Need an appraisal for an FHA-backed mortgage? Call Young Appraisal Company, Inc.Rest assured that Young Appraisal Company, Inc. is an FHA-approved appraisal firm in TX. If you have an FHA-secured loan, be sure to get with Young Appraisal Company, Inc., as we are approved and qualified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Young Appraisal Company, Inc. is well-trained on how to follow the rules and regulations provided. Be sure to contact Young Appraisal Company, Inc. if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is insured by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are formed to aid low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting funds to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs. |