Crest Appraisal Services can do FHA workCrest Appraisal Services is WA state certified and on the FHA Roster of approved residential appraisers. This means that we are qualified and approved by the FHA to do appraisal reports for home loans insured by them. Part of the continuing training our staff at Crest Appraisal Services completes deals exclusively with decoding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your loan is FHA certified, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are excessively beneficial to consumers with less starting income. |