Need an appraisal for an FHA-backed mortgage? Call 806 APPRAISALS LLCWe assure you that 806 APPRAISALS LLC is an FHA-approved appraisal provider in TX. If you have an FHA-loan, be sure to contact 806 APPRAISALS LLC, as we are approved and qualified to handle FHA reports. A portion of the ongoing training our staff at 806 APPRAISALS LLC completes deals precisely with understanding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is secured by them. The FHA does not provide funds to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to aid low-to-moderate income consumers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting money to put down on a mortgage are helped the most from FHA loan programs. |