Finley Appraisals, LLC is ready for your FHA mortgages

The FHA retains of approved appraisers for each state - Finley Appraisals, LLC is on the roster of approved appraisers for TX. Finley Appraisals, LLC is certified and approved to do appraisal reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Finley Appraisals, LLC is well-trained on how to comply with the rules and regulations provided.

If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and necessities for lenders that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are excessively helpful to consumers with less starting income.