Box & Associates, Inc. can do FHA loans

Box & Associates, Inc. is Texas state certified and on the FHA Roster of approved residential appraisers.  If you have an FHA-secured loan, be sure to get with Box & Associates, Inc., as we are approved and qualified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Box & Associates, Inc. is well-trained on how to follow the rules and regulations provided.

If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

If your house loan is FHA certified, that means that it has been secured by the FHA, which is a branch 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 see to it that the mortgage is insured in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Different from the VA appraiser panel, the lending organization working with FHA has the freedom to select the appraiser.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower incomes or less starting money to use as a down-payment on a loan benefit the most from Federal Housing Administration loan programs.