Need an appraisal for an FHA-backed mortgage? Call Appraisal Resource Texas

Rest assured that Appraisal Resource Texas is an FHA-certified appraisal company in TX. If you have an FHA-secured loan, be sure to contact Appraisal Resource Texas, as we are approved and certified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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 financial transaction is an FHA loan, it means it is insured by them. The lending organization provides all the finances; the FHA simply backs the loan with mortgage insurance in case the borrower defaults on his or her loan. Applicable to all homebuyers, FHA loan programs are formed to assist 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. The loan programs that the Federal Housing Administration offers are extremely useful to consumers with less starting income.