Need an appraisal for an FHA-backed mortgage? Call Freedom Appraisal, LLCWe assure you that Freedom Appraisal, LLC is an FHA-certified appraisal provider in WI. This indicates that we are qualified and approved by the FHA to do appraisals for home loans underwritten by them. A portion of the regular training our staff at Freedom Appraisal, LLC completes deals strictly with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs. |