Need an appraisal for an FHA-backed mortgage? Call Southmost Realty Appraisals & Consultants

The FHA maintains the rolls of approved appraisers for each state - Southmost Realty Appraisals & Consultants is on the roster of approved appraisers for Texas.  This indicates that we are qualified and approved by the FHA to do appraisals for property loans insured by them. A portion of the regular training our staff at Southmost Realty Appraisals & Consultants undergoes deals precisely with understanding the FHA's documentation and their rules and procedures.

If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

If your financial transaction is FHA certified, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the financing - the FHA simply backs the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Applicable to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Remember, the FHA differs from the VA appraiser panel in that the lender can choose the appraiser.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are incredibly beneficial to those buyers with less available funding.