North Texas Appraisal Review can do FHA loans

Rest assured that North Texas Appraisal Review is an FHA-certified appraisal practice in TX. We are certified and approved to do appraisals for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at North Texas Appraisal Review is well-trained on how to comply with the rules and regulations provided.

If your house loan is FHA certified, that means that it has been secured 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 security through mortgage insurance in case the borrower does not pay his or her loan obligations. Applicable to all buyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs.