Need an appraisal for an FHA-backed mortgage? Call Bain & Associates, Inc.

Bain & Associates, Inc. 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 reports for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Bain & Associates, Inc. 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 guaranteed by the Federal Housing Administration, which is part of the United States 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 insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to help low-to-moderate income buyers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely beneficial to those purchasers with less accessible funding.