Need an appraisal for an FHA-backed mortgage? Call Wendy HaemeWe assure you that Wendy Haeme is an FHA-approved appraisal practice in NC. We are certified and approved to do appraisals for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Wendy Haeme if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting capital to use as a down-payment on a loan are assisted the most from Federal Housing Administration loan programs. |