Targetcoast ConsultantsTargetcoast Consultants is TX state certified and on the FHA Roster of approved residential appraisers. Targetcoast Consultants is certified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Targetcoast Consultants is well-trained on how to comply with the rules and regulations provided. Be sure to contact Targetcoast Consultants if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is insured in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications 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. The loan programs that the FHA provides are exceedingly helpful to purchasers with less starting income. |