Need an appraisal for an FHA-backed mortgage? Call North Texas Appraisal NetworkRest assured that North Texas Appraisal Network is an FHA-certified appraisal service in TX. We are certified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the continuing training our staff at North Texas Appraisal Network receives deals exclusively with decoding the FHA's documentation and their rules and procedures. Be sure to contact North Texas Appraisal Network if you need an appraisal done for an FHA-secured loan. If your house loan is FHA certified, that means that it has been secured by the FHA, which is part of the United States 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 mortgage is insured in case the borrower doesn't pay their loan. Available to all purchasers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements 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 provides are extremely helpful to buyers with less starting capital. |