Need an appraisal for an FHA-backed mortgage? Call Feldman AppraisalThe FHA maintains of approved appraisers for each state - Feldman Appraisal is on the roster of approved appraisers for TX. If you have an FHA-loan, be sure to hire Feldman Appraisal, as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all buyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a loan benefit the most from FHA loan programs. |