Ray Balentine can do FHA workRay Balentine is TX state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to contact Ray Balentine, as we are approved and certified to handle FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all purchasers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are acutely beneficial to purchasers with less starting capital. |