The Texas Veterans Land Board Loan Program Available Through Rocky Mountain Mortgage Company
Rocky Mountain Mortgage Company is proud to help clients sign up for the Texas Veterans Land Board Program Loan Program. This loan program is unique as it is the only one of its kind. It goes as far as providing Texas veterans and military members the opportunity to borrow up to $150,000 to purchase land set at competitive interest rates while requiring a minimum five percent down payment for land measuring in one acre or more. The availability of these loans would not be without the bonds of loan repayments and administrators of the program. Rocky Mountain Mortgage Company is here to determine if you are eligible to sign up and to help establish low-interest rates.
In order to be eligible for this loan program, veterans, military members, and their dependents must be a legal resident of Texas on the date of the application and meet one of the following criteria:
- Active duty military member
- Texas National Guard member
- Reserve component military members having completed
- 20 years for retirement
- A veteran having served at least 90 days of service
- Surviving spouse of a veteran listed as MIA or whose death was service-connected
The Benefits of The Texas Veterans Land Board Program
The Texas Land Board Program provides an extensive list of benefits for all military-related personnel. The loans predominantly cover land, but they also extend to home loans, home improvement loans, SCRA (Servicemembers Civil Relief Act) assistance. This program also offers long-term care that includes medication and therapy, at no extra costs. Funerals are also covered as veterans are guaranteed a resting place. The Texas Land Board Program respects the sacrifices that military families have to make. Rocky Mountain Mortgage Company is here to help give back to all who serve.
Choose Rocky Mountain Mortgage Company to Complete the Application Process
Land loan interest rates are averaged out to 7.25%, but with the help of Rocky Mountain Mortgage Company, we can guide you throughout the application to ensure you reap the best benefits possible. The process consists of credit approval, qualification, finding available plots of land, and is finalized by completing the required documentation. Applying for any loan is made easy when you choose us. Contact us or submit an online application to initiate an abundance of land and care for a lifetime.
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We have helped more than 26,000 El Paso families realize their dream of HOMEOWNERSHIP.
We have helped more than 26,000 El Paso families realize their dream of HOME OWNERSHIP.