Need an appraisal for an FHA-backed mortgage? Call ESTC Appraisal ServicesESTC Appraisal Services is TX state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to get with ESTC Appraisal Services, as we are approved and qualified to handle FHA reports. Part of the regular training our staff at ESTC Appraisal Services completes deals precisely with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. 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 secured by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those purchasers with less accessible cash. |