Land Interest Rates In Texas

The Texas Veterans Land Board has unbeatable rates, and they are made available to Veterans who live in Texas through lenders participating in the Veterans Housing Assistance Program. They are commonly known as a Texas Vet Loans. The rates are set by the Texas Veterans Land Board and they are updated weekly.

Applies to fixed rate mortgages with terms of 10, 15, 20, or 30 years and Adjustable Rate Mortgages (ARM) with a term of 30 years. The interest rate can be locked for a period of 30 days. Interest rate will be guaranteed provided member provides the credit union with all documentation, information, and certifications requested.

Eligible Texas Veterans and Military Members have an opportunity to purchase a home with a competitive, low-interest loan with little or no down payment. Veterans, Military Members and their spouses may receive up to $484,350 on a fixed-rate loan for 15, 20, 25 or 30 year terms*.

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VLB Land Loans – The Texas Veterans Land Board – The vlb veterans land loan Program is the only one of its kind in the nation, giving Texas Veterans the opportunity to borrow up to $150,000 to purchase land at competitive interest rates while typically requiring a minimum 5% down payment for tracts one acre or more.

Texas Veterans Land Board Texas Vet Loana VA Home Loan Looking to refinance your existing mortgage loan? Use ERATE's rate chart to compare today's top rates in Texas and find a lender that's the best fit for you.

In 1946 the Texas Veterans Land Board (VLB) was established to administer benefits exclusively for Texas Veterans. Since then, the VLB has funded more than 200,000 loans for Veterans and Military Members in Texas.

Texas law caps interest rates at 18% and closing costs at $900, plus recording costs for residential properties. A $10,000 repayment plan amount at the maximum interest rate and maximum closing costs with a 10 year term has an annual percentage rate (apr ) of 18.152%.

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Looking for home mortgage rates in Texas? View loan interest rates from local banks, TX credit unions and brokers, from Bankrate.com.

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