Callaway & Company is your FHA certified appraisal companyCallaway & Company is TX state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to contact Callaway & Company, as we are approved and certified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Callaway & Company is well-trained on how to comply with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your loan 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). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lending organizations that 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 particularly useful to those purchasers with less accessible cash. |