Need an appraisal for an FHA-backed mortgage? Call Heinen Residential AppraisalHeinen Residential Appraisal is WI state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact Heinen Residential Appraisal, as we are approved and qualified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Heinen Residential Appraisal is well-trained on how to follow the rules and regulations provided. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and qualifications for lending agencies 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. The loan programs that the FHA offers are excessively helpful to consumers with less starting income. |