Anderson Appraisal, LLC
Anderson Appraisal, LLC is TX state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Anderson Appraisal, LLC is well-trained on how to follow the rules and regulations provided.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are exceedingly beneficial to buyers with less starting capital.