Need an appraisal for an FHA-backed mortgage? Call Anderson Appraisal, LLC
The FHA publishes a list of approved appraisers for each state - Anderson Appraisal, LLC is on the roster of approved appraisers for TX. If you have an FHA-secured mortgage, be sure to get with Anderson Appraisal, LLC, as we are approved and certified to perform FHA appraisal reports. A portion of the regular training our staff at Anderson Appraisal, LLC undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures.
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 agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. The lender provides all the finances; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to help low-to-moderate income purchasers help meet credit expectations if they otherwise would not.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely beneficial to those homebuyers with less accessible funding.