![]() Need an appraisal for an FHA-backed mortgage? Call The Appraisal Company, LLC.Rest assured that The Appraisal Company, LLC. is an FHA-certified appraisal firm in MO. If you have an FHA-mortgage, be sure to contact The Appraisal Company, LLC., as we are approved and certified to produce FHA reports. A certain amount of the periodic training our staff at The Appraisal Company, LLC. receives deals exclusively with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA insured, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and requirements for lenders that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lower income or less starting capital to put down on a loan are helped the most from FHA loan programs. |