Need an appraisal for an FHA-backed mortgage? Call Home Appraisal ServicesThe FHA maintains of approved appraisers for each state - Home Appraisal Services is on the roster of approved appraisers for WI. We're qualified and approved to do reports for FHA insured financial transactions. A certain amount of the regular training our staff at Home Appraisal Services undergoes deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact Home Appraisal Services if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are created to benefit low-to-moderate income consumers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely useful to those homebuyers with less available cash. |