Need an appraisal for an FHA-backed mortgage? Call Farrell Realty Advisors

Rest assured that Farrell Realty Advisors is an FHA-certified appraisal provider in TX. Farrell Realty Advisors is certified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers 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. Purchasers with lesser income or less starting funds to use as a down-payment on a mortgage are assisted the most from FHA loan programs.