Need an appraisal for an FHA-backed mortgage? Call Carley Appraisals

We assure you that Carley Appraisals is an FHA-certified appraisal service in Texas.  This means that we are qualified and approved by the FHA to do reports for property loans insured by them. A certain amount of the periodic training our staff at Carley Appraisals undergoes deals strictly 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.

If your house 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 provide funds to borrowers. Rather, it provides lending organizations with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income borrowers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to assist credit-worthy buyers get approved for mortgages that they otherwise would not. Remember that the lending agency working with the the FHA is able to choose their appraisers, unlike the VA appraisal panel.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those consumers with less accumulated cash.