Need an appraisal for an FHA-backed mortgage? Call BJC Appraisal ServiceWe assure you that BJC Appraisal Service is an FHA-certified appraisal service in NV. BJC Appraisal Service is qualified and approved to do appraisal reports for FHA secured financial transactions. Part of the ongoing training our staff at BJC Appraisal Service completes 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. 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 loan is an FHA-insured loan, it means it is secured by them. The lending organization takes care of all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly useful to those purchasers with less accumulated funding. |