David Park is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - David Park is on the roster of approved appraisers for TX. If you have an FHA-secured loan, be sure to contact David Park, as we are approved and qualified to perform FHA appraisal reports. Part of the ongoing training our staff at David Park undergoes deals strictly with decoding the FHA's documentation and their rules and procedures. Be sure to contact David Park if you need an appraisal done for an FHA-secured loan. If your house loan is FHA approved, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting money to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs. |