Need an appraisal for an FHA-backed mortgage? Call Burton Appraisal Group, LLC (915) 449-8855

Burton Appraisal Group, LLC (915) 449-8855 is TX state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Burton Appraisal Group, LLC (915) 449-8855 is well-trained on how to comply with the rules and regulations provided.

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 financial transaction is an FHA-insured loan, it means it is underwritten by them. No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. Available to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

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 particularly useful to those purchasers with less accumulated starting capital.