Veterans Realty is your FHA certified appraisal companyVeterans Realty is MS state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisals for FHA insured loans. Part of the ongoing training our staff at Veterans Realty receives deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Veterans Realty if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with security with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those homebuyers with less accumulated starting capital. |