Deep East Texas Appraisal Services is available for your FHA loans

The FHA keeps a roster of approved appraisers for each state - Deep East Texas Appraisal Services is on the roster of approved appraisers for TX. Deep East Texas Appraisal Services is qualified and approved to do reports for FHA secured financial transactions. A certain amount of the continuing training our staff at Deep East Texas Appraisal Services completes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

If your financial transaction is FHA certified, that means that the loan 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 lenders with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all homebuyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting capital to use as a down-payment on a financial transaction are assisted the most from FHA loan programs.