With mortgage rates still low, now is an especially opportune time for veterans to purchase or refinance a home in Texas, according to the North Houston Bureau of AMCAP Mortgage LTD. Between some appealing — VA home loan options and others particular to the state, like the support offered by the Texas Veterans Land Board, Texans who have served in the armed forces have some options of notably attractive kinds. Particularly insofar as mortgage rates are now near all-time lows, learning about VA home loan requirements and other topics at AMCAP Mortgage's veteran-specific website could prove to be valuable.
"Mortgage rates are once again hovering near their record lows, and that means home financing of all kinds is more affordable than just about ever before," AMCAP Mortgage - NHB representative Jason Turner said, "While home buyers and homeowners of all kinds have some great options to look into, veterans are often the best positioned of all to take advantage of these attractive rates. In addition to the options that others have, many veterans will be eligible to work with VA home loan lenders and other sources of veteran-focused financing. With so many appealing options to look into, we encourage all veterans to learn more at the website we created just for them."
Best known today as the "G.I. Bill," the Servicemen's Readjustment Act passed by Congress in 1944 was meant to help the nation's returning veterans transition back to civilian life as the end of World War II drew closer. In addition to providing tuition and unemployment support that tens of millions of veterans have made use of since, the G.I. Bill also allowed for government insurance of mortgage loans taken out by former service members.
In its present form, the program stands as one of the most generous and accessible of its kind. By enabling borrowers to do away with the private mortgage insurance often required for other forms of home financing, for example, home loans guaranteed by the VA can make buying a home much more practical for veterans. Many former service members in Texas also have other special options, as with the Veterans Land Board loans and property sales that have provided so much value to veterans over the years.
All of these options and others are detailed fully at a special website created, maintained, and updated for Texas veterans by the North Houston Bureau of AMCAP Mortgage, a VA-approved lender. With mortgage interest rates now near historic lows, there has rarely been a better time for veterans to learn about or make use of their home financing options.
About AMCAP Mortgage - NHB:
With a consistent commitment to educating clients about their options, AMCAP Mortgage - NHB helps Texas home buyers and homeowners find the financing that makes the most sense.
Release ID: 122799