Need an appraisal for an FHA-backed mortgage? Call JBH Appraisals, LLCThe FHA maintains of approved appraisers for each state - JBH Appraisals, LLC is on the roster of approved appraisers for TX. This means that we are qualified and approved by the FHA to do reports for home loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact JBH Appraisals, LLC if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is secured by them. The FHA does not loan capital to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all consumers, FHA loan programs are created to aid 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. The loan programs that the FHA provides are incredibly beneficial to buyers with less starting capital. |