Renovating Your House
What is it?
The Texas Veterans Land Board (VLB) will lend eligible Texas veterans up to $25,000 for up to 20 years on a fixed-rate note to make substantial repairs to their existing primary residence. No down payment is required. For loans of $10,000 or less, the maximum term of the loan will be 10 years. All loans are FHA-insured. Veterans with qualifying service-connected disabilities may be eligible for an interest rate reduction.
Who qualifies?
Each case is unique and for the most up-to-date eligibility requirements, please check the VLB website here.
How to get it?
Please visit the Texas Veterans Land Board website to see how to apply for this loan: http://www.glo.texas.gov/vlb/veterans-benefits/veteran-loans/home-improvement/index.html
