Q.1
Which type of loans does the VLB offer?
Land loans
Home loans
Home-improvement loans
All of the above
Q.2
True or false? An active-duty military member can qualify for a VLB loan.
True
False
Q.3
A veteran can finance the purchase of which of these properties with a VLB home loan?
Primary residence in Texas
Commercial real estate
Vacation home
Primary residence in another state
Q.4
True or false? A veteran using a VLB home loan must move into the residence within 60 days of closing.
True
False
Q.5
True or false? A VLB home loan can only fund the purchase of a single-family home.
True
False
Q.6
How much can a veteran borrow using a VLB home-improvement loan?
$50,000
$100,000
$150,000
$200,000
Q.7
True or false? The VLB land-loan program requires a minimum purchase of one acre.
True
False