is Missouri state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-loan, be sure to get with ASAP APPRAISAL SOLUTIONS, as we are approved and certified to produce FHA appraisal reports.
A certain amount of the continuing training our staff at ASAP APPRAISAL SOLUTIONS receives deals exclusively with understanding the FHA's documentation and their rules and procedures.
An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD).
The lender provides all the money in the loan - the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan.
The FHA and their loan programs are designed to help low-to-moderate income purchasers by easing credit requirements.
Remember, the FHA deviates from the VA appraiser panel in that the lending agency can pick the appraiser.
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 incredibly useful to consumers with less starting capital.
