Need an appraisal for an FHA-backed mortgage? Call TMT Appraisal Services, LLCThe FHA keeps a roster of approved appraisers for each state - TMT Appraisal Services, LLC is on the roster of approved appraisers for TN. If you have an FHA-secured mortgage, be sure to hire TMT Appraisal Services, LLC, as we are approved and qualified to produce FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. 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 mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are excessively helpful to purchasers with less starting capital. |