Anderson Appraisal, LLC is your FHA certified appraisal company
Rest assured that Anderson Appraisal, LLC is an FHA-approved appraisal firm in Texas. If you have an FHA-mortgage, be sure to hire Anderson Appraisal, LLC, as we are approved and certified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of an 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 organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all purchasers, FHA loan programs are made 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. Buyers with lower income or less starting capital to put down on a mortgage benefit the most from FHA loan programs.