The Williams GroupThe FHA keeps a roster of approved appraisers for each state - The Williams Group is on the roster of approved appraisers for MO. This means that we are qualified and approved by the FHA to do appraisal reports for property loans insured by them. Part of the periodic training our staff at The Williams Group undergoes deals precisely 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. 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 insured by them. The lending company provides all the money in the loan; the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to assist low-to-moderate income purchasers help meet credit qualifications if 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 Federal Housing Administration provides are excessively beneficial to purchasers with less starting capital. |