Logos Valuations is ready for your FHA workWe confidently state that Logos Valuations is an FHA-certified appraisal practice in TX. If you have an FHA-insured mortgage, be sure to contact Logos Valuations, as we are approved and certified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Logos Valuations is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Logos Valuations if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Available to all homebuyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lesser income or less starting funds to use as a down-payment on a mortgage are helped the most from FHA loan programs. |