The FHA retains a list of approved appraisers for each state - Gautreaux Appraisal Services, LLC. is on the roster of approved appraisers for Texas.
We're qualified and approved to do appraisal reports for FHA insured financial transactions.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
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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 FHA does not loan money to borrowers. Rather, it provides lenders with safety with mortgage insurance in case the borrower defaults on his or her financial obligations.
The FHA and their loan programs are built to benefit low-to-moderate income purchasers by easing credit qualifications.
Remember, the FHA is different from the VA appraiser panel in that the lending organization can choose the appraisal company.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
The loan programs that the FHA offers are invaluable to purchasers with less starting income.