is Texas state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-loan, be sure to contact REV (REAL ESTATE VALUATION), as we are approved and certified to produce FHA appraisals.
FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at REV (REAL ESTATE VALUATION) is well-trained on how to follow the rules and regulations provided.
An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD).
The lender takes care of all the money in the loan - the FHA simply backs the loan with mortgage insurance in case the borrower defaults on his or her loan.
The FHA and their loan programs are built to benefit low-to-moderate income homebuyers by easing credit qualifications.
Remember that the lender working with the the Federal Housing Administration is allowed to choose their appraisers, different from VA appraisal panel.
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 cash.
