Need an appraisal for an FHA-backed mortgage? Call Anderson Appraisal, LLC

Anderson Appraisal, LLC is Texas state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do reports for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Anderson Appraisal, LLC if you need an appraisal done for an FHA-secured loan.

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 financial transaction is an FHA loan, it means it is secured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not.

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 FHA offers are incredibly helpful to purchasers with less starting capital.