Sarah Kate DuffordRest assured that Sarah Kate Dufford is an FHA-approved appraisal firm in TX. We're certified and approved to do appraisals for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Sarah Kate Dufford is well-trained on how to follow the rules and regulations provided. Be sure to contact Sarah Kate Dufford if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and qualifications for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are incredibly beneficial to purchasers with less starting capital. |