Need an appraisal for an FHA-backed mortgage? Call PT Appraisals

PT Appraisals is UT state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do reports for property loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your house loan is FHA approved, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States 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 taken care of in case the borrower defaults on his or her loan obligations. Accessible to all purchasers, FHA loan programs are made to assist 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. FHA loan programs are incredibly helpful to those consumers with less accessible funding.