Anderson Appraisal, LLC is approved for FHA backed loans

The FHA publishes a roster of approved appraisers for each state - Anderson Appraisal, LLC is on the roster of approved appraisers for Texas. This indicates that we are qualified and approved by the FHA to do reports for house loans insured by them. A certain amount of the continuing training our staff at Anderson Appraisal, LLC receives deals exclusively with decoding the FHA's documentation and their rules and procedures.


	If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA. What the FHA does is ensure that the loan is taken care of in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit the most from FHA-secured loan programs. The purpose of the Federal Housing Administration is to aid credit-worthy families and individuals get approved for mortgages that they otherwise would not. Unlike the VA appraiser panel, the lending agency working with Federal Housing Administration is allowed to choose the appraiser.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are lifesavers to consumers with less starting income.