In 1983, the Legislature created the VLB Veterans Housing Assistance Program (VHAP), to aid Texas Veterans in purchasing a home. Eligible Texas Veterans have an opportunity to purchase a home with a competitive, low-interest loan with little or no down-payment. Veterans, military members and their spouses may receive up to $100,000 to build/buy a new home – with only $5,000 down.

To qualify, homes must meet the following requirements:

• Home must be the veteran’s primary residence in Texas
• Home must be a single family attached or detached home, town home or condominium
• Duplexes or other multi-family units must have been constructed at least five years prior to the closing date of the loan
• New homes must have either ENERGY STAR certification or HERS Index score of 75 or less
• The home must remain as the veteran’s primary residence for at least three years, and the Veteran borrower must occupy the home within 60 days after loan closing.

The VLB home loan program provides Veterans with loans, where VLB is in first lien position of the primary residence.  It’s possible for a veteran to have one active loan in each program — land, home, and home improvement — at the same time.

Texas Veterans Land Board

Research Department
1 Corporate Dr., Suite 360
Lake Zurich, IL  60047-8945

Banking Mason since 1901

The Commercial Bank is locally owned and independent from all other banks. Our goal is to keep our depositors’ funds safe, offer convenient services, and be the most competitive local resource for loans. We invest our customers’ deposits in loans to people who have a stake in our community.

The bank seeks to finance real estate, agricultural and commercial operations, and consumer purchase loans. Our lending staff is equipped to make very timely decisions.

Our customers and staff are our most valuable asset. Therefore, relationships are crucial to us. We want our customers to have “the bank of a lifetime,” and we want customers for life.

Small town banking is alive and well at The Commercial Bank. Our staff is always available to serve our customers. We strive to make banking easy for you while giving you fast courteous service.

The Commercial Bank

100 Moody Street
P.O. Box 40, Mason, Texas 76856
Call – 325-347-6324
Fax 325-347-5960

Capital Farm Credit is not just a farm and ranch lender. We also have a Home Loan Department. Home loan specialists located throughout our territory offer expertise in financing your home in the country.

We offer:

• Flexible rates and terms
• Purchase loans
• Construction loans
• Refinance loans
• Second-home loans
• Investment home loans
• FHA loans
• Financing inside or outside city limits

Advantages:

• Large acreage accepted
• Competitive rates
• Reasonable fees

Capital Farm Credit, ACA (#493828) is in compliance with the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act). Part of our compliance activities includes registering Mortgage Loan Originators (MLO) with the National Mortgage Loan System’s registry (Registry).

Mason Office

431 Ft McKavitt St
P.O. Box 1749
Mason, TX 76856
Toll-Free – 877-959-5500
Call – 325-347-6653