Need an appraisal for an FHA-backed mortgage? Call Appraisal Professionals

Rest assured that Appraisal Professionals is an FHA-approved appraisal company in TX. This indicates that we are certified and approved by the FHA to do appraisals for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisal Professionals is well-trained on how to follow the rules and regulations provided.

Be sure to contact Appraisal Professionals if you need an appraisal done for an FHA-secured loan.

If your home loan is FHA approved, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are designed to assist low-to-moderate income homebuyers help meet credit expectations 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 FHA provides are exceedingly useful to buyers with less starting income.