Need an appraisal for an FHA-backed mortgage? Call Merit Real Estate Appraisal, LLCMerit Real Estate Appraisal, LLC is TX state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisals for property loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply backs the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all consumers, FHA loan programs are created to help 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. FHA loan programs are particularly beneficial to those consumers with less available funding. |