Pinnacle Appraisal Group, LLC. is your FHA certified appraisal companyPinnacle Appraisal Group, LLC. is TX state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisals for FHA secured financial transactions. A certain amount of the periodic training our staff at Pinnacle Appraisal Group, LLC. undergoes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact Pinnacle Appraisal Group, LLC. if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is secured by them. None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and necessities for lenders that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are incredibly helpful to those consumers with less available starting capital. |