Need an appraisal for an FHA-backed mortgage? Call EDI Appraisals, Inc.

EDI Appraisals, Inc. is TX state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with EDI Appraisals, Inc., as we are approved and certified to handle FHA appraisal reports. Part of the periodic training our staff at EDI Appraisals, Inc. undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.

An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of 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 ensure that the loan is secure in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not meet requirements 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 lesser income or less starting funds to put down on a loan are helped the most from FHA loan programs.