Need an appraisal for an FHA-backed mortgage? Call www.valuationserv.comwww.valuationserv.com is IN state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at www.valuationserv.com is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact www.valuationserv.com if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is underwritten by them. The FHA does not loan money to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to aid low-to-moderate income buyers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are excessively beneficial to buyers with less starting capital. |