At Blue Star Appraisals, all of our appraisers are FHA Approved
Need an FHA appraisal? Contact us now to place an order.
We have appraisers on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisals for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are designed to help creditworthy low-income and moderate-income families who do not meet requirements for conventional loans. Remember, the FHA is different from the VA appraiser panel in that the lender can choose the appraiser.
FHA loan programs are particularly beneficial to those buyers with less available cash. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
FHA appraisals begin at $425.00. FHA appraisals must be ordered through a third party or by a direct lender.
Blue Star Appraisals Inc. offers home appraisals in Dallas, Fort Worth, Plano, McKinney, Denton, Flower Mound, Lewisville, Southlake, Frisco, Waxahachie, Kaufman, Midlothian, Mansfield, and most other cities and towns within approximately a 130 mile radius of Dallas. If you are a homeowner, seller, buyer or investor interested in a residential appraisal please contact us to help you select the appropriate appraisal product for your property. Homeowners can use appraisals to remove PMI, contest property taxes, arrive at a sale price in anticipation of listing, or in advance of remodeling. Call Blue Star Appraisals Inc. today to consult with an appraiser. We look forward to hearing from you!