Need an appraisal for an FHA-backed mortgage? Call KRR AppraisalsRest assured that KRR Appraisals is an FHA-approved appraisal provider in TX. This indicates that we are certified and approved by the FHA to do appraisals for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at KRR Appraisals is well-trained on how to comply with the rules and regulations provided. Be sure to contact KRR Appraisals if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. Applicable 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. The loan programs that the Federal Housing Administration provides are incredibly beneficial to consumers with less starting income. |