Need an appraisal for an FHA-backed mortgage? Call Jencks Appraisal Services, LLCThe FHA publishes a list of approved appraisers for each state - Jencks Appraisal Services, LLC is on the roster of approved appraisers for TX. We are qualified and approved to do appraisals for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your property loan is FHA approved, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to assist low-to-moderate income buyers help meet credit expectations if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser income or less starting funds to use as a down-payment on a financial transaction benefit the most from FHA loan programs. |