Countryside AppraisalCountryside Appraisal is VA state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisals for home loans insured by them. Part of the continuing training our staff at Countryside Appraisal completes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact Countryside Appraisal if you need an appraisal done for an FHA-secured loan. If your home loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States 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 paid for in case the borrower defaults on his or her loan obligations. Available to all homebuyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are incredibly helpful to buyers with less starting income. |