Need an appraisal for an FHA-backed mortgage? Call James Make & Associates
Rest assured that James Make & Associates is an FHA-certified appraisal service in TX. If you have an FHA-mortgage, be sure to contact James Make & Associates, as we are approved and qualified to perform FHA appraisals. A portion of the regular training our staff at James Make & Associates completes deals exclusively with understanding the FHA's documentation and their rules and procedures.
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). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. Applicable to all buyers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those purchasers with less accessible funding.