Need an appraisal for an FHA-backed mortgage? Call Johnson AppraisalThe FHA retains of approved appraisers for each state - Johnson Appraisal is on the roster of approved appraisers for VA. This indicates that we are certified and approved by the FHA to do appraisals for home loans insured by them. Part of the periodic training our staff at Johnson Appraisal undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Johnson Appraisal if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser income or less starting money to use as a down-payment on a loan are helped the most from Federal Housing Administration loan programs. |