Texas VLB vs VA Loan

[Account Closed]

I have spoken with three separate lenders and have been told different things. Does anyone have experience with using the TX VLB to purchase property in TX (either a sfh or a mfh)? Is this loan separate of the traditional VA loan and therefore does not require remaining eligibility under the VA entitlement or must a person still have VA entitlement to use this? Thanks in advance!

[Nicholas Covington]

@Account Closed yes TX VLB is separate from a traditional VA loan. One is funded by the bank and backed by the VA and the VLB is funded by the Land Board. From my knowledge and what I have read is that the TX VLB does not rely on entitlement as it tech not tied to the VA.