Shell PAS Enterprises, LLCWe confidently state that Shell PAS Enterprises, LLC is an FHA-certified appraisal provider in Texas. If you have an FHA-loan, be sure to contact Shell PAS Enterprises, LLC, as we are approved and certified to perform FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Shell PAS Enterprises, LLC is well-trained on how to comply with the rules and regulations provided.
An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers. Rather, it provides lending organizations with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income consumers benefit the most from FHA-backed loan programs. The purpose of the Federal Housing Administration is to assist credit-worthy consumers get approved for mortgages that they otherwise would not. Remember that the lender approving a loan associated with the Federal Housing Administration is authorized to choose which appraisers they work with, unlike the VA appraisal panel. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely useful to those purchasers with less accumulated cash. |
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