James Make & Associates

Rest assured that James Make & Associates is an FHA-approved appraisal service in TX. James Make & Associates is qualified and approved to do reports for FHA secured loans. A portion of the regular training our staff at James Make & Associates completes deals precisely with decoding the FHA's documentation and their rules and procedures.

Be sure to contact James Make & Associates if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and requirements for lenders that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lesser income or less starting funds to put down on a mortgage are assisted the most from FHA loan programs.