Need an appraisal for an FHA-backed mortgage? Call Davis AppraisalsThe FHA publishes a list of approved appraisers for each state - Davis Appraisals is on the roster of approved appraisers for KY. Davis Appraisals is qualified and approved to do appraisals for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Davis Appraisals if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all purchasers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are excessively helpful to purchasers with less starting income. |