Need an appraisal for an FHA-backed mortgage? Call Tuttle Residential Appraisal

Tuttle Residential Appraisal 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 appraisals for property loans backed by them. A portion of the regular training our staff at Tuttle Residential Appraisal undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to assist low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly beneficial to those homebuyers with less accumulated funding.