Need an appraisal for an FHA-backed mortgage? Call Valuations UnlimitedThe FHA retains of approved appraisers for each state - Valuations Unlimited is on the roster of approved appraisers for MA. If you have an FHA-insured mortgage, be sure to get with Valuations Unlimited , as we are approved and qualified to handle FHA appraisal reports. A certain amount of the regular training our staff at Valuations Unlimited completes deals exclusively with understanding the FHA's documentation and their rules and procedures. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with security with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and requirements for lenders that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs. |