David Clayton Appraisals is your FHA certified appraisal companyWe confidently state that David Clayton Appraisals is an FHA-approved appraisal firm in TX. If you have an FHA-insured loan, be sure to contact David Clayton Appraisals, as we are approved and qualified to handle FHA appraisal reports. Part of the periodic training our staff at David Clayton Appraisals undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact David Clayton Appraisals if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly useful to those consumers with less accumulated cash. |