Need an appraisal for an FHA-backed mortgage? Call Marley SmartThe FHA maintains of approved appraisers for each state - Marley Smart is on the roster of approved appraisers for TX. If you have an FHA-secured loan, be sure to call Marley Smart, as we are approved and qualified to produce FHA reports. Part of the continuing training our staff at Marley Smart completes deals exclusively with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured 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 loan is an FHA-secured loan, it means it is insured by them. The FHA does not provide funds to borrowers, rather, it provides lenders with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting money to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs. |