Need an appraisal for an FHA-backed mortgage? Call Hammer Appraisals, LLCWe are happy to say that Hammer Appraisals, LLC is an FHA-certified appraisal practice in WI. We are certified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the continuing training our staff at Hammer Appraisals, LLC receives deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Hammer Appraisals, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of 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 make sure that the loan is secure in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and requirements for lending agencies 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 incredibly helpful to those buyers with less accumulated funding. |