A1 Appraisal Services is available for your FHA appraisalsThe FHA retains of approved appraisers for each state - A1 Appraisal Services is on the roster of approved appraisers for MI. We are qualified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at A1 Appraisal Services is well-trained on how to follow the rules and regulations provided. Be sure to contact A1 Appraisal Services if you need an appraisal done for an FHA-secured loan. If your home loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lenders with security with mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely beneficial to consumers with less starting capital. |