Need an appraisal for an FHA-backed mortgage? Call Coker Appraisers, Inc.

Rest assured that Coker Appraisers, Inc. is an FHA-approved appraisal company in TX. If you have an FHA-mortgage, be sure to hire Coker Appraisers, Inc., as we are approved and qualified to handle FHA appraisal reports. A portion of the ongoing training our staff at Coker Appraisers, Inc. undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

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 FHA does not provide funds to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all purchasers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications 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. Those with lower income or less starting capital to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs.