Scott Tankersley is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Scott Tankersley is on the roster of approved appraisers for TX. We're qualified and approved to do appraisals for FHA secured loans. A certain amount of the regular training our staff at Scott Tankersley completes deals strictly with decoding the FHA's documentation and their rules and procedures. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. 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 loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. Available to all buyers, FHA loan programs are designed to aid 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 money to put down on a mortgage are helped the most from FHA loan programs. |