not already identified the land you wish to purchase, consider the following options:

  • Visit a property search website that lists land for sale in Texas
  • Call VLB at 800-252-8387

Once a Veteran, or his or her successor, has successfully paid off a VLB land loan s/he may apply for another VLB land loan. The same applies to our home and home improvement loan programs.


If your account is current with the VLB Land Loan Program, you may access your account online.
Land Loan Payments
You will be directed to the VLB loan servicing provider Dovenmuehle Mortgage Incorporated (DMI.)
If you encounter issues, please first contact the loan servicer at 1-866-654-6345.
If you continue to have difficulties, please contact the VLB Call Center at 800-252-8387 and we will help resolve the issue.

To mail the VLB Loan Servicing Provider:

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

Please note, if you have problems with the processing of your loan payment, you can call our VLB Call Center at 800-252-8387 or email us at and we can help you resolve the issue. We are here to serve YOU!


The VLB’s severance policy allows Veterans and Military Members to obtain a fee title to a portion of their VLB tract. Such partial resale requests are always at the sole discretion of the VLB and subject to higher valuation pricing and stricter guidelines than severances for a home site. It is also the policy of the VLB that any request for severance represents a request to “subdivide” the existing tract. Therefore, all severances must be in compliance with state laws and county and local ordinances governing any such “subdivision.” If any such law or ordinance imposes a condition that is more restrictive than the policy or procedure contained herein, the law or ordinance will control.

Tracts less than 3 acres:
The VLB will not grant a severance.

4 – 19 acres:
A severance is possible. The severance must be a minimum of one acre or the minimum size required by county and local regulations, whichever is larger. A partial release must allow sufficient room for the house, septic system and water well (where applicable), all of which must fit entirely within the boundaries of the partial release.
Note: Before hiring a surveyor, please contact our servicer.


For information concerning assumptions (also known as transfers), contact our servicer, DMI, at 1-866-654-6345 and ask for special loans. Assumption forms must be requested by the account holder and will only be mailed to the account holder. VLB land loans may be assumed after three years.

Military Service Documents

SCRA Assistance