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Home Loans. In 1983, the Legislature created the vlb veterans housing assistance program to assist Texas Veterans and Military Members in purchasing a home. Through this program, eligible Texas Veterans and Military Members have an opportunity to purchase a home with an unbeatable, low-interest loan with little or no money down.
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This program was introduced in 1986 to provide below-market interest rate loans to qualified Texas Veterans for home repairs and improvement to their existing homes. The VLB offers loans up to $50,000.00 for a 2-20-year term or loans from $7,500 – $10,000.00 for a 2-10-year term.Veterans with a VA service-connected disability rating of 30% or.
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