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

We are happy to say that Cloudview Appraisals, Inc. is an FHA-certified appraisal company in Texas. We are certified and approved to do appraisal reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Cloudview Appraisals, Inc. is well-trained on how to follow the rules and regulations provided.

If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.

If your financial transaction is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply secures the loan through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and necessities for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting funds to use as a down-payment on a loan are helped the most from FHA loan programs.