Need an appraisal for an FHA-backed mortgage? Call Red River Residential Appraisals

Red River Residential Appraisals is TN state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with Red River Residential Appraisals, as we are approved and certified to handle FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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 financial transaction is an FHA-insured loan, it means it is insured by them. The lending company takes care of all the money in the loan; the FHA simply backs the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to benefit low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are excessively useful to purchasers with less starting capital.