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Home » Helping Veterans Purchase Land in Texas

Helping Veterans Purchase Land in Texas

June 1, 2013 by Michael Barcelo

The Texas Vet Land Board has allowed qualified Vets to borrow up to $125,000 for land purchases.

Qualified Veterans can purchase land with as little as 5% down and up to 30 yrs fixed rate of today at 6.75%.

Credit Requirements:

There are no income requirements for VLB loans, however, as with any mortgage, there are credit qualification requirements. Application approval is based on the veteran’s credit-worthiness, which is determined by checking your credit score and confirming that it is in the desired range. Credit scores can be as low as 620 to qualify, however higher scores make it more likely that you will be approved.

Be sure to ask your financing professional for credit repair options if you do not yet have the credit score to meet the minimum requirement for a VLB loan. In many cases, it can be improved enough to qualify in a matter of a few months depending on the starting score and the specific entries on your credit report.

Please call us today and one of our salesman can assist you with any questions you may have about a VA Loan.

Filed Under: Owner Financed Ranches in Texas

Michael Barcelo, Owner

Michael BarceloWorried about credit? Don't be. We can help you buy land even if you have bad credit or no credit at all. Since we own all our properties, we offer our own financing - no bank required. I'm Michael Barcelo, and I've spent 30 years in land development helping folks just like you become landowners. We're ready to work with you to make your dream of owning Texas land a reality.

We help you find your dream property

Ready to own your piece of Texas? We can help make it happen with owner financing. We offer beautiful properties perfect for hunting and outdoor recreation across the Texas Hill Country and South Texas. Our team knows these lands inside and out and will work with you to find the right property that fits your needs and budget.

Learn more about Texas Owner Finance Ranches and what separates the Barcelo's from the competition.

Michael Barcelo
P.O. Box 290734
Kerrville, Texas 78028
Call 830-377-7965
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