Need an appraisal for an FHA-backed mortgage? Call Appraisal Professionals
The FHA maintains of approved appraisers for each state - Appraisal Professionals is on the roster of approved appraisers for TX. We're qualified and approved to do appraisals for FHA secured financial transactions. Part of the regular training our staff at Appraisal Professionals undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.
If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.
If your house loan is FHA certified, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit requirements if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are acutely useful to purchasers with less starting income.