Eligibility Requirements
To be
eligible to participate in the Texas Veterans Loan
Programs, an applicant must:
Have served no fewer than
90 continuous days on active duty (including active
duty for training) in the Army, Navy, Air Force, Marines,
Coast Guard or United States Public Health Service
(unless discharged sooner by reason of a service-connected
disability), or a reserve component of one of the
listed branches of service; OR have enlisted or received
an appointment in the Texas National Guard after completing
all initial active duty training requirements as a
condition of enlistment or appointment; OR have completed
20 years in a reserve component so as to be eligible
for retirement.
Have served after September 16, 1940. (For housing
or home improvement loans, certain interest rate incentives
may be available to Texas veterans who served on active
duty prior to January 1, 1977, and who have been discharged
from active duty less than 30 years.)
Not have been dishonorably discharged. A person who
has been discharged from the branch of the service
in which the person served or from the Texas National
Guard is considered not to have been dishonorably
discharged if the person: (1) received an honorable
discharge; (2) received a discharge under honorable
conditions; or (3) received a discharge and provides
evidence from the United States Department of Veterans
Affairs, its successor, or other competent authority
that indicates that the character of the person's
discharge has been determined to be other than dishonorable.
Have listed Texas as the home of record at the time
of entry into the military OR must have been a legal
resident of Texas for at least twelve consecutive
months immediately prior to filing an application.
The applicant must also be a bona fide resident of
Texas at the time the application is made. (A "bona
fide resident" is someone who is living in Texas
with the intent to remain in Texas.) Presence in Texas
due solely to military service may not establish bona
fide residency.
Have successfully repaid any previous Texas Veterans
Land Board (VLB) loan. A loan is considered repaid
when the account has been paid in full by the original
veteran purchaser or last approved assignee. Any other
active VLB loans in programs other than the one for
which application is being made must be in good standing.
Veterans are entitled to have only one loan in each
VLB program at the same time.
NOTE: The unmarried, surviving spouse of a Texas veteran
who is missing in action, or who died in the line
of duty, or died from a service-connected cause may
be eligible to participate in the programs. The veteran's
home of record must have been Texas at the time of
entry into the military, OR the veteran must have
been a legal resident of Texas at the time of death.
The Texas Veteran Eligibility
Chart is designed to give preliminary indication of
whether the applicant may be eligible to participate
in VLB programs. Final determination must be made
by the VLB from supporting documentation submitted
by the applicant with a certification application.
The VLB will determine eligibility
in terms of service in the Armed Forces and residency
in the state of Texas.
All VLB loans are subject
to credit approval.
