Need an appraisal for an FHA-backed mortgage? Call Appraisal ConsultantsRest assured that Appraisal Consultants is an FHA-approved appraisal provider in TX. This indicates that we are certified and approved by the FHA to do reports for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Appraisal Consultants is well-trained on how to follow the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is underwritten by them. The lending organization takes care of all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Applicable to all consumers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting money to use as a down-payment on a mortgage are helped the most from FHA loan programs. |