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Need an appraisal for an FHA-backed mortgage? Call Elite Appraisal Services

Elite Appraisal Services is TX state certified and on the FHA Roster of approved residential appraisers. Elite Appraisal Services is certified and approved to do appraisal reports for FHA insured loans. A portion of the periodic training our staff at Elite Appraisal Services undergoes 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 house loan is FHA approved, 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 lender takes care of all the loaned money; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all consumers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely beneficial to those buyers with less accumulated starting capital.