Veterans can purchase land for 5% down
(March 5, 2014—Austin, TX) SouthStar Communities is the largest single producer of land loans for veterans th
rough the Texas Veteran Land Board (TVLB), an organization that helps Texas veterans achieve land ownership with low-interest, long-term land loans for just 5% down, the lowest in the state. SouthStar grossed 39 homesite sales that qualified for TVLB loan financing in 2013, reflecting over $2.9 million in volume.
“SouthStar Communities prides itself in having land professionals who are experts in TVLB financing,” said Thad Rutherford, Chief Operating Officer of SouthStar Communities. “We have a history of supporting veterans in all of our communities across Texas and we love having veterans as neighbors. In fact, our Vintage Oaks community in New Braunfels is the largest selling community for Texas Veteran Land Board loans in the state.”