is Texas state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-loan, be sure to call Sizemore Appraisal Services, LLC, as we are approved and certified to handle FHA reports.
Part of the continuing training our staff at Sizemore Appraisal Services, LLC receives deals precisely with understanding the FHA's documentation and their rules and procedures.
If your loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD).
No part of the loan is provided by the FHA. What the FHA does is see to it that the mortgage is secure in case the borrower defaults on his or her loan obligations.
The FHA and their loan programs are built to assist low-to-moderate income homebuyers by easing credit expectations.
Different from the VA appraiser panel, the lending organization working with FHA has the freedom to choose the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are extremely beneficial to those purchasers with less accumulated cash.