Need an appraisal for an FHA-backed mortgage? Call Bodine Appraisal ServicesThe FHA retains of approved appraisers for each state - Bodine Appraisal Services is on the roster of approved appraisers for Texas. We're certified and approved to do appraisals for FHA secured loans. Part of the ongoing training our staff at Bodine Appraisal Services completes deals exclusively with understanding the FHA's documentation and their rules and procedures. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all buyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not meet requirements 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. FHA loan programs are incredibly helpful to those consumers with less accessible funding. |