We confidently state that Haley Appraisal is an FHA-certified appraisal provider in Wisconsin.
If you have an FHA-insured loan, be sure to hire Haley Appraisal, as we are approved and certified to handle FHA appraisals.
A portion of the periodic training our staff at Haley Appraisal completes deals exclusively with decoding the FHA's documentation and their rules and procedures.
||If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.
If your house loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD).
The lender takes care of all the loaned money - the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan.
Applicable to all consumers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember that the lending agency working with the the FHA is allowed to select which appraisers they work with, unlike the VA appraisal panel.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Purchasers with lesser incomes or less starting capital to use as a down-payment on a loan benefit the most from Federal Housing Administration loan programs.