Need an appraisal for an FHA-backed mortgage? CallRest assured that is an FHA-certified appraisal practice in . If you have an FHA-secured mortgage, be sure to get with , as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at is well-trained on how to comply with the rules and regulations provided. Be sure to contact if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are acutely beneficial to buyers with less starting income. |