Need an appraisal for an FHA-backed mortgage? Call Tim BollingerThe FHA keeps a roster of approved appraisers for each state - Tim Bollinger is on the roster of approved appraisers for KS. We're certified and approved to do appraisal reports for FHA insured loans. A certain amount of the continuing training our staff at Tim Bollinger completes deals precisely with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is underwritten by them. The lending company takes care of all the money in the loan; the FHA simply backs the loan with mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lower income or less starting money to put down on a mortgage benefit the most from FHA loan programs. |