Appraisal Solutions, Inc.The FHA maintains of approved appraisers for each state - Appraisal Solutions, Inc. is on the roster of approved appraisers for MT. If you have an FHA-secured mortgage, be sure to hire Appraisal Solutions, Inc., as we are approved and qualified to produce FHA appraisal reports. Part of the continuing training our staff at Appraisal Solutions, Inc. completes deals exclusively with understanding 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. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications for lending agencies 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. Purchasers with lesser income or less starting money to put down on a mortgage benefit the most from Federal Housing Administration loan programs. |