Need an appraisal for an FHA-backed mortgage? Call ATX Appraisals

The FHA retains of approved appraisers for each state - ATX Appraisals is on the roster of approved appraisers for TX. This indicates that we are qualified and approved by the FHA to do appraisal reports for property loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your house loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all buyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

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 excessively beneficial to buyers with less starting income.