Need an appraisal for an FHA-backed mortgage? Call Hearn & AssociatesThe FHA keeps a roster of approved appraisers for each state - Hearn & Associates is on the roster of approved appraisers for WI. If you have an FHA-mortgage, be sure to call Hearn & Associates, as we are approved and certified to perform FHA appraisal reports. A portion of the regular training our staff at Hearn & Associates receives deals exclusively with understanding the FHA's documentation and their rules and procedures. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA insured, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely useful to those homebuyers with less available funding. |