Davis Appraisal Service is your FHA certified appraisal company

We are happy to say that Davis Appraisal Service is an FHA-certified appraisal practice in TN. This means that we are qualified and approved by the FHA to do appraisal reports for home loans underwritten by them. A certain amount of the periodic training our staff at Davis Appraisal Service undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending agencies that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting capital to put down on a loan are assisted the most from FHA loan programs.