Need an appraisal for an FHA-backed mortgage? Call Steyskal Home Appraisal LLCThe FHA maintains of approved appraisers for each state - Steyskal Home Appraisal LLC is on the roster of approved appraisers for . If you have an FHA-mortgage, be sure to hire Steyskal Home Appraisal LLC, as we are approved and qualified to handle FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications 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 FHA provides are incredibly useful to consumers with less starting capital. |