Need an appraisal for an FHA-backed mortgage? Call Oak Appraisal Group LLCWe assure you that Oak Appraisal Group LLC is an FHA-approved appraisal company in TX. If you have an FHA-loan, be sure to get with Oak Appraisal Group LLC, as we are approved and qualified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Oak Appraisal Group LLC if you need an appraisal done for an FHA-secured 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 loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to aid low-to-moderate income buyers help meet credit expectations if 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. FHA loan programs are incredibly beneficial to those buyers with less available starting capital. |