Need an appraisal for an FHA-backed mortgage? Call Yahara Appraisals LLCThe FHA maintains of approved appraisers for each state - Yahara Appraisals LLC is on the roster of approved appraisers for WI. This indicates 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. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal agency 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 make sure that the mortgage is insured in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and requirements for lenders that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those consumers with less available cash. |