The VLB Veterans Land Loan Program may be the only one of the sort into the country, providing Texas Veterans and Military Members the possibility to borrow as much as $150,000 to get land at competitive rates of interest while typically requiring at least five per cent advance payment for tracts of 1 acre or even more.
This program is simple to utilize and provides Texas Veterans and Military members financing that is exclusive the purchase of one’s own little bit of Texas. The bonds utilized to invest in this system are resigned from loan repayments in addition to price of administering this system is financed through a tiny charge charged for each loan.
LAND LOAN FINANCING
Land Loans – Veteran/Military rate of interest 7.25percent
VLB provides financing on tracts as much as $150,000 with the absolute minimum five % advance payment and a fixed-rate 30-year loan term. The five per cent advance payment is susceptible to credit approval. Continue reading “This system is not hard to utilize and provides Texas Veterans and Military users exclusive financing towards the purchase of one’s own bit of Texas.”