Nabholz Appraisal Inc. is available for your FHA mortgagesThe FHA keeps a roster of approved appraisers for each state - Nabholz Appraisal Inc. is on the roster of approved appraisers for AR. This means that we are certified and approved by the FHA to do appraisals for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. 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 agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. The lender takes care of all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to aid low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are excessively beneficial to buyers with less starting income. |