Need an appraisal for an FHA-backed mortgage? Call James Make & Associates

The FHA retains of approved appraisers for each state - James Make & Associates is on the roster of approved appraisers for TX. James Make & Associates is certified and approved to do appraisal reports for FHA insured loans. A portion of the regular training our staff at James Make & Associates undergoes deals exclusively with understanding 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.

An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and requirements for lending agencies that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lower income or less starting funds to put down on a loan are helped the most from Federal Housing Administration loan programs.