Need an appraisal for an FHA-backed mortgage? Call Anderson Appraisal, LLC
Rest assured that Anderson Appraisal, LLC is an FHA-approved appraisal provider in TX. If you have an FHA-insured mortgage, be sure to get with Anderson Appraisal, LLC, as we are approved and qualified to perform FHA reports. Part of the periodic training our staff at Anderson Appraisal, LLC receives deals precisely with decoding 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.
An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are formed to benefit low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are exceedingly beneficial to buyers with less starting capital.