Need an appraisal for an FHA-backed mortgage? Call Ramey Realty ServicesRest assured that Ramey Realty Services is an FHA-approved appraisal firm in TX. This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans insured by them. A certain amount of the periodic training our staff at Ramey Realty Services receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Ramey Realty Services if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is backed by them. The lending company takes care of all the money in the loan; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. Available to all homebuyers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting funds to use as a down-payment on a loan are assisted the most from FHA loan programs. |