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Loan Discounts


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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.

star 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 compensable 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.

star 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.

star Called up? We can help...

Texas Reservists and National Guard troops called to active duty in support of Operation Iraqi Freedom have one less thing to worry about if their home or home improvement loan is through the VLB.  The VLB has a special way to help.  Learn More

Links to Additional Resources

External Links


Contacts

VLB Help Line
1.800.252.VETS (8387)
512.463.5060
VLB Help Line