S.R. Yates Real Estate, Inc. is ready for your FHA appraisalsS.R. Yates Real Estate, Inc. is TX state certified and on the FHA Roster of approved residential appraisers. S.R. Yates Real Estate, Inc. is certified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at S.R. Yates Real Estate, Inc. is well-trained on how to comply with the rules and regulations provided. Be sure to contact S.R. Yates Real Estate, Inc. if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply insures the loan 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-backed financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers 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. The loan programs that the Federal Housing Administration offers are extremely beneficial to buyers with less starting income. |