Need an appraisal for an FHA-backed mortgage? Call Davis Appraisal Service

We assure you that Davis Appraisal Service is an FHA-approved appraisal practice in TN. If you have an FHA-insured mortgage, be sure to contact Davis Appraisal Service, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Davis Appraisal Service 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 loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Accessible to all homebuyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting money to put down on a financial transaction are helped the most from Federal Housing Administration loan programs.