Need an appraisal for an FHA-backed mortgage? Call Mike Showalter-AppraiserThe FHA retains of approved appraisers for each state - Mike Showalter-Appraiser is on the roster of approved appraisers for KS. We are certified and approved to do appraisals for FHA secured loans. Part of the continuing training our staff at Mike Showalter-Appraiser receives deals strictly 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. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to aid 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. FHA loan programs are particularly useful to those homebuyers with less accumulated funding. |