These new resources are designed to help answer common questions and streamline the borrowing process for local veterans, publishes texasvaloancenter.org

Spring, TX -- (SBWire) -- 12/11/2015 --According to the United States Department of Veterans Affairs, 1,680,418 veterans resided in Texas as of September of last year. With the real estate market currently experiencing a resurgence across the nation, a growing portion of those service men and women are revisiting their home ownership options. In consideration of this development, Gerry Nicodemus of AMCAP Mortgage - NHB has launched the lending firm's newly updated directory of VA home loan information.

Nicodemus affirmed, "Our nation's VA loan was established back in 1944 to aid members of our Armed Forces in making home purchases. Since that time, it has helped more than 18 million realize the American dream of home ownership. Rather than actually lending money itself, the VA guarantees loans for approved lenders like us. This lowers default risks and reduces the costs of backing on our end of the process; in turn, we are able to pass the multiple resulting savings and advantages along to eligible service members. Our revised website dedicated to this aspect is designed to help potentially qualified applicants better understand the details of the program."

Qualifications cover a broad range of service men and women active in branches of the Armed Forces following World War II. Applicants must be able to present a Certificate of Eligibility obtainable through the VA. While the Department of Veterans Affairs does not specify a minimum credit score in its eligibility guidelines, AMCAP Mortgage typically uses 620 as the company's baseline with certain extenuating factors also taken into consideration.

Although primary loan entitlements are currently set at $36,000, supplemental amounts may be available. Additional benefits of these loans include no down payment requirement, lower interest rates and associated fees as well as greater term flexibility. As is the case with any home loan, applicants must also meet income specifications and certain other prerequisites in order to be deemed eligible.

Concluded Nicodemus, "Our FAQ section answers the basic question of just what is a VA home loan, but far more in-depth details are also offered. We provide a wealth of information geared toward our veterans to help explain this specific program as well as the intricacies of home ownership in general. We hope the resources we've launched will help clear up any confusion and streamline the process for members of the Armed Forces in our area. For any concerns not addressed, or to apply, our website, phone lines and doors are always open."

About AMCAP Mortgage - NHB
With offices in Texas, Colorado, New Mexico, Utah, North Dakota and Pennsylvania, as well as licenses to conduct business in four additional states, AMCAP Mortgage strives to provide the highest level of customer service via the company's diverse team of professionals from various branches of the lending sector.