Need an appraisal for an FHA-backed mortgage? Call Chandler AppraisalsThe FHA keeps a roster of approved appraisers for each state - Chandler Appraisals is on the roster of approved appraisers for TX. If you have an FHA-loan, be sure to hire Chandler Appraisals, as we are approved and certified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Chandler Appraisals is well-trained on how to follow the rules and regulations provided. Be sure to contact Chandler Appraisals if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications 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. Buyers with lesser income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs. |