Davis Appraisal Service is your FHA certified appraisal company

The FHA retains of approved appraisers for each state - Davis Appraisal Service is on the roster of approved appraisers for TN. We're qualified and approved to do appraisals for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your home loan is FHA certified, that means that it has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to aid low-to-moderate income purchasers help meet credit requirements if they otherwise would not.

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