AMCAP Mortgage Publishes New Guide to FHA 203(b) Loan Requirements

SPRING, Texas - May 10, 2016 - PRLog -- The North Houston Branch of AMCAP Mortgage published an informative new guide to FHA 203(b) home loan requirements. While millions of Americans have made fruitful use of this important Federal Housing Administration program, confusion as to the associated standards and qualifications is still unfortunately common. Available now at http://thetexasmortgagepros.com, the new AMCAP Mortgage guide to 203(b) FHA loan requirements lays out in simple, clear terms everything that borrowers will need to know. Voted the Best Mortgage Lender in Texas, AMCAP Mortgage regularly helps educate borrowers about such important topics.

"Mortgages that are insured under the FHA 203(b) program make it possible for many American families to buy and own a home," said Jason Turner, Director of the AMCAP Mortgage North Houston Branch, "While many people in the area are eligible to participate in this program, quite a few express confusion regarding the requirements. The fact is that 203(b) mortgages are a lot easier to understand than is commonly believed, as our brand new guide to the subject shows. We're glad to be able to provide this important resource to the community and we encourage anyone with questions to get in touch."

Since its creation in the middle of the Great Depression in 1934, the Federal Housing Administration has insured more than 40 million American mortgages. The FHA oversees several distinct programs of this sort, providing help to disaster victims under its 203(h) rules, for example, and supporting those in need of home renovations with its 203(k) activities.

The agency's most important efforts, though, are those governed by the 203(b) Basic Mortgage Home Loan regulations. Aimed at making it easier for the average American family to acquire financing for a principal residence, the program is the FHA's most popular and widely used of all.

This is not to say that every American will be able to participate in the program, however, with certain basic requirements needing to be met in every case. As the new AMCAP Mortgage - North Houston Branch guide shows in a straightforward, clear-cut fashion, though, coming up to speed with these issues is not difficult to do.

As one of the state's leading home loan specialists, the North Houston Branch of AMCAP Mortgage regularly provides important advice and assistance of this kind to clients. The helpful new guide to FHA 203(b) loan requirements is available now at the company's website. Visitors to the site will find a wide range of equally useful resources and are invited to submit any questions they might have directly to AMCAP Mortgage experts.

About AMCAP Mortgage - North Houston Branch: Voted the Best Mortgage Lender in Texas by highly satisfied clients, AMCAP Mortgage (http://thetexasmortgagepros.com/fha-loan-requirements) combines in-depth home-loan experience with a dedication to helping each borrower find the best possible financing solution.