Appraiser SP, LLC is your FHA certified appraisal companyRest assured that Appraiser SP, LLC is an FHA-certified appraisal practice in TX. This means that we are certified and approved by the FHA to do appraisals for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Appraiser SP, LLC is well-trained on how to comply with the rules and regulations provided. Be sure to contact Appraiser SP, LLC if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those purchasers with less accessible cash. |