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Follow on Google News | ![]() AMCAP Mortgage - North Houston Branch Rolls Out Revised VA Home Loan Information SiteBy: AMCAP Mortgage - NHB Jason Turner stated, "Our country's VA loan program was created all the way back in 1944 to assist our military personnel attain home ownership. Ever since then, the program has helped over 18 million service men and women realize the American dream of owning a home. Instead of loaning the money, the VA guarantees mortgage loans to authorized mortgage lenders like AMCAP. This reduces default risks and consequently, we're in a position to pass along the savings to our veterans for their service. Our updated site devoted to this important aspect was created to assist eligible applicants have a better understanding of the program." The VA home loan program covers a comprehensive range of personnel active in different branches of the military after World War II. Prospective applicants should be able to get a Certificate of Eligibility from the Veterans Administration. The VA doesn't stipulate a minimum credit score in their qualification requirements. AMCAP Mortgage uses 620 as the benchmark with other variables taken into consideration. Even though the VA entitlements are presently set at $36,000, additional amounts are obtainable. Added advantages include zero down payment, lower interest rates as compared to other loan programs, and restrictions on fees that can be charged to a borrower, in addition to term versatility. Just like any other mortgage loan program, borrowers need to meet income qualifications to become eligible. Mr. Turner states further, "the site's FAQ section not only answers the fundamental question of what a VA home loan entails, but more details are also presented. Our redesigned site offers valuable information for our veterans to help clarify the particulars of a VA home loan program and not to mention, the complexity of owning a home as a whole. Hopefully the site that we've launched helps clarify any misunderstanding about the program and make the process easy for the Veterans locally. If there are any issues that we have not addressed, and also on how to apply, our website, phone lines and doors are always open and available to anyone." About AMCAP Mortgage - NHB: With offices in Arizona, California, Colorado, Idaho, Louisiana, Missouri, North Dakota, New Mexico, Texas, Utah and Virginia, AMCAP Mortgage aims to deliver the highest measure of customer satisfaction through the company's diverse team of professionals from different branches of the lending industry. For more information about us, please visit http://texasvaloancenter.org or check out https://en.wikipedia.org/ End
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