Need an appraisal for an FHA-backed mortgage? Call East Tennessee Real Estate and Appraisal

We assure you that East Tennessee Real Estate and Appraisal is an FHA-approved appraisal service in TN. If you have an FHA-mortgage, be sure to get with East Tennessee Real Estate and Appraisal, as we are approved and qualified to handle FHA appraisals. A certain amount of the regular training our staff at East Tennessee Real Estate and Appraisal completes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

If your home loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are built to aid low-to-moderate income consumers help meet credit expectations if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those buyers with less accumulated cash.