Need an appraisal for an FHA-backed mortgage? Call Rock'n H AppraisalThe FHA keeps a roster of approved appraisers for each state - Rock'n H Appraisal is on the roster of approved appraisers for MO. We're qualified and approved to do reports for FHA insured loans. A portion of the periodic training our staff at Rock'n H Appraisal receives deals exclusively with decoding 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. 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 loan, it means it is underwritten by them. The lending organization provides all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Available to all consumers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting money to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs. |