![]() Williams Appraisal is ready for your FHA mortgagesWilliams Appraisal is OH state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to call Williams Appraisal, as we are approved and certified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Williams Appraisal is well-trained on how to comply with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and qualifications for lenders 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 offers are excessively useful to consumers with less starting income. |