Appraisal Professionals is your FHA certified appraisal companyRest assured that Appraisal Professionals is an FHA-approved appraisal firm in WV. If you have an FHA-secured loan, be sure to hire Appraisal Professionals, as we are approved and certified to produce FHA reports. A certain amount of the periodic training our staff at Appraisal Professionals receives deals precisely with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is insured by them. The lending organization provides all the loaned money; the FHA simply backs the loan with mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all homebuyers, FHA loan programs are formed to aid 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 helpful to those homebuyers with less accessible cash. |