Mischer - Planned Communities, Residential and Commercial Developer

Texas Veterans Loan Program

Texas, veterans, loans, military, benefites

As we recently celebrated Independence Day and honored those who have served our country, I was reminded of the wonderful program designed to help our service men and women attain their dream of homeownership!

The Texas Veterans Loan Programs was originally formed by Sam Houston and the Texas Republic to reward veterans land in return for their military service. Although Texas no longer gives land away to veterans, there are many housing opportunities including low interest loans for everything from land purchase to home improvements.

According to the programs website, here is a list of some of the guidelines to help you determine eligibility for the Texas Veterans Loan Program:

  • Served no fewer than 90 continuous days on active duty (including active duty for training) in the Army, Navy, Air Force, Marines, Coast Guard or United States Public Health Service (unless discharged sooner by reason of a service-connected disability), or a reserve component of one of the listed branches of service, or have enlisted or received an appointment in the Texas National Guard after completing all initial active duty training requirements as a condition of enlistment or appointment, or have completed 20 years in a reserve component so as to be eligible for retirement as a condition of enlistment or appointment, or, if currently an active duty member of a listed service or a full-time reservist, have completed the initial service obligation;
  • Served after Sept. 16, 1940 (for Texas veterans who entered the armed services before Jan. 1, 1977, and who have been discharged from active duty less than 30 years, certain interest-rate incentives may be available for housing or home improvement loans);
  • Been honorably discharged;
  • Been a bona fide resident of Texas at the time of entry into the military or must have resided in Texas for at least two consecutive years immediately prior to filing an application; applicant must be a bona fide Texas resident 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). Presence in Texas due to military service alone does not establish bona fide residency); and
  • Have successfully repaid any previous TVLB loan within the same loan program. A loan is considered repaid when the account has been paid in full by the original veteran purchaser or last approved assignee. Any active TVLB loans in programs other than the one for which application is being made must be in good standing.


No matter what your branch of service you are a part of - Army, Air Force, Navy, Marines, and National Guard - it’s a good time to consider taking advantage of these programs and low interest rates! For more information, contact the Texas Veterans Land Board at 800-252-VETS or visit their Web site www.glo.state.tx.us/vlb/vhip/index.html . Or, ask your Realtor about the free public information seminars that are conducted in your area.