Total Home Analysis is ready for your FHA loansTotal Home Analysis is MO state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisal reports for FHA insured loans. A certain amount of the regular training our staff at Total Home Analysis completes deals precisely with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Total Home Analysis if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are exceedingly useful to buyers with less starting income. |